Politics & Economics

IMF Board approves Seventh Review of Ukraine’s program

IMF Board approves Seventh Review of Ukraine’s program

The International Monetary Fund (IMF) management has approved the allocation of 400 million USD to Ukraine. According to Ukrinform, this was announced by the IMF press service. "The IMF Board today completed the Seventh Review of the Extended Arrangement under the Extended Fund Facility (EFF) for Ukraine, enabling a disbursement of about USD 0.4 billion," the statement reads. It is noted that these funds will be used for Ukraine's budget support. "This will bring the total disbursements under the IMF-supported program to USD 10.1 billion," the press service reported. Additionally, the IMF highlighted that Ukraine’s economy remains resilient, and performance remains strong under…
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Austrian Chancellor: Ukrainian people deserve just, lasting peace

Austrian Chancellor: Ukrainian people deserve just, lasting peace

Austria will continue providing humanitarian, financial, and political support to Ukraine and will assist the country on its path to achieving a just and lasting peace, according to Austrian Chancellor Christian Stocker. As reported by Ukrinform, Stocker made this statement on X following his conversation with Ukrainian Prime Minister Denys Shmyhal. "Just had a good exchange with Ukrainian Prime Minister Denys Shmyhal. Assured him of Austria’s continued humanitarian, financial and political support," Stocker wrote. The Austrian Chancellor also announced that a high-level Austrian business delegation would visit Kyiv the folowing week. Stocker emphasized that the Ukrainian people deserve a comprehensive,…
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There must be accountability for ceasefire violations – UK Ambassador

There must be accountability for ceasefire violations – UK Ambassador

Ensuring accountability for future ceasefire violations is a key element of Ukraine's security guarantees. This view was expressed by the British Ambassador to Ukraine, Martin Harris, in an interview with Ukrinform. "There’s one question, which is about how you monitor a ceasefire. And that needs to be given careful consideration to ensure that any violations of a ceasefire have consequences, and that it’s very clear, if there are provocations as we’ve seen before and a ceasefire is broken, who is responsible for those," Harris emphasized. According to the Ambassador, the primary goal of security guarantees is to prevent another Russian…
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Zelensky on talks with Russia: Not with Putin, it’s just ping-pong game

Zelensky on talks with Russia: Not with Putin, it’s just ping-pong game

Negotiations with Kremlin leader Vladimir Putin resemble ping-pong, so Ukraine would agree to talk to someone who can represent Russia, including business representatives. This was stated by President of Ukraine Volodymyr Zelensky at a briefing, an Ukrinform correspondent reports. “It's like ping pong - what Putin says. It is not always possible to get an answer. I think that in principle we would agree to talk not with him, but with someone who would represent Russia. Russia has businesses, they have many regions, including some serious business areas. I think we would communicate with them if they have a vision…
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Ambassador: UK increases military support to Ukraine by GBP 1B this year

Ambassador: UK increases military support to Ukraine by GBP 1B this year

The United Kingdom is increasing its own defense budget and military supplies to Ukraine, calling on its European partners to do the same. British Ambassador to Ukraine Martin Harris said this in an interview with Ukrinform. “We know that the security of the UK begins here in Ukraine. So we understand that the defence of Ukraine is also the defence of Europe, it’s the defence of international law, it’s the defence of the main pillars of security on which the UK depends. So we are not only supporting Ukraine’s security. By doing so, we’re supporting our own security,” the diplomat…
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Ukraine is important partner in protecting Britain from future threats – Ambassador Harris

Ukraine is important partner in protecting Britain from future threats – Ambassador Harris

Britain sees Ukraine's future in NATO and understands the country's importance in ensuring Euro-Atlantic security. This was stated by British Ambassador to Ukraine Martin Harris in an interview with Ukrinform. “We see a future of the UK and Ukraine – two flags here – as future NATO allies, and we see Ukraine as an essential partner for the UK in defending against future threats to Euro-Atlantic security,” the ambassador emphasized. The diplomat also noted Britain's interest in Ukraine's military-industrial complex, in particular high-tech defense developments. “You’ve spoken of some hi-tech systems that we’ve provided to Ukraine but what we’ve also…
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Zelensky: Ukraine receives revised subsoil agreement from U.S. with updated format

Zelensky: Ukraine receives revised subsoil agreement from U.S. with updated format

Ukraine has received a version of the new Minerals Agreement from the United States. Lawyers will review the minerals agreement received from the United States. The format of the agreement has been changed. This was announced by President of Ukraine Volodymyr Zelensky during a briefing on March 28, an Ukrinform correspondent reports. “I would like to note that the official Ukrainian side, namely the Cabinet of Ministers and the Office of the President of Ukraine, has officially received a note today with an option or proposal from the United States. This is important. Not once, but today,” Zelensky said. The…
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MFA Ukraine responds to Putin’s statement: Temporary UN administration in Russia, starting with Vorkuta

MFA Ukraine responds to Putin’s statement: Temporary UN administration in Russia, starting with Vorkuta

In response to Vladimir Putin's statement, the Ministry of Foreign Affairs of Ukraine suggested introducing a temporary United Nations administration in Russia. The ministry's spokesperson, Heorhii Tykhyi, said this in a post on the social media platform X, according to Ukrinform. "Counter-offer: temporary UN governance in Russia, starting with Vorkuta. It seems that locals would benefit greatly from any governance other than Putin, who spends billions of dollars on his criminal war against Ukraine," Tykhyi said. Read also: Baerbock: Russia must agree to ceasefire without preconditions Putin had earlier proposed negotiations on the introduction of a "temporary administration in Ukraine."
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Zelensky on Paris summit: New defense packages secured for Ukraine

Zelensky on Paris summit: New defense packages secured for Ukraine

The key topics at the European leaders' meeting in Paris were strengthening Ukraine and increasing pressure on Russia to achieve peace. Ukrainian President Volodymyr Zelensky said this in a post on the Telegram messaging app, according to Ukrinform. "Strengthening Ukraine, pressuring Russia for the sake of peace, and coordinating joint security steps – these were the key topics at the meeting of European leaders in Paris. Europe clearly knows how to defend itself, and we are working together to ensure greater security for our country and for all the nations of Europe," Zelensky said. Read also: Zelensky says he wants…
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NBU Governor comments on possible transition from Ukrainian kopiika to shah

NBU Governor comments on possible transition from Ukrainian kopiika to shah

The National Bank of Ukraine (NBU) will start preparations and discussions on the design of ‘shah’ coins after Parliament endorses a corresponding draft bill. The relevant statement was made by NBU Governor Andriy Pyshnyy in an exclusive commentary to Ukrinform. “After the decision is made, we will, of course, start preparations and discussions on the design of this coin. In fact, this initiative has influenced creative circles so deeply that they come to the National Bank on their own and propose their ideas. And we will be happy to consider them, but for this we must first endorse the idea…
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