The Ukrainian authorities and the IMF have reached agreement at the expert level on an updated package of economic and financial policy measures for the third review of the four-year Extended Fund Facility (EFF) programme.
The Ukrainian authorities and International Monetary Fund (IMF) staff have reached agreement at the expert level on an updated package of economic and financial policy measures for the third review of the four-year, approximately USD 15.6 bln Extended Fund Facility (EFF) programme.
Italy is stepping up cooperation with Ukraine to attract investment and insure exports against risks.
Italy’s SACE will provide EUR 1.5 bln to support trade and financial transactions, particularly in the health and infrastructure sectors. In addition, the export credit agency SIMEST intends to support investments by Italian companies in Ukraine, providing export credits, concessional loans and direct investments.
Ukrainian start-up PeopleForce has secured a USD 2 mln investment from Polish fund Pracuj Ventures.
The funding is expected to support further product development and help scale to international markets.
Ministry of Digital Transformation announces investment accelerator for Ukrainian tech startups.
Ukraine has launched an investment accelerator to help startups enter the UK market. This is the first programme under the Ukraine-UK Technology Bridge. It will provide 15-20 Ukrainian startups with a unique opportunity to pitch to the UK tech community and gain the knowledge needed to pitch to local investors.
The European Parliament has supported the allocation of EUR 50 bln to Ukraine.
The competent committees of the European Parliament have supported the decision to allocate EUR 50 bln in a multi-annual financial assistance programme to Ukraine.
Naftogaz Group will cooperate with Sumitomo Corporation and Komaihaltec to modernise its thermal power plants and develop a joint wind energy project.
Sumitomo Corporation, with the support of the Japanese government, will help to conduct a feasibility study for the modernisation of Ukraine’s heat supply systems. The memorandum with Komaihaltec provides for the installation of 1 MW wind turbines at one of the group’s facilities.
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