Section: Economy
Russia’s war caused damage to the cultural heritage of Ukraine in the amount of $2.6B, – UNESCO
The report of UNESCO informed that Russia’s full-scale war against Ukraine has caused an estimated $2.6 billion in damage to the country’s cultural heritage sites from February 2022 to February 2023. Source: UNESCO’S report “As of February 24, 2023, the total damage cost from identified assets is estimated at $2.6...
Japan imposed new sanctions against the Russian Federation: details
The Ministry of Economy, Trade and Industry of Japan informed on March 31, 2023, that the Japanese government introduced a new package of sanctions against the Russian Federation, which prohibits the export of components for the aviation and space industry, as well as materials and parts that can be used for the production of drones. Source: The...
Japan will provide Ukraine with $400M to restore critical infrastructure
The press service of the Ministry of Infrastructure of Ukraine reported on March 30, 2023, that Japan allocates $400 million for the reconstruction of Ukraine. Funds will be allocated within the framework of the Emergency Recovery Program aimed at critical infrastructure. Source: The press service of the Ministry of Infrastructure of Ukraine The...
USA transferred a grant of $1.25B to the budget of Ukraine
The Ministry of Finance of Ukraine informed on March 29, 2023, that the state budget of Ukraine received grant funds in the amount of 1.25 billion dollars from the United States, which will mainly be used for social payments. Source: The Ministry of Finance of Ukraine “The grant funding will be aimed at providing partial reimbursement of...
Ukraine has already exported more than 3M tons of grain to African countries
The press service of the Ministry of Agrarian Policy and Food of Ukraine reported on March 29, 2023, that Ukraine has exported more than 3 million tons of agricultural products to African countries since the beginning of the Grain from Ukraine initiative. Source: The press service of the Ministry of Agrarian Policy and Food of Ukraine “In...
Canada will provide Ukraine with a loan of almost $2B
The Government of Canada informed on March 29, 2023, that this year, Canada will provide Ukraine with 2.4 billion Canadian dollars (about 1.9 billion US dollars) in loans. Source: The Government of Canada “Budget 2023 provides Ukraine with an additional loan of $2.4 billion for 2023, which will be provided via the IMF Administered Account...
Ukraine has received $7B of aid from the USA and the EU in 2023
The Prime Minister of Ukraine Denys Shmyhal noted on March 28, 2023, that since the beginning of the year, Ukraine has received almost 5 billion dollars from the EU and more than 2 billion dollars from the USA. Source: The Prime Minister of Ukraine Denys Shmyhal “We have an agreement on a new program with the International Monetary Fund...
Russia’s war caused losses to the coal industry of Donetsk and Luhansk regions worth $300M
The Deputy Minister of Energy of Ukraine Yaroslav Demchenkov reported on March 22, 2023, that mines in Donetsk and Luhansk regions (east of Ukraine) cannot fully function due to Russian military aggression, losses from the actual loss of coal mining in this region may reach 300 million dollars. Source: The Deputy Minister of Energy of Ukraine...
Russia destroyed and damaged medical facilities in Ukraine worth $2.5B
The Ministry of Health of Ukraine reported on March 24, 2023, that according to the World Bank, Russian troops destroyed and damaged medical facilities in Ukraine for the total amount of 2.5 billion dollars. Source: The Ministry of Health of Ukraine “Since the first day of the war, Russia has been striking the medical infrastructure almost...
Russia caused $144B in damage to Ukraine’s infrastructure
The Kyiv School of Economics informed on March 22, 2023, that the total amount of damage caused to the infrastructure of Ukraine as a result of the full-scale invasion of Russia is 143.8 billion dollars. Source: The Kyiv School of Economics “As of February 2023, the total amount of damage caused to the infrastructure of Ukraine due to the...