The EBRD’s Board of Directors has approved investments in Ukraine worth more than EUR 1.3 billion.
This includes 8 projects to support the public and private sectors, in particular to rehabilitate transport and energy infrastructure and to support government programmes to develop distributed generation and improve energy efficiency.
http://surl.li/fgmwhb
Kronospan has invested EUR 200 million in a new OSB production line.
Kronospan, one of Ukraine’s largest producers of particleboard, laminated chipboard, oriented strand board (OSB) and worktops, has launched a new OSB production line in the Rivne region.
http://surl.li/ocgkby
Ukraine signs loan agreement with EU for up to EUR 35 billion under G7 initiativee.
Finance Minister Sergii Marchenko and National Bank of Ukraine Governor Andriy Pyshnyi signed a loan agreement with the European Union to raise up to EUR 35 billion in macro-financial assistance (MFA) through the Extraordinary Revenue Acceleration (ERA) mechanism using proceeds from frozen russian assets.
http://surl.li/hbkqny
The Ministry of Economy of Ukraine expects Ukraine’s GDP to grow by 3.9% in 2024, with inflation at 9.5%.
Ukraine’s economy ministry, which cut its forecast for economic growth this year from 4.6% to 3.5% in mid-year, has revised it up to 3.9%.
http://surl.li/kowmpq
Ukraine and the United States have signed a memorandum of understanding on energy resilience worth USD 825 million.
The document, signed by Foreign Minister Andriy Sybiga and US Secretary of State Anthony Blinken on the sidelines of a meeting of NATO foreign ministers, provides for up to USD 825 million in US assistance to Ukraine.
http://surl.li/rogfnz
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