Germany’s agri minister pays visit to Ukraine
Minister of Agriculture of the Federal Republic of Germany Cem Özdemir arrived on a visit to Odesa, where he vowed continued support to Ukraine.
Economy - Latest news
05 October 2023
Ukraine's GDP to grow by 3.5% this year - World Bank
The World Bank says that despite the Russian invasion, Ukraine's economy is showing signs of moderate recovery due to more reliable electricity supplies and steady receipt of aid from Western powers. This year, GDP is expected to grow by 3.5%.
Japan joins restoration of Ukrainian agriculture
Ukraine and Japan will set up a working group to develop a strategy for the restoration of Ukrainian agriculture.
Pandemic, Russian aggression against Ukraine: European auditors identify budget risks for EU
The European Court of Auditors has identified budget risks associated with the use of the spending part of the EU budget in 2022.
Ukraine receives two autotransformers to ensure power supply for 500,000 consumers
The United Nations Development Program and Japan have purchased and handed over two high-voltage autotransformers to Ukraine's National Power Company Ukrenergo.
Blinken: U.S., Europe preparing legal framework for forwarding seized Russian assets to Ukraine
The United States is working with European allies and partners to create the necessary legal framework for the use of confiscated Russian assets for Ukrainian reconstruction projects.
Total damage to Ukraine’s infrastructure exceeds $151B – KSE
As of September 1, 2023, the total documented direct damage caused by Russian armed aggression to Ukraine’s infrastructure increased by $700 million compared to June 2023.
Ukraine could be entitled to EUR 186B after accession to EU - Financial Times
Ukraine's accession to the EU would entitle Kyiv to about EUR 186 billion over seven years, according to internal estimates of the union's common budget.
04 October 2023
IAEA confirms transition of ZNPP’s unit 4 to hot shutdown
The International Atomic Energy Agency (IAEA) confirmed that unit 4 of the Zaporizhzhia Nuclear Power Plant, temporarily seized by the Russians, was put in hot shutdown.
IMF predicts Ukrainian economy will continue to grow next year
The International Monetary Fund predicts that the Ukrainian economy will continue to grow in 2024.
France provides more than EUR 600,000 of power equipment to Ukraine
Ukrenergo National Power Company has received more than EUR 600,000 worth of power equipment from French companies and organizations since the Russian invasion started.
Russians put ZNPP’s unit 4 in "hot shutdown" state - Energoatom
At the temporarily occupied Zaporizhzhia Nuclear Power Plant (ZNPP), Russians switched power unit 4 from a "cold shutdown" to a "hot shutdown" state.
IMF reopens its office in Ukraine
The International Monetary Fund has resumed the work of its Resident Representative Office in Kyiv.
State borrowings to budget exceed UAH 1.2 trillion since year-start
Government borrowings to the state budget’s general fund came to UAH 1.2 trillion in January-September 2023.
EBRD notes importance of continuous support for Ukraine
A sustained high level of support for Ukraine is a key challenge ahead, the European Bank for Reconstruction and Development(EBRD) said on Monday, October 2, after further military funding was excluded from a U.S. congressional budget deal.
03 October 2023
Lithuania opens corridor for Ukrainian grain transit
Lithuania has agreed on a corridor for Ukrainian grain transit to Baltic ports.
Chernihiv region 99% prepared for winter - Chaus
The Chernihiv region is 99% prepared for winter.
European Parliament supports €50B Ukraine Fund
The European Parliament (EP) by a majority vote adopted a resolution in support of the European Commission's (EC) proposals to revise the EU's 2021-2027 multiannual budget, which, in particular, include provisions for the establishment of a special EUR 50 billion Ukraine Fund to provide financial support to Ukraine during the war and for its post-war recovery.
Minister Marchenko meets with IMF mission leadership in Ukraine
Minister of Finance of Ukraine Serhiy Marchenko discussed the implementation of a four-year arrangement under the Extended Fund Facility (EFF) with the leadership of the International Monetary Fund mission in Ukraine.
02 October 2023
Italy will assume patronage over reconstruction of Odesa and Odesa region – PM Shmyhal
Italy will assume patronage over the reconstruction of Odesa city and Odesa region.
EU may approve EUR 5B in military aid for Ukraine this year - Borrell
The European Union continues to provide Ukraine with military aid, including weapons, ammunition and military equipment, as well as training for military personnel, and may agree to allocate this year the first EUR 5 billion under the European Peace Facility for the next year.
Zelensky, von der Leyen discuss grain exports
Ukrainian President Volodymyr Zelensky and European Commission President Ursula von der Leyen have discussed Ukrainian grain exports and support for Ukraine.
Sanctions against Russia: Ukraine calls on EU to start substantive work on 12th package
At a meeting of the EU Foreign Affairs Council in Kyiv, Ukraine has called on the EU to start substantive work on the 12th package of sanctions against Russia.
Shmyhal discusses implementation of $15.6B arrangement with IMF team
Prime Minister of Ukraine Denys Shmyhal and representatives of the International Monetary Fund (IMF) mission discussed the steps that must be taken to implement a $15.6 billion four-year arrangement under the Extended Fund Facility (EFF).
Microsoft not to extend licenses to Russian companies
Since September 30, Microsoft Corporation has ceased license extension to Russian companies.
Morawiecki: Polish government will protect Polish farmers from 'Ukrainian agro-oligarchs'
The Polish government will protect local farmers from "Ukrainian agro-oligarchs."
Heating season, fortifications: Shmyhal meets with Donetsk region leadership
During his working trip to Donetsk region, Prime Minister of Ukraine Denys Shmyhal held a meeting with the leadership of the local regional military administration.
Critical infrastructure of Kherson region equipped with powerful generators – Administration
All critical infrastructure enterprises in the de-occupied territory of Kherson region are equipped with powerful generators in case of blackout.
01 October 2023
U.S. budget situation will not affect Ukraine aid delivery – Ukrainian Foreign Ministry
The situation with an interim U.S. budget will not stop the flow of previously agreed aid for Ukraine, and the Ukrainian authorities are working with U.S. partners on new aid funds.
IMF delegation starts meetings with Ukrainian authorities in Kyiv
The team of the International Monetary Fund, led by Deputy Director of the IMF’s European Department Uma Ramakrishnan, begins holding meetings with representatives of the Ukrainian authorities and other key partners in Kyiv on Sunday.