KYIV, Oct 22 - South Korea warned Tuesday it could consider supplying weapons to Ukraine in response to North Korea allegedly dispatching troops to Russia, as both North Korea and Russia denied the movements. NATO’s secretary general said that would mark a “significant escalation.”
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WASHINGTON, Oct 22 – The International Monetary Fund (IMF) expects Ukraine's current account deficit to widen from 5.4% of GDP in 2023 to 8.1% and 14.3% of GDP in 2024 and 2025, respectively, according to the updated World Economic Outlook (WEO) released on Tuesday.
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KYIV, Oct 22 – Ukraine's real Gross Domestic Product (GDP) grew by 2.1% in the third quarter of 2024 compared to the same period in 2023, according to an estimate by the Institute of Economic Research and Policy Consulting (IER).
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BRUSSELS, Oct 22 – The European Parliament supported the European Commission proposal to provide Ukraine with an exceptional loan of up to EUR 35 billion as a contribution to the initiatives of the G7 countries, with subsequent repayment at the expense of unexpected revenues from frozen Russian assets.
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KYIV, Oct 22 – The Cabinet of Ministers will allocate additional funds for the restoration of Odesa ports, according to Deputy Prime Minister for Recovery and Minister for Communities, Territories, and Infrastructure Development Oleksiy Kuleba during a working visit to Odesa region.
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KYIV, Oct 22 – First Deputy Prime Minister - Minister of Economy of Ukraine Yulia Svyrydenko and Ambassador of the French Republic to Ukraine Gael Veyssiere signed a grant agreement to assist in the restoration and support of critical infrastructure and priority sectors of the Ukrainian economy for a total of EUR 200 million.
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KYIV, Oct 21 - Secretary of Defense Lloyd Austin arrived in Kyiv early Monday morning, as the future of US aid to Ukraine hangs in the balance of the imminent US presidential election and as Russia continues to make small but steady gains on the battlefield.
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KYIV, Oct 21 – A former director of the Central Intelligence Agency has said that the Biden administration's latest package in support of Ukraine is not enough to prevent Vladimir Putin from making advances.
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KYIV, Oct 21 – The Danish government has prepared the 21st military aid package to Ukraine worth over EUR 320 million, which will include the delivery of weapons from warehouses and their order from international manufacturers, the country's Defence Ministry reported.
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KYIV, Oct 21 – The electricity production deficit for Ukraine during the upcoming heating season is estimated at 3-4 GW, with downside risks prevailing due to continued Russian attacks on energy facilities. However, plans are underway to mitigate the shortfall, according to the Memorandum of Economic and Financial Policies related to the fifth review of the Extended Fund Facility (EFF) with the International Monetary Fund (IMF).
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