UkrInform
Ukraine and world news. Ukrinform brings the latest news, daily news, political news, business news, social news, cultural news, sports news, international news
U.S. corporation to allocate $250M to support Ukrainian business – PM Shmyhal
The U.S. International Development Finance Corporation (DFC) will allocate $250 million to support Ukrainian small and medium-sized businesses in 2023.
Prime Minister of Ukraine Denys Shmyhal wrote this on Telegram, Ukrinform reports.
"The U.S. International Development Finance Corporation (DFC) is willing to support Ukrainian business," the Prime Minister wrote.
According to him, DFC CEO Scott Nathan said at a meeting that the corporation would attract $250 million this year to help finance small and medium-sized business support programs.
Read also: Shmyhal outlines five Ukraine’s reconstruction priorities
In total, DFC announced plans to raise up to $1 billion to support the Ukrainian economy, Shmyhal added.
"We discussed instruments for attracting investments. Separately, we touched upon the issue of launching a stock market in Ukraine. We also jointly opened an event at the American Chamber of Commerce and Industry, where we focused in more detail on areas of business and economy support," he noted.
Shmyhal added that he appreciates DFC's willingness to provide financing to Ukrainian companies, and emphasized that becoming part of Ukraine's recovery today is the most powerful investment in the future.
As reported, the Ukrainian Ministry of Economy announced that the European Bank for Reconstruction and Development (EBRD) is preparing a $3 billion program for Ukraine, and the International Financial Corporation – a $2 billion program.
Photo: Government portal
iy
Russia-Iran partnership taking on features of military alliance - Yermak.
The partnership between Russia and Iran is taking on the features of a military alliance, so the world should develop an action plan based on the Ukrainian Peace Formula.
Ukrainian president visits command post near Chasiv Yar.
Ukrainian President Volodymyr Zelensky has visited a command post of the 41st Mechanized Brigade defending the town of Chasiv Yar in Ukraine's eastern Donetsk region.
Ukrainian forces repel four attacks in Orikhiv sector, 11 assaults in Kherson region.
Ukrainian defenders have repelled four attacks by Russian invaders in the Orikhiv sector and 11 assaults on the left bank of the Dnipro River in the Kherson region.
Kuleba says G7 identified 'specific steps' to help Ukraine.
Foreign ministers from the Group of Seven (G7) major democracies have identified "specific steps" needed to help Ukraine fight Russia.
Zelensky inspects construction of fortifications in Donetsk region.
Ukrainian President Volodymyr Zelensky has held a meeting on the security situation and inspected the construction of fortifications as part of a working trip to the eastern Donetsk region.
Cat rescued from Dubai floodwaters amid historic weather event.
A cat clinging to a car's door handle while submerged in Dubai's floodwaters was rescued as the United Arab Emirates was swamped with its heaviest rain ever recorded. The state-run WAM news agency called the deluge a "historic weather event." CBS ...
Valedictorian speaks out after USC cancels graduation speech.
A controversial decision by leaders at the University of Southern California relates to the debate raging on many U.S. campuses over the war in Gaza. The school says it's canceling a planned graduation speech by its valedictorian, Asna Tabassum, d...
Major bank accused of discriminating against conservatives.
Indiana Attorney General Todd Rokita and Timothy Two Project International founder Steve Curtis joined 'Fox & Friends First' to discuss the bombshell allegations and how the bank has responded to the accusations. #FoxNews Subscribe to Fox News! Wa...
Iranian nuclear site strike ‘on the table’ - Ex-Mossad Intelligence chief.
Sky’s Yalda Hakim sat down with Zohar Palti, the former director of intelligence at Mossad, to discuss the response to Iran’s direct attack on Israel over the weekend. Palti said ‘everything is on the table’ including targeting Iran’s nuclear site...
Speaker Johnson under pressure over support of foreign aid packages.
House Speaker Mike Johnson is pushing ahead with his plan to divide a $95 billion bipartisan package into four separate bills. Subscribe to ABC News on YouTube: Watch 24/7 coverage of breaking news and live events on ABC News Live: Watch full epis...
Watch live: Senate Homeland Security and Government Affairs hold hearing on Boeing safety concerns.
SUBSCRIBE to our YouTube channel for more videos: Follow us on Twitter: Like us on Facebook: Follow us on Instagram: Follow us on TikTok: For more content go to and download our apps: Apple Android Sky News Daily podcast is available for free here...