Minister of Finance Serhiy Marchenko and Regional Director of the World Bank for Eastern Europe (Belarus, Moldova and Ukraine) Arup Banerjee signed an agreement to provide Ukraine with a grant in the amount of $4.5 billion.
24 November 2022
Power unit No.1 of the Khmelnytskyi nuclear power plant (NPP) has been connected to the unified energy system of UKraine.
As of the morning of November 24, only 44% of base stations of Ukraine’s mobile operators were operating across Ukraine.
Ukraine’s Ministry of Energy expects that Ukrainian nuclear power plants will resume operation in the evening of November 24.
Electricity supply was restored to about 50% of consumers in Dnipropetrovsk region.
Seventy per cent of the capital remains without electricity, water supply has already been restored on the left bank of the city.
The IMF’s Program Monitoring with Board Involvement, requested by Ukraine, will last four months.
Prime Minister Denys Shmyhal believes that the countries that will be the first to invest in Ukraine will benefit the most in the future.
The IMF management official is expected to approve the launch of the Program Monitoring with Board Involvement (PMB) in the coming weeks.
There is no reason to panic in connection with Russia’s missile attack on Ukraine’s infrastructure on Wednesday, November 23.
23 November 2022
Russian missile attack causes temporary blackout of all NPPs, most thermal power plants, hydropower plants
Russia’s massive missile attack on November 23 led to a temporary blackout of all nuclear power plants, most thermal power plants and hydropower plants across Ukraine. Electric power transmission facilities were also damaged.
The European Union plans to collect and send thousands of generators and power equipment to Ukraine.
The European Bank for Reconstruction and Development has approved a financing package worth EUR 372 million to support Ukrenergo, the Ukrainian government-run operator of the national power grid.
Power units of the Khmelnytskyi NPP have been disconnected from power system following Wednesday’s Russian missile strike on energy infrastructure across Ukraine.
22 November 2022
The World Bank has mobilized an additional $4.5 billion for ongoing assistance to Ukraine, which will help the country meet its urgent needs during the winter period.
The Cabinet of Ministers of Ukraine has approved a decision to provide UAH 12.7 billion to Naftogaz of Ukraine for the purchase of gas.
On November 22, Ukraine received EUR 2.5 billion of macro-financial assistance from the European Union.
The United States Government announced budget support to Ukraine in the amount of $4.5 billion.
Ukraine will receive the last tranche of the eighth EU macro-financial assistance program by the end of this year.
Ukraine's Ministry of Digital Transformation and Austria's Ministry of Finance have signed a memorandum on cooperation in the area of digitalization.
Ukraine has prepared a large package of sanctions, which includes individuals from Russia's military leadership and enterprises and institutions of the military and industrial sector, who are involved in the murder of Ukrainians.
European Commission President Ursula von der Leyen has announced the allocation of a further EUR 2.5 billion in macro-financial assistance to Ukraine.
21 November 2022
It is likely that Ukraine will be facing rolling blackouts throughout winter and until late March.
The net profit of solvent banks in Ukraine amounted to UAH 11 billion in January-October this year.
Norwegian Minister of Finance Trygve Slagsvold Vedum has today signed an agreement to provide funding of NOK 2 billion (USD 195 million) to enable Ukraine to purchase natural gas during the coming winter.
The National Bank of Ukraine last sold US$182.18 million on the interbank foreign exchange market and purchased $16.1 million.
Germany will help Ukraine restore energy infrastructure facilities that are being bombarded by Russia.
20 November 2022
At least 5,000,000 people in Ukraine have lost jobs due to the war unleashed by Russia.
Eight ships carrying 342,000 tonnes of agricultural products have left Ukraine's Black Sea ports for countries in Africa, Asia and Europe over the past two days.