Tag: Economy

Ukraine expects a harvest of 27 million tons of early crops in 2024, with significant export potential despite regional yield variations

The National Bank of Ukraine (NBU) has streamlined access for foreign investors to finance Ukraine’s reconstruction, enabling direct investment in marketable debt instruments.

In the first half of 2024, agro-food products constituted 64% of Ukraine’s total exports, highlighting the significant role of agriculture in the country’s economy

The Cabinet of Ministers has approved the terms for a $3.9 billion grant from the US, announced Prime Minister Denys Shmyhal

Ukraine and the EU have asked Azerbaijan to secure a new gas supply agreement following the expiration of its contract with Russia

From July 20, the Ministry of Economy launched interest-free loan programs for citizens to purchase and install solar panels and wind turbines

Ukrenergo announced that Ukraine will import electricity from Poland, Romania, Slovakia, Hungary, and Moldova on July 22

Under the “Ukraine Facility” program, the European Commission will disburse €4.2 billion to support Ukraine’s macro-financial stability and public administration

Key Details from Prime Minister Shmyhal

In July 2024, Euroclear will contribute €1.55 billion from frozen Russian assets to the European fund for Ukraine

The Ministry of Economy of Ukraine has announced the construction of a new industrial park in the Kyiv region, aimed at boosting economic growth and creating jobs

A global outage in IT systems has disrupted the operations of airlines, banks, and major media outlets across the world

The ratification of the free trade agreement (FTA) between Ukraine and Turkey is poised to rapidly increase bilateral trade turnover to $10 billion annually

UK Prime Minister Keir Starmer is hosting a significant meeting of the European Political Community (EPC) today, July 18, at Blenheim Palace in Oxfordshire

Japan is finalizing an agreement to allocate $3.3 billion to Ukraine, sourced from the income generated by frozen Russian assets

As of July 15, 2024, Ukrainian ports have successfully exported 57.55 million tons of cargo through the maritime corridor from Odesa, Pivdenny, and Chornomorsk

Representatives of the International Monetary Fund (IMF) have arrived in Kyiv to engage in discussions with the Ukrainian government

The Ukrainian government has approved the sale conditions for the state-owned United Mining and Chemical Company (OGHC) and the Ukraine Hotel

Significant Growth in Production and Export of Rolled Metal in 2024

Ukrainian Bank Recognized Among World’s Best Fintech Companies

The NATO Summit in Washington has already yielded significant announcements concerning support for Ukraine, particularly focusing on air defense and financial assistance

In the first five months of the year, Ukrainian banking institutions experienced significant financial success, achieving surplus profits

The United Nations, in collaboration with the Ukrainian government, has launched the Ukraine Community Recovery Fund (UCRF) to support the country’s reconstruction efforts, particularly focusing on mine action

Ukraine has formalized a significant financial agreement with the European Union, securing €5.27 billion in grant support over the next four years