Business news from Ukraine

Business news from Ukraine

Ukrainian government approves attraction of another grant from USA of $4.5 bln

The Cabinet of Ministers approved the attraction of another grant from the United States in the amount of $4.5 billion, Prime Minister Denys Shmyhal said.
“The Cabinet of Ministers will approve the attraction of another grant from the United States in exchange for $4.5 billion, ” Shmyhal said at a government meeting on Tuesday.
According to the Prime Minister, this is a clear demonstration that the allies continue to help Ukraine bring victory closer.
Shmyhal said that the funds would be received through a fund created by the World Bank.

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U.S. Ambassador to Ukraine: USA to continue efforts to provide safe passage for Ukrainian grain

U.S. Ambassador to Ukraine Bridget Brink had a “valuable discussion” with Infrastructure Minister Oleksandr Kubrakov on negotiations with UN and Turkey on establishing grain transport corridors through the Black Sea.

“Ukraine is ready to export grain to countries in need; the United States continues engaging with partners to provide safe passage for grain,” she said on Twitter on Saturday following the discussion.

In addition, Brink met with Mayor of Kyiv Vitali Klitschko. “So proud to call the beautiful city of Kyiv our home… With victory, we can’t wait to realize Kyiv’s future as a great European capital,” the U.S. Ambassador said.

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UKRAINE RECEIVES $1.7 BLN FROM USA TO SUPPORT MEDICAL PROGRAM

Ukraine has received $1.7 billion from the United States to support the Medical Guarantee Program (MGP), Health Minister Viktor Liashko has said.
“As a result of agreements with the U.S. government, Ukraine received $1.7 billion in support of the MGP. The funds were provided through the World Bank trust fund on a gratuitous, non-refundable basis to the state budget of Ukraine,” he said at a briefing on Tuesday.
Liashko also said that since the beginning of 2022, as part of the MGP, UAH 74 billion have been transferred to medical institutions, including more than UAH 54 billion directed to the salaries of doctors.
In addition, Liashko recalled that out of 834 health facilities destroyed by the aggressor, 123 cannot be restored.
“The terrorist country is destroying the walls of hospitals, but it will never destroy the heroism and dedication of our doctors, who continue to work in the most difficult conditions,” he stressed.

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USA TO PROVIDE $368 MLN ADDITIONAL HUMANITARIAN AID TO UKRAINE – BLINKEN

The United States will provide almost $368 million in additional humanitarian aid to Ukraine to support people inside Ukraine and refugees forced to leave their country, U.S. Secretary of State Antony Blinken has said.
“Our commitment to the people of Ukraine is resolute. The United States is providing nearly $368 million in additional humanitarian aid to support people inside Ukraine and refugees forced to flee their country to seek safety in the midst of Russia’s brutal war,” he wrote on Twitter on Saturday.

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USA TRANSFERS RESCUE EQUIPMENT WORTH $50 MLN TO UKRAINE

Rescue equipment worth $50 million was handed over to Ukrainian law enforcement officers by the American side, other aid packages are expected to be handed over in the near future, U.S. Ambassador to Ukraine Bridget Brink said.
Proud to strengthen our partnership with the Ministry of Internal Affairs of Ukraine and Minister Monastyrsky to support Ukraine’s law enforcement with $50 million in life-saving equipment. More is on the way,” Brink said on Twitter on Monday.
The ambassador also noted that the State Border Guard Service of Ukraine, the National Guard and the National Police of Ukraine, which are part of the Ministry of Internal Affairs, “have displayed true heroism in the most dire conditions.”

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PRESIDENT OF UKRAINE WILL COMMUNICATE WITH STUDENTS OF LEADING UNIVERSITIES IN THE USA, CANADA AND UKRAINE

President of Ukraine Volodymyr Zelensky announced his address and communication with students from leading universities in the US and Canada, as well as higher educational institutions in Ukraine.
According to him, the maximum attention of the world to Ukraine should be maintained, and information about the needs of the Ukrainian state should be present in the news of all countries.
“For greater informational and political support for Ukraine, on Monday I will communicate with students from leading American universities. These are 63 US universities and 2 Canadian universities that bring together hundreds of thousands of students and are a large expert and research community. Their voice will definitely strengthen our capabilities,” Zelensky said in a video message.
At the end of May, the head of state is scheduled to address the students of Stanford University.
Zelensky also announced his plans to communicate with Ukrainian students.
“I am also getting ready to communicate with Ukrainian students from leading universities. In my address to them, I will answer important and complex questions that already exist in our society and are already visible. I expect deep questions from them,” the president said.
The head of state also said that he would continue his appeals to the parliaments of European states. “Our task is the status of a candidate for the EU, and over time, accession to the EU under an accelerated procedure,” he said.
“It is equally important to have the maximum consent of the European countries to strengthen sanctions against Russia. It is for this that I will apply to the Luxembourg parliament in the near future,” he added.
In addition, according to Zelensky, work is underway to expand the geography of speeches before the parliaments of Africa and Asia.
On May 23, the head of state is scheduled to address the forum participants in Davos. “The pre-war reconstruction will be discussed. We are doing our best to collect the support of the world to the maximum,” he summed up.

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