International support remains strong
FDI has increased for the first time in three years by 7% compared to 2017, signaling an increase in investor interest. However, it is still far from the peak in 2012, following the outflow of investments in 2013 and 2014. International institutional support for Ukraine is likely to remain strong with increased multilateral lending and technical assistance for Ukraine this year from the IMF, USA, EBRD, and EU.
The head of the EU Delegation in Ukraine, Hugues Mingarelli, at the end of October 2018, said the European Union has provided Ukraine with approximately 10 Bn. EUR in the last four years. The total amount includes both grant aid and loans. On December 18, the IMF approved a new USD 3.9 Bn. program for Ukraine, which will allow it to receive additional foreign aid. At the end of October 2018, the board of directors of EBRD approved a new strategy for Ukraine that defines the priorities of the bank’s activities in the country for the next five years. Currently, there are over 1,500 programs of technical assistance registered with the Ministry of Economic Development and Trade of Ukraine for the total sum of USD 5.4 Bn.
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