Ukrainian factories join France’s Alstom in building 55 locomotives for Ukraine
Manufacturers from seven Ukrainian oblasts have been selected by France's Alstom to produce components for 55 UA8AC freight locomotives.
Browsing Tag
World Bank
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Norway drops $200 million lifeline into Ukraine’s budget—10 million pensioners teachers and emergency workers rely on it
Since 2022, $52 billion mobilized, as massive global effort sustains Ukraine’s resilience.
World Bank maps Ukraine’s deepest scars — $195B in direct damage and $588B bill for survival
Housing, energy, and transport emerge as the hardest-hit pillars of Ukraine’s survival.
World Bank releases $290 mn for Ukraine to support small and medium-sized businesses
A $290 mn World Bank payment has landed in Ukraine's budget following the government's completion of key milestones in a $593 mn program targeting 20,000 businesses and 40,000 jobs
EBRD joins the consensus: Ukraine’s war economy stalls
Major lenders agree: Ukraine’s war economy just hit a wall.
World Bank: Ukraine’s reconstruction needs reach $524 billion
Ukraine requires $524 billion for reconstruction over the next decade—nearly triple its 2024 GDP—with housing, transport, and energy sectors suffering the most damage as the 2025 funding gap reaches $10 billion.
World Bank projects 2% growth for Ukraine in 2025 despite ongoing war
Despite showing resilience with projected 2% growth in 2025, Ukraine's economy faces a lengthy path to recovery, with pre-invasion GDP levels not expected until 2030 due to widespread infrastructure damage and hostilities.
US delivers first $ 1 billion from frozen Russian asset proceeds to Ukraine
This marks the first time frozen Russian assets have been used to support Ukraine's state budget.
World Bank approves first Ukraine aid from US loan backed by Russian assets
Profits generated by frozen Russian assets will repay the $2.05 billion loan.
Japan grants Ukraine $235 million for education and entrepreneurship projects
With $235 million from Japan, Ukraine will enhance school infrastructure and boosts sustainable entrepreneurship initiatives.
World Bank approves $664 million for Ukraine’s social protection project
The INSPIRE project focuses on improving access to social services and bolstering support for vulnerable groups during the war.
Ukraine to receive about $ 1.37 billion grant from World Bank
The World Bank grant will support social and humanitarian expenditures in Ukraine
World Bank to finance Ukrainian education for $ 415 million
Ukraine's education sector is set to receive a $415 mn boost from the World Bank, with $200 mn potentially available by the end of 2024, for improving teaching and learning conditions.
Ukraine receives $3.9 billion grant from the US for budget support
Ukraine received a $3.9 billion non-repayable grant from the US through the World Bank, targeting salary support and social aid, as part of a larger $7.8 billion direct aid package for 2024.
Ukrainian deputy urges allies to impose taxes on Russian imports for country’s reconstruction
Ukraine plans to create a fund to gather various reparation sources and ensure compensation payments for its citizens.
Ukraine receives $1.5 billion World Bank aid for reconstruction and social needs
Ukraine has received a $1.5 billion tranche from the World Bank, with contributions from Japan and the UK, to cover budget spending for social and humanitarian needs and reconstruction, amid stalled US aid.
World Bank plans to disburse $ 500 million to support Ukrainian business in 2024
In an effort to bolster the Ukrainian economy targeted by the Russian war, the country's Ministry of Economy…
World Bank: Ukraine’s recovery costs rise to $486 billion
The World Bank estimates Ukraine's reconstruction and recovery costs at $486 billion over the next decade, up from $411 billion a year ago.
World Bank grants Ukraine $ 1.3 Billion
The funds will support pensions and salaries for Ukrainian rescue workers.
Ukraine gets a billion-dollar grant in US aid
The US funds Ukraine's state budget through a World Bank initiative.