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Saturday, 11 April 2026, 09:06
The World Bank will provide $170 billion over the next 15 months in support to the low income countries faced with economic hardship as a result of Russia’s invasion of Ukraine.
Ukraine does not need debt write-off or restructuring as the country has no problems with servicing it.
22 April 2022
Ukrainian Prime Minister Denys Shmyhal has invited the International Finance Corporation to join the reconstruction of Ukrainian cities.
The United States will provide Ukraine with additional direct financial aid in the amount of $500 million.
Russia’s war in Ukraine will have a severe economic impact on Europe
Physical damage to Ukraine's buildings and infrastructure from Russia's invasion has reached roughly $60 billion and will rise further as the war continues.
As part of his working visit to Washington, Ukrainian Prime Minister Denys Shmyhal met with US Secretary of Commerce Gina Raimondo to discuss the development of bilateral trade, reduction of trade barriers and sanctions against Russia.
As of April 22, 400 enterprise have been relocated from the combat zone under the evacuation program, 190 of them have already started work.
The United Kingdom will provide $500 million in loan guarantees to Ukraine.
In the longer term, Ukraine’s rebuilding and restoration will cost at least $600 billion.
Ukrainian President Volodymyr Zelensky believes the only secure way to stop the development of the food crisis is to put an end to the war and liberate Ukraine’s territory from Russian invaders.
21 April 2022
Prime Minister of Ukraine Denys Shmyhal discussed increasing financial support for Ukraine and stepping up sanctions pressure on Russia with U.S. Treasury Secretary Janet Yellen.
U.S. President Joe Biden has stated that the U.S. government intends to allocate an additional $500 million to support Ukraine's economy during the war, as well as to provide social benefits.
The Government of the United Kingdom has added 26 new designations to its list of sanctions against Russia over its invasion of Ukraine.
Russia has turned the site of Zaporizhzhia Nuclear Power Plant (NPP) into a military base, making the personnel work under the pressure of the Russian military.
Ukraine hopes that reparations to restore its infrastructure after the war will be paid, including at the expense of the assets of the Russian Federation frozen abroad.
G7 finance ministers pledged additional support to Ukraine exceeding $24 billion for 2022 and beyond, adding that they were prepared to do more as needed.
Ukraine tries to convince Western allies to shift part of Russia's shipments of natural gas from the Nord Stream 1 pipeline to Ukraine's pipeline.
20 April 2022
Germany wants to end imports of Russian energy resources in the shortest possible time and already has a clear plan to cut off coal and oil imports from Russia.
On April 21, 2022, World Bank President David Malpass and International Monetary Fund (IMF) Managing Director Kristalina Georgieva will meet with Ukrainian Prime Minister Denys Shmyhal and Ukrainian Finance Minister Serhii Marchenko to discuss further financial aid.
UK has pledged almost £400 million in aid to Ukraine and will provide £220 million of humanitarian assistance to support countries receiving Ukrainian refugees.
19 April 2022
The Cabinet of Ministers is recording positive dynamics of Ukraine’s economic recovery compared to March.
The International Monetary Fund has downgraded its forecast for global economic growth to 3.6% for 2022-2023, predicting a “steep contraction” in Ukraine's GDP, largely due to the effects of Russia's war.
Russia's invasion has damaged or destroyed up to 30% of Ukraine's infrastructure at a cost of $100 billion. The reconstruction could be achieved in two years using frozen Russian assets to help finance it.
The National Bank of Ukraine changed account details for transferring funds in U.S. dollars (USD) to support the Armed Forces of Ukraine and for humanitarian assistance.
French President Emmanuel Macron says t France doesn’t need Russian gas and will continue to push for sanctions on Russian gas supplies.
A third of Ukrainian agricultural fields will not be used to sow wheat and other crops as a result of hostilities.
18 April 2022
Ukraine continues to work towards integrating into the European Union, particularly in the free roaming network and free payment space.
Ukraine will receive $500 million in financial assistance from international partners.