• 13/07/2024 02:11

Ukraine will receive another $1.5 billion, the national debt has become smaller, the NBU is thinking of pegging the hryvnia to the euro: the main thing for March 27

The World Bank accepted the provision of $1.5 billion to Ukraine

Ukraine will receive another $1.5 billion, the national debt has become smaller, the NBU is thinking of pegging the hryvnia to the euro: the main thing for March 27

The Board of Directors of the World Bank approved a loan in support of the Development Policy Framework for Growth (DPL) in the amount of $1.5 billion. This is stated in a message from the Ministry of Finance. The funds will be provided under guarantees from the Japanese government through the World Bank Trust Fund (ADVANCE Ukraine) in the amount of $984 million and under a UK guarantee in the amount of $516 million.

Ukraine's state debt decreased by more than $1 billion over the month

The state and state-guaranteed debt of Ukraine as of February 29, 2024 amounted to 5 trillion 490.10 billion hryvnia or $143.69 billion.

The EU decided not to transfer profits from frozen Russian assets for 2022-2023 to Ukraine – media

The EU decided not to transfer to Ukraine the 5 billion euros of profits received from frozen Russian assets in 2022-2023. This amount will remain in the Euroclear securities depository as insurance in the event of legal claims by Russia.

The National Bank is considering the option of pegging the hryvnia to the euro instead of the dollar

The share of foreign exchange transactions in Ukraine is growing In Euro. The NBU assumes that in the near future the question will arise about pegging the hryvnia exchange rate to the euro instead of the dollar.

Default or new deferment: how can Ukraine negotiate on Eurobonds

“Ukraine

The authorities have four months left to agree on restructuring the debt on Eurobonds and defer the payment of $4.5 billion. In the conditions of a total state budget deficit and untimely receipt of external assistance, it is not possible to repay this debt, as the leadership of the National Bank regularly speaks about.

minfin.com.ua

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