Our readers questions about the war, answered Vol 6 yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
In March, Ukraine received the largest budget financing from its allies since the beginning of Russia's full-scale invasion and the start of Ukraine's independence, Prime Minister Denys Shmyhal said on March 29. Ukraine received more than $9 billion in financial aid in March, including 4.5 billion euros ($4.9 billion) from the European Union through its four-year Ukraine Facility, $1.5 billion in loans from the World Bank, $880 million from the International Monetary Fund (IMF), $1.5 billion from Canada, and $230 million from Japan, according to Shmyhal. In January, Ukraine received only $400 million from Japan.
Ukraine Business Roundup — March 26 yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
A team from the International Monetary Fund (IMF) is in Kyiv this week for a three-day visit to meet with Ukrainian officials. The team will head to Warsaw later this week for the IMF’s review of its loan program for Ukraine that could unlock the next $900 million tranche of aid. Ahead of the visit, Bloomberg reported on Feb. 9 that Ukrainian officials were preparing to present the IMF delegation with a plan that included expanded domestic bond sales, tax hikes, and spending cuts to fill gaps in the budget in the event U.S. aid remains stalled in Congress.
"This new partnership between Nasdaq and the government of Ukraine demonstrates that Ukraine is open for business, even as they continue to fight for their freedom," said USAID administrator Samantha Power.