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World Bank launches new partnership strategy for Ukraine
17.02.2012 12:43 "Agro Perspectiva" (Kyiv) —
The World Bank’s Board of Executive Directors discussed on February 16 a new Country Partnership Strategy (CPS) for Ukraine covering the period of 2012–2016. The Strategy proposes an investment lending program in the range of US$ 500 million per annum. The International Finance Corporation (IFC) is expected to lend additional funds of up to US$ 400 million annually. The CPS also includes analytical and advisory services, and technical assistance, ForUm learned from the WB press office.
«The CPS will support the President’s Economic Reform Program for 2010–2014,» said Qimiao Fan, Country Director for Ukraine, Belarus, and Moldova. «This Program sets an ambitious reform agenda to improve Ukraine’s global competitiveness and meet the expectations of the Ukrainian people. The new strategy aims to assist Ukraine in overcoming implementation bottlenecks that have affected successive reform programs in the past, by strengthening institutions, improving public governance, and supporting a more participatory reform process.»
The new strategy builds on 20 years of co-operation between Ukraine and the World Bank. Since Ukraine’s independence, progress in economic and social reforms has lagged behind targets and social aspirations. The World Bank Group will assist the government to overcome constraints that prevent the country from reaching its full economic potential. The new CPS aims to demonstrate how open public dialogue in reform formulation, accountability in implementation of policies, and transparency in the monitoring of their impact can yield better development results.
It is noted that the World Bank Group’s assistance will be concentrated in two areas: improving public services and public finances, as well as improving the business climate to unlock Ukraine’s economic potential.
According to the press office, the Bank’s efforts will be targeted at achieving improvements in: (i) responsible and sustainable fiscal management; (ii) efficiency of service delivery in health and education and better targeted social assistance spending; and (iii) provision of municipal services (water, sanitation, heating). The World Bank Group will finance investments in public sector infrastructure, work on setting up improved monitoring mechanisms and strengthening governance of public service providers, while supporting intensified dialogue between the government and civil society in key policy areas such as health care reform, water supply, district heating, and public procurement.
Furthermore, the Bank program will build on strong analytical work, with a focus on consultation and consensus building by working closely with a variety of government and non-government stakeholders at both the central and municipal level. Advisory services will target key policy areas such as fiscal, tax, and public financial management; agriculture, land, and business regulations, public enterprise governance; the financial sector, energy efficiency, and governance; and social reforms.
19.02.2025 |
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10:43 |
“Bold investments” needed to address challenging nutritional burden in Africa, FAO says |
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07:13 |
Green Climate Fund greenlights two major FAO-led projects to strengthen climate resilience in Kenya and Serbia |
12.02.2025 |
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10:01 |
China Corn Imports Fall on Weaker Domestic Demand |
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09:06 |
China’s Imported Oilseed Meal Supplies Shift Slightly to Mid-Protein Meals |
08.02.2025 |
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18:20 |
Cereal stocks set to decline in 2024/25 due to anticipated reductions in wheat and maize inventories |
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18:00 |
FAO Food Price index declined in January 2025, mostly due to lower sugar, vegetable oil and meat prices |
06.02.2025 |
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16:28 |
Ukraine considers SCZone site for food hub in Egypt – ministry |
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16:16 |
Since the beginning of 2025, 549 agricultural enterprises have received UAH 2.3 billion under the Affordable Loans at 5-7-9 programme published |
03.02.2025 |
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23:55 |
Ukraine's Ministry of Agrarian policy allocates sugar export quotas to EU |
31.01.2025 |
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17:20 |
Global orange production for 2024/25 is forecast down 662,000 tons to 45.2 MT |
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17:15 |
Argentina Lemon/Lime Exports Continue to Decline |
24.01.2025 |
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16:38 |
Ukraine’s agricultural sector earned $24.5 bln in 2024, setting second historical record |
23.01.2025 |
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15:46 |
Eurobarometer survey shows strong support for the Common Agricultural Policy (CAP) |
22.01.2025 |
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20:54 |
Since the beginning of 2025, 117 agricultural enterprises have received UAH 318.7 million under the Affordable Loans at 5-7-9 programme |
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20:43 |
Ukrainian agricultural land needs to be cleared and returned to circulation as soon as possible |
21.01.2025 |
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21:45 |
A groundbreaking new study, “Governance and resilience as entry points for transforming food systems in the countdown to 2030”. Key Findings |
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21:37 |
Nitrogen use efficiency must be improved to reduce harm to human and environmental health |
11.01.2025 |
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11:16 |
Russia Grain Export Quota to Curb Wheat Exports in 2025 |
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09:12 |
Iraq Emerges as a Soybean Importer |
08.01.2025 |
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22:13 |
FAO Food Price Index dips during the month of December |
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18:49 |
FAO calls for urgent action to address widening famine in Sudan |
22.12.2024 |
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05:26 |
FAO transfers 185 generators, 6,474 grain hoses to Ukrainian farmers in 2024 |
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03:53 |
The EU agri-food trade surplus increased by 15% in September 2024, reaching EUR 6 billion |
19.12.2024 |
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09:05 |
World coffee production for 2024/25 is forecast 6.9 million bags higher |
18.12.2024 |
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23:11 |
China’s Expanding Coffee Consumption |
17.12.2024 |
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22:37 |
Bangladesh Soybean Import Recovery Expected to Continue |
14.12.2024 |
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21:03 |
World apple production for 2024/25 is forecast to fall nearly 350,000 tons to 84.0 million |
13.12.2024 |
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09:11 |
U.S. Fresh Pear Exports Fall on Historically Low Harvest |
10.12.2024 |
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21:03 |
Indonesia Grain Imports to Subside after 2023/24 Record |
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08:14 |
Higher vegetable oil quotations drive up FAO Food Price Index, but lower cereal and sugar prices temper the rise |
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07:45 |
Cereal trade revised downwards amid weaker demand |
02.12.2024 |
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23:17 |
Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition |
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22:56 |
Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative |
01.12.2024 |
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03:30 |
EU agri-food trade slowed down in August 2024 |
26.11.2024 |
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00:06 |
Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million |
24.11.2024 |
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04:43 |
During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy |
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04:15 |
Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President |
22.11.2024 |
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10:15 |
South Africa Sugar Production and Exports Estimated Down |
19.11.2024 |
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23:04 |
Global Olive Oil Production Forecast to Rebound in 2024/25 |
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22:47 |
Vitalii Koval discusses Ukraine's European integration with European colleagues |
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16:06 |
EBRD, European Union and United States help Kyiv prepare for winter |
18.11.2024 |
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09:21 |
Agriculture Development Strategy 2030 – a roadmap to the EU |
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09:19 |
Ukrainian farmers have sown 96% of projected winter crop area |
01.11.2024 |
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20:31 |
Ukraine has officially joined the International Fund for Agricultural Development |
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20:29 |
Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds |
25.10.2024 |
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22:50 |
Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses |
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21:04 |
Ministry of Agrarian Policy expects exports to rise in dollar terms |
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10:57 |
Ukrainian corn seed flows to Europe in further farm trade shift |
24.10.2024 |
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23:02 |
Tree Nut Import Markets Highly Concentrated |
23.10.2024 |
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11:18 |
Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea |
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