ADVERTISEMENT

Ukraine to borrow $2-3 bln internationally over 5 years

World

Ukraine plans over the next five years to borrow $2.5 billion - $3 billion from international financial institutions annually, the Economy Ministry said.

Several projects with international financial institutions are in the planning stations, including 16 projects involving the country’s biggest creditors - the International Bank for Reconstruction and Development and European Bank for Reconstruction and Development for $2.2 billion.

Ukraine has received $4.41 billion from the International Monetary Fund, $4.5 billion from the International Bank for Reconstruction and Development, and $667 million from the International Finance Corporation since it began working with these organizations. The EBRD has invested about €2.8 billion ($3.8 billion) in Ukraine and the Black Sea Bank for Trade and Development has invested about $100 million. (ukrainianjournal.com)

ADVERTISEMENT

Czech economic confidence weakens in October Analysis

Czech economic confidence weakens in October

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.