macroeconomic aid

IMF approves new $8.1 billion four-year program for Ukraine

The Executive Board of the International Monetary Fund (IMF) has approved a new four-year Extended Fund Facility (EFF) for Ukraine totaling $8.1 billion, Prime Minister Yuliia Svyrydenko announced on Feb. 27.

27 February, 09:35 AM

Ukraine and EU sign €35 billion credit agreement for macro-financial assistance

Ukraine and the European Union signed a credit agreement providing up to €35 billion ($37 billion) in macro-financial assistance (MFA), according to a statement released on Dec. 4 by the Ukrainian Ministry of Finance.

4 December 2024, 11:52 AM

White House plans to write off $4.65 billion of Ukraine’s debt

The administration of U.S. President Joe Biden has approached Congress with a plan to forgive half of Ukraine's economic aid debt, amounting to approximately $4.65 billion, Voice of America reported on Nov. 20.

21 November 2024, 01:27 AM

G7 $50-bn initiative for Ukraine: EU confirms its share in collective aid package

The European Commission welcomed the EU and G7 partners decision to collectively provide Ukraine with around $50 billion in loans as part of the G7 initiative, with the EU intending to contribute $19 billion, the official statement wrote on Oct. 26.

28 October 2024, 01:07 PM

IMF Ukraine mission begins EFF program review

The International Monetary Fund (IMF) mission in Kyiv has started the fifth review of the Extended Fund Facility (EFF) program, which could allow Ukraine to secure $1.1 billion in loans this year, Ukrainian PM Denys Shmyhal announced on Sept. 2.

2 September 2024, 10:11 PM

Ukraine's rating downgraded to restricted default - Fitch agency

Ukraine's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) was downgraded from 'C' to 'RD' (restricted default) following the start of the Eurobond restructuring, Fitch Rating agency wrote on Aug. 13.

14 August 2024, 01:52 PM

US Special Representative Pritzker to step down in September

U.S. Special Representative for Ukraine's Economic Recovery, Penny Pritzker, will step down from her role in September, Secretary of State Antony Blinken announced in a statement on Aug. 6.

6 August 2024, 08:37 PM

Brussels approves $4.6 billion in Ukraine funding

The European Commission has greenlit the disbursement of EUR 4.2 billion ($4.59 billion) in macro-financial assistance to Kyiv through the Ukraine Facility program, the commission announced on July 17.

17 July 2024, 09:42 PM

Hungarian PM Orban explains why he opposes EU's financial aid to Ukraine

The European Union should provide financial assistance to Hungary, not Ukraine, Prime Minister Viktor Orban told local outlet Telex on April 19.

28 April 2024, 01:18 PM

European Commission allocates new €1.5 billion Ukraine Facility tranche of macro aid to Ukraine

The European Commission disbursed a second tranche of macro-financial assistance to Ukraine worth 1.5 billion euros ($1.6 billion) under the Ukraine Facility program, European Commission President Ursula von der Leyen reported on X on April 24.

24 April 2024, 03:38 PM

Ukraine’s MP Hetmantsev on potential benefits cancellation for people with disabilities

If there are issues with receiving financialaid from the United States, Ukraine may need to seek deficit resources and consider canceling certain privileges, Ukraine’s parliamentary Finance Committee Chairman Danylo Hetmantsev said in an interview with Ukrinform on March 8.

8 March 2024, 06:45 PM

macroeconomic aid