WorldBank
Editor’s note: This is issue 52 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from April 15-22, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. World Bank prioritiesThe Committee on Law-Enforcement recommended a draft law with changes in the High Anti-Corruption Court hearings. On April 22, the Committee on Law Enforcement Issues recommended adopting draft law #11130. The draft law suggests ...
Kyiv Independent
Editor’s note: This is issue 52 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from April 15-22, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. World Bank prioritiesThe Committee on Law-Enforcement recommended a draft law with changes in the High Anti-Corruption Court hearings. On April 22, the Committee on Law Enforcement Issues recommended adopting draft law #11130. The draft law suggests ...
Kyiv Independent (UK)
Editor’s note: This is issue 52 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from April 15-22, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. World Bank prioritiesThe Committee on Law-Enforcement recommended a draft law with changes in the High Anti-Corruption Court hearings. On April 22, the Committee on Law Enforcement Issues recommended adopting draft law #11130. The draft law suggests ...
Kyiv Independent (CA)
The recent increase in public spending has made Britain seem more like France than the United States, according to the World Bank's chief economist, Indermit Gill. The result is a slowdown in economic growth, Gill said in an interview with The Telegraph newspaper. "The country that used to be the most like the United States in all of Europe was the UK. And you guys decided to go and become a lot more like continental Europe," Gill pointed out. "Take a look at the share of government spending to GDP. You look like France, not like the US." France's GDP at 58% of public spending in 2022, is stil...
Euronews (English)
The private financing arm of the World Bank plans to invest $1.9 billion in projects in Ukraine over the next 18 months, Reuters reported on April 22. According to its website, the International Finance Corporation (IFC) is the "largest global development institution focused exclusively on the private sector in developing countries." Since the launch of Russia’s full-scale invasion, it has already invested $1.1 billion in Ukraine. The new funding will go into projects such as river transport on the Danube or energy generation from solar and wind. "It will allow us to start looking at investmen...
Kyiv Independent (CA)
The private financing arm of the World Bank plans to invest $1.9 billion in projects in Ukraine over the next 18 months, Reuters reported on April 22. According to its website, the International Finance Corporation (IFC) is the "largest global development institution focused exclusively on the private sector in developing countries." Since the launch of Russia’s full-scale invasion, it has already invested $1.1 billion in Ukraine. The new funding will go into projects such as river transport on the Danube or energy generation from solar and wind. "It will allow us to start looking at investmen...
Kyiv Independent
The private financing arm of the World Bank plans to invest $1.9 billion in projects in Ukraine over the next 18 months, Reuters reported on April 22. According to its website, the International Finance Corporation (IFC) is the "largest global development institution focused exclusively on the private sector in developing countries." Since the launch of Russia’s full-scale invasion, it has already invested $1.1 billion in Ukraine. The new funding will go into projects such as river transport on the Danube or energy generation from solar and wind. "It will allow us to start looking at investmen...
Kyiv Independent (UK)
Thanks to new financing instruments, the World Bank will be able to grant more loans to poorer countries to help them tackle climate change and other cross-border challenges. Financing commitments from several countries, including Germany, will increase the World Bank's lending volume by an additional $70 billion over the next 10 years, the development bank announced in Washington on Friday. "We worked hard to develop these new financial instruments that boost our lending capacity, multiply donor funds, and ultimately allow us to improve the lives of more people," emphasized World Bank Preside...
DPA Breaking News
Thanks to new financing instruments, the World Bank will be able to grant more loans to poorer countries to help them tackle climate change and other cross-border challenges. Financing commitments from several countries, including Germany, will increase the World Bank's lending volume by an additional $70 billion over the next 10 years, the development bank announced in Washington on Friday. "We worked hard to develop these new financial instruments that boost our lending capacity, multiply donor funds, and ultimately allow us to improve the lives of more people," emphasized World Bank Preside...
DPA Breaking News
Ukraine will receive a $1.5 billion loan through the World Bank under its Growth Foundations Development Policy Loan (DPL) program, Ukraine's Finance Ministry announced on March 26. Funding totaling $1.5 billion, backed by guarantees from Japan and the United Kingdom, will be provided through the World Bank Trust Fund (ADVANCE Ukraine). In total, Japan will guarantee $984 million, and the United Kingdom will guarantee $516 million. Ukraine will receive the loan by the end of March, the news release noted. Ukraine's Finance Minister Serhii Marchenko emphasized the crucial support of the World B...
Kyiv Independent
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