Ukraine Recovery Digest

04.03.2024

 

For your attention is a review of media, normative acts, and statements on the recovery of Ukraine for February 26 -  March 03, 2024, prepared by the Reforms Delivery Office of the Cabinet of Ministers of Ukraine.

 

THE MAIN NEWS

The European Parliament approved the Ukraine Facility with EUR 39 billion of budget support for 2024-2027. 

Government is to approve the Plan for Ukraine Facility in March, says Yuliia Svyrydenko. 

Biden seeks plan to tap Russian assets for Ukraine by G-7 summit - Bloomberg. 

The European Central Bank, France and Germany express the greatest caution regarding the confiscation of frozen russian assets – Bloomberg. 

Ukraine’s foreign minister: Russia must pay for the damage it’s done. 

Ukraine receives USD 760 million grant from Japan and Norway through World Bank’s PEACE project. 

The Cabinet of Ministers approved the Agreement between the Government of Ukraine and the European Commission on the Reform and Recovery Support Program. 

Prime Minister: Government plans to use five instruments to help domestic producers. 

OECD will help with benchmarking of investment incentives according to global best practices - Volodymyr Kuzio. 

A meeting of the Coordinating Council on implementation of the "Open Government" Initiative in Ukraine takes place.

Implementation of the "Made in Ukraine" policy will ensure at least 1% additional GDP growth in 2024 - Yuliia Svyrydenko. 

The Belgian state agency «ENABEL» is initiating systematic cooperation with Ukraine in the field of recovery.

Restoration of Ukraine. Kyivstar will rebuild digital infrastructure with Rakuten Group.

1 million euros: 100 Ukrainian enterprises can receive grants from the EU and Germany.

EXPERT OPINION

Oleksandra Betliy, Institute for Economic Research and Policy Consulting; Vitaliy Nabok, Institute of Analytics and Advocacy; Alyona Korogod, DiXi Group; Maria Repko, Centre of Economic Strategy: Ukraine Facility: How EU plans to fund Ukraine's needs and what are the conditions for that? - European pravda 

Iryna Mudra, Deputy Minister of Justice:Frozen assets of the Russian Federation in the EU: will Ukraine be able to receive the funds. Why is the EU delaying the transfer of frozen russian assets to Ukraine and what are the risks?  - Economichna pravda

Heidi Hautala, politician, Member of the European Parliament from Finland; Virginijus Sinkevicius, politician, European Commissioner; Margot Wallström, politician of the Swedish Social Democratic Party: Green recovery in Ukraine is a strategic imperative for the EU - The Kyiv Independent

 

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