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On 31 March, the IMF approved a new 4-year Extended Fund Facility (EFF) programme with a financing volume of USD 15.6 bn for Ukraine. This follows a series of shorter engagements with the Fund after the war broke out last year. Adopting a new multi-year programme for a coun­try subject to a full-scale invasion is … Continue reading The new IMF programme forUkraine

Report on recovery of Ukraine economy calls for more targeted assistance and greater cooperation among aid groups How do you rebuild a country ravaged by war? It’s not usually something the European Investment Bank has to do. But the EU bank’s big commitment to support Ukraine after the Russian invasion meant that the question had … Continue reading 5 ways to rebuild during a war

Ukraine’s ministry of economy speaks of first international investments in the country, and how the state helps businesses Ukraine's recovery is impossible without private investment, its top officials have said more than once. The primary responsibility for attracting investors in Ukraine rests with its ministry of economy. Or perhaps, more precisely, one man, deputy economy … Continue reading How Ukraine attracts international investment in Ukraine amid war with Russia, and what it goes for

The post-war reconstruction of Ukraine has drawn immense attention and a number of proposals have been put forward to outline a way forward. Contributions from CEPR, German Marshall Fund (GMF), CASE, CASE Ukraine and Anders Aslund and Andrius Kubilius (A&K), a collection of essays by CESifo, and several others have been released over the past months, each with a specific view or recommendations.  Given the … Continue reading Ukraine’s reconstruction: questions and common grounds

The town infamous for a massacre at hands of Russia has become a symbol of Ukraine’s reconstruction effort, but experts say the influx of money from the west will bring challenges in such a corrupt country by Lorenzo Tondo in Bucha Standing on the crumbling roof of a house, dozens of workers hammer in unison. Around them, … Continue reading ‘Rebuilding is part of our resistance’: how Ukraine is bringing Bucha back to life

And why there is little hope for explosive growth in foreign investment Every loan agreement between Ukraine and the International Monetary Fund (IMF) is accompanied by a memorandum. It is a document that describes in detail the economic realities of the debtor (which is Ukraine), as well as the obligations that our country has undertaken … Continue reading The ‘Marshall Plan’ is cancelled: How the IMF sees Ukraine’s post-war recovery