FINANCE

Ukraine faces $27 billion gap amid EU reluctance

The scale of financial challenges facing the state system requires a radical restructuring of approaches to revenue and expenditure generation. Materials from Glavcom indicate that in 2026 the total cost of providing for the war effort is estimated…

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The International Monetary Fund has waived the preconditions for its loan program for Ukraine, says Prime Minister Svyrydenko

The International Monetary Fund has agreed to waive the preconditions (prior actions) for Ukraine’s new $8.1 billion loan program – requirements to introduce VAT for sole proprietors, duties on parcels, a tax on digital platforms,


Xi Jinping Aims for Global Financial Market Leadership: Details

Beijing Wants to Turn the Yuan into a Global Reserve Currency and Strategically Challenge US Financial Dominance Chinese President Xi Jinping called for accelerating the yuan’s transformation into a global reserve currency, declaring the need


Frozen Russian Assets: Japan and Canada Allocate a $690.8 Million Grant to Ukraine Through the ERA Mechanism

Japan and Canada will provide nearly $691 million to support the Ukrainian state budget and social payments. The funds will be transferred to the general fund of the State Budget shortly. This was announced by


National Bank Cuts Key Policy Rate to 15%

The National Bank of Ukraine (NBU) has lowered its key policy rate from 15.5% to 15% per annum, according to a statement released by the NBU press service and cited by DS. The PromPolitInform portal


EU to Allocate €145 Million in Aid to Ukraine Amid Worsening Humanitarian Situation – The Guardian

The European Union plans to allocate €145 million in assistance to Ukraine amid a worsening humanitarian situation, The Guardian reports, citing information published by Apostrof. The PromPolitInform portal reports. According to the report, the EU