Economy

01 June 2024

Shmyhal: IMF, Ukraine seal fourth review of EFF

Shmyhal: IMF, Ukraine seal fourth review of EFF

Ukraine and the International Monetary Fund agreed at the expert level on the fourth review of the Extended Fund Facility (EFF) programme in the amount of $15.6 billion. This will allow Ukraine to receive a $2.2 billion tranche in the coming weeks.

One in three Ukrainians live in poverty - World Bank

One in three Ukrainians live in poverty - World Bank

The number of Ukrainians living in poverty has grown by 1.8 million since 2020, bringing the total to about 29% of the population as Russia's 2022 invasion continues to ravage the country's economy, the World Bank said in a report.

31 May 2024

30 May 2024

EU has no reason to extend Russian gas transit via Ukraine

EU has no reason to extend Russian gas transit via Ukraine

The European Union had more than two years to prepare for the termination of transit of Russian gas through Ukraine's gas transmission system so it has no reason to ask Ukraine to extend any transit contracts with Russian companies.

29 May 2024

27 May 2024

26 May 2024

25 May 2024

World Bank president ready to manage G7 loan to Ukraine

World Bank president ready to manage G7 loan to Ukraine

World Bank President Ajay Banga has said that he is "absolutely" open to the idea of managing a G7 loan fund for Ukraine backed by the earnings from frozen Russian sovereign assets - at least for non-military purposes.

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