We are pleased to present a weekly digest of news about investment and business development in Ukraine from the UkraineInvest team. We focus on the most relevant and interesting news and topics that will definitely come in handy
– Ukraine’s international reserves have reached $39 billion, a record high. In June alone, the government received $1.6 billion from the EU, $1.2 billion from the US, $69.1 million from the World Bank, and $15 million from the Government of Finland. In June, Ukraine passed the first review of the IMF’s extended financing and received the second tranche of $886 million.
– The office of the Polish Investment and Trade Agency reopened in Kyiv. Polish business will now be able to join Ukraine’s reconstruction projects
– In the first quarter of 2023, the inflow of foreign direct investment in Ukraine amounted to USD 1.1 billion and was formed by reinvesting earnings. As of 31.03.2023, the total volume of direct investment in Ukraine amounted to USD 53 billion.
– In June 2023, the state budget of Ukraine received USD 3 billion in external financing. Ukraine received about 40% of the funds raised in the form of grants, i.e. on non-refundable terms
– Under various international and government grant programmes available in Ukraine, businesses can raise between UAH 180,000 and UAH 7 million. The largest number of grants is offered by the government through the eRobota project, which was launched last year, and by USAID through the Competitive Economy of Ukraine programme.
– On 10 July, #UkraineInvest, together with partners from the #CDP Deposit and Loan Fund and the Confederation of Italian Industry Confindustria, organises a B2B business meeting session between Italian and Ukrainian companies. This is another result of the “FIT FOR UKRAINE: ITALY” FORUM.
– On 19 July, #UkraineInvest, together with the Rivne Regional Military Administration and the Rivne Furniture Cluster, is holding the 5th FIT for Ukraine forum in the series: Furniture Cluster.
Follow us on Facebook, Twitter, LinkedIn, or YouTube.
