Pororshenko: Ukraine has established the Donbas Reconstruction Fund
Ukrainian President Petro Poroshenko stated that a special fund for the restoration of the Donbas will be established in Ukraine and financed through budgetary funds and international assistance, his press service reported.
"Work is continuing on a special fund which will be directed for the restoration of the Donbas,” the President stated.
According to Poroshenko, the fund will be formed using the state budget of Ukraine and donor assistance of partner countries and international financial …
Tuka: Ukraine began building a wall along the border with Russia
George Tuka, the Deputy Minister for the Temporarily Occupied Territories and Internally Displaced Persons, reported that the Ukrainian authorities are preparing to build a wall between the Luhansk region and Russia. According to him, construction of the wall has already started. Geologists and surveyors are hard at work on the Russian-Ukrainian border.
“The brigades of geologists and surveyors have already arrived. The works on the study of soil and preparatory works for technical assignment …
US Armed Services Committee supports proposal to supply Ukraine with weapons
American Senators proposed to allocate $500 million for assistance to Ukraine, including allocation of funds on lethal weapons.
According to the information released on the website of the Chairman of the Senate Armed Services Committee, John McCain, the U.S. Senate proposes to provide $500 million for assistance to Ukraine, including allocation of funds for lethal weapons in the draft budget for 2017. On the 13th of May, Senators announced the completion of work on the draft budget of the U.S. …
Ukrainian Finance Minister: Ukraine and the IMF will sign a new memorandum on cooperation in the coming weeks
Ukraine and the International Monetary Fund may sign an updated memorandum of cooperation in the coming weeks, according to Finance Minister Olexander Danylyuk, Interfax-Ukraine reported.
“Now that a new government is appointed… the agreement on a new memorandum will come in a matter of weeks,” Danylyuk said in an interview which was published on the Ministry’s website.
According to the newly-appointed Finance Minister, the break in cooperation with the IMF was due to the political …
Ukrainian Defense Ministry: The military will meet international standards by 2020
The Armed Forces of Ukraine will be brought up to international standards by the end of 2020, Deputy Defense Minister Alexander Dublyan stated at a briefing on Friday, May 13th, RBC-Ukraine reported.
“By the end of 2020, the reform and transition of the Armed Forces of Ukraine to international standards will be completed,” Dublyan stated.
He also noted that the Ministry of Defense is preparing a reform to be brought up to Euro-Atlantic standards.Ukraine was recently invited to attend the NATO …