Business

The World Bank has approved an additional financing package totaling $610 million to address urgent relief and recovery needs in Ukraine as the war with Russia continues. That's according to Reuters, Ukrinform reports. "The package includes an additional $500 million…

The Cabinet of Ministers of Ukraine has approved a draft Grant Agreement between the Government of Ukraine and the Government of Switzerland regarding the improvement and rehabilitation of railway infrastructure. The relevant statement was made by Representative of the Cabinet…

In January-November 2022, Ukraine imported $49.4 billion worth of goods, while the exports of goods came to $40.7 billion. The relevant statement was made by the Ukrainian State Customs Service on Telegram, an Ukrinform correspondent reports. Most imports came from…

The U.S. Senate Apprriations Committee released the fiscal year 20

On Tuesday, December 20, four ships loaded with 129,000 tonnes of Ukrainian agricultural products left the seaports of Odesa region. "Grain initiative: four ships with 129,000 tonnes of agricultural products bound for Africa, Asia, and Eure left the ports of…

The budget has received grant funds from the USA in the amount of US$2 billion, which will be directed to providing pension payments and salaries to civil defense personnel, as well as financing the medical guarantee system. This was reported…

In Russia, an explosion rocked the trunk gas pipeline Urengoi – Pomary – Uzhhorod. That’s according to Interfax, referring to the press service of the head of Chuvashia, Ukrinform reports. "Prior to the fire, works were carried out by the…

The IMF Executive Board discussed Program Monitoring with Board invvement (PMB) for Ukraine. It is designed to help Ukraine maintain stability and catalyze donor financing. “The 4-month PMB, which has been approved by IMF Management, is designed to help Ukraine…

EU energy ministers have reached an agreement on a regulation that sets a market correction mechanism against excessively high gas prices. That’s according to the Council’s press release, Ukrinform reports. “EU energy ministers reached a pitical agreement on a Council…

Longer power outages in Kyiv are a new reality for Ukraine’s capital, Kyiv. That’s according to the Yasno erator CEO, Serhii Kovalenko, Ukrinform reports. "The situation in Kyiv is difficult. Today, all three groups of consumers are almost completely disconnected…