Section: Economy

      Energy sector in Ukraine will be supported by international partners for $1.5 billion
      Dec26

      Energy sector in Ukraine will be supported by international partners for $1.5 billion

      The Prime Minister of Ukraine Denys Shmyhal noted on December 25, 2022, that international partners had declared assistance for the energy sector of Ukraine in the amount of almost 1.5 billion dollars. Source: The Prime Minister of Ukraine Denys Shmyhal “This year, we managed to mobilize more than $30 billion from our allies to support the...

      US President signed a defense budget with $800M in aid for Ukraine
      Dec24

      US President signed a defense budget with $800M in aid for Ukraine

      The White House noted on December 23, 2022, that US President Joe Biden approved by his signature the law which allocates funding for the needs of US national defense and which provides, among other things, $800 million in defense aid for Ukraine in 2023. Source: The White House, the US Department of Defense “Today, I have signed into law...

      Ukraine will receive $500M in aid from Great Britain in the form of a loan
      Dec24

      Ukraine will receive $500M in aid from Great Britain in the form of a loan

      The Ministry of Finance of Ukraine noted on December 23, 2022, that Britain would provide Ukraine with $500 million, the funds would be directed to reimbursement of state budget expenditures for social assistance payments to families with children, salaries for employees of state institutions of higher education, and communal services. Source:...

      European Commission transferred €66M to Ukraine for the reconstruction of destroyed schools
      Dec23

      European Commission transferred €66M to Ukraine for the reconstruction of destroyed schools

      Katarina Mathernova, Directorate-General for Neighbourhood and Enlargement Negotiations of the European Commission noted on December 23, 2022, on Twitter that the European Commission transferred 66 million euros to the budget of Ukraine for the reconstruction and restoration of school facilities which were damaged during Russia’s brutal war...

      Netherlands will allocate €2.5B to support Ukraine in 2023
      Dec23

      Netherlands will allocate €2.5B to support Ukraine in 2023

      The Prime Minister of the Netherlands Mark Rutte noted on December 23, 2022, on Twitter, that next year, the Netherlands would allocate 2.5 billion euros to support Ukraine. Source: The Prime Minister of the Netherlands Mark Rutte “As long as Russia continues its war against Ukraine, NL will provide assistance to Ukraine. Military,...

      US Senate voted for the 2023 budget, which provides $44.9 billion in aid for Ukraine
      Dec23

      US Senate voted for the 2023 budget, which provides $44.9 billion in aid for Ukraine

      The US Senate approved the country’s draft budget for the 2023 fiscal year in the amount of $1.65 trillion on December 22, 2022. It envisages, in particular, the allocation of $44.9 billion to help Ukraine. Source: Andriy Yermak, the head of the Office of the President of Ukraine The bipartisan draft law was adopted by 68 votes in favor,...

      USAID allocates more than $375M for humanitarian aid to Ukraine, – US President
      Dec22

      USAID allocates more than $375M for humanitarian aid to Ukraine, – US President

      The President of the USA Joe Biden stated that the United States Agency for International Development (USAID) allocates more than 375 million dollars to Ukraine. Joe Biden said this at a joint press conference with the President of Ukraine Volodymyr Zelenskyy in Washington on December 21, 2022. Source: The President of the USA Joe Biden...

      World Bank approved the allocation of $610M to meet Ukraine’s urgent needs
      Dec21

      World Bank approved the allocation of $610M to meet Ukraine’s urgent needs

      The World Bank noted on December 20, 2022, that it approved a new aid package in the amount of $610 million for Ukraine. The World Bank will provide additional financing for expenses related to the payment of child and family benefits, salaries of state employees, and utility payments. Source: The World Bank  “The additional $500 million in...

      Ukraine received $2B grant from the United States
      Dec20

      Ukraine received $2B grant from the United States

      The Minister of Finance of Ukraine Serhii Marchenko noted on December 20, 2022, that Ukraine’s budget received grant funds from the USA in the amount of 2 billion dollars, which would be directed to providing pension payments and salaries to civil defense workers, as well as financing the medical guarantee system. Source: The Minister of...

      Ukraine received $367M from Canada, – Ukraine’s Ministry of Finance
      Dec20

      Ukraine received $367M from Canada, – Ukraine’s Ministry of Finance

      Ukraine’s Ministry of Finance noted that on December 19, 2022, Ukraine received an additional 500 million Canadian dollars (equivalent to 367 million US dollars) from Canada within the framework of the credit agreement between Ukraine and Canada. Source: Ukraine’s Ministry of Finance These are the funds of the five-year “Ukraine...