Since the beginning of the full-scale invasion, more than 2,900 environmental crimes committed by russia have been documented. Ukraine, together with its foreign partners, is trying to assess the environmental damage caused by russian aggression and bring the aggressor to justice. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine, in a vi...
The Ukrainian economy continues to demonstrate positive dynamics even in spite of adverse external factors. According to preliminary estimates of the Ministry of Economy, GDP growth in October 2023 compared to October last year is about 10.5% [±2%]. As a result, for January-October 2023, the growth of the economy is estimated at the level of 5.5% compared to the corresponding period last year.
The Government is supporting women in their efforts to achieve greater financial capability and opportunities in business by offering them grant programmes, training and retraining options, and by implementing measures to close the gender pay gap. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister – Minister of Economy of Ukraine, in her speech at the 7th Ukrainian Women’s Congress.
Norway contributed NOK 240 million (approximately USD 22 million) to the Support to Ukraine’s Reconstruction and Economy (SURE) Trust Fund, launched by the Multilateral Investment Guarantee Agency of the World Bank (MIGA) in February 2023. to insure investments in Ukraine. This is reported by MIGA.
The Verkhovna Rada has adopted in full the draft law No. 9015 on insurance of investments in Ukraine against war risks. This will allow the Export Credit Agency (ECA) to insure and reinsure investments of both international and Ukrainian companies even before the end of martial law. Ukrainian export-oriented business will be able to use war risk insurance instruments.
In the near future, the Canadian Parliament is expected to ratify the updated Free Trade Agreement between Ukraine and Canada. To make the most of the new opportunities for private business in both countries, early next year, a Canadian business mission will arrive in Ukraine with concrete proposals for investment in Ukraine’s economy and post-war recovery. This was agreed by Yuliia Svyrydenko, Fi...
The Army of Recovery project, since its inception, has involved over 70,000 unemployed individuals in community service, allowing them to earn UAH 462 million. Deputy Minister of Economy of Ukraine, Tetiana Berezhna, reported this achievement.
The International Finance Corporation (IFC) is considering the possibility of financing investment projects submitted by the Ministry of Economy. This was discussed at a meeting between Yuliia Svyrydenko, First vice Prime Minister of Ukraine - Minister of Economy of Ukraine, and Alfonso Garcia Mora, Vice President of IFC for Europe, Latin America and the Caribbean.
The US Agency for International Development (USAID) will support small and medium-sized businesses, expand grant programmes for entrepreneurs, including businesses in the de-occupied territories, and continue export support programmes. The agency can also support Ukraine in attracting major US banks to investment projects. This was discussed during a meeting between Yuliia Svyrydenko, First vice P...