Galushchenko discusses energy security with US Senate delegation
Energy Minister of Ukraine German Galushchenko discussed energy security at a meeting with a bipartisan delegation of the U.S. Senate on January 18.
Economy - Latest news
19 January 2022
18 January 2022
Minister Galushchenko: Ukraine's energy system works consistently
Ukraine's energy system works consistently and provides the required amount of electricity to consumers.
Local budgets’ revenues in 2022 projected at 437B
Revenues of local budgets in 2022 are projected at UAH 437 billion, an increase of UAH 87 billion compared to the previous year.
EU lifts restrictions on import of poultry products from Ukraine
On January 17, the European Union lifted restrictions on the import of poultry products from Ukraine, which were in force since December 2020 due to avian influenza.
Over 33,000 electric cars registered in Ukraine
More than 33,000 electric vehicles have been registered in Ukraine as of January 1, 2022.
PM Shmyhal looks forward to productive dialogue with Canada on expanding FTA
Prime Minister of Ukraine Denys Shmyhal met with Canada's Foreign Affairs Minister Mélanie Joly, noting he looked forward to a productive dialogue with Canada on expanding the free trade agreement.
17 January 2022
Germany plans to open hydrogen diplomacy bureau in Ukraine
Germany plans to open a hydrogen diplomacy bureau in Ukraine.
Coal reserves at Ukrainian TPPs, CHPPs exceed last year's – Rada committee chair
Coal reserves during the ongoing heating season for the first time exceeded last year's figures.
15 January 2022
Ukraine’s export of goods grows by 38 percent
In January-November 2021, compared to the same period in 2020, Ukraine’s imports of goods increased by 33.8% to $64.87 billion, exports – by 38.2% to $61.27 billion.
Ukraine, Azerbaijan intensifying cooperation in transportation and aviation
Ukraine and Azerbaijan agreed to intensify cooperation in the field of international road and rail transportation and aviation.
14 January 2022
Aliyev: Azerbaijan ready to cooperate with Ukraine in many areas
Azerbaijan is ready to cooperate with Ukraine in many areas, including food, energy, etc.
Ukraine–Azerbaijan trade hits record high over past seven years
In 2021, Ukraine–Azerbaijan trade turnover hit a record high of almost $1 billion for the first time over the past seven years.
Zelensky hopes Azerbaijani businesses will actively participate in privatization in Ukraine
Ukrainian President Volodymyr Zelensky has said he hopes that Azerbaijani businesses will actively participate in the privatization of state property in Ukraine.
Trade, land, energy: Ukraine, Azerbaijan sign bilateral documents
President of Ukraine Volodymyr Zelensky and President of the Republic of Azerbaijan Ilham Aliyev have signed a joint declaration which sets out the position of the two countries on many issues and challenges.
13 January 2022
Banks issued almost UAH 8B worth of mortgage loans in 11 months of 2021 - NBU survey
Ukrainian banks issued 9,700 mortgage loans worth UAH 7.9 billion in January-November 2021, according to another survey of banks on the volume of mortgage loans granted to the population.
Ukraine could sign FTA with Turkey in February – MP
Ukraine's free trade agreement with Turkey could be signed in February during Turkish President Recep Tayyip Erdogan's visit to Kyiv.
Zelensky signs law on localization of industrial production
President Zelensky signed the Law of Ukraine "On Amendments to the Law of Ukraine "On Public Procurement" to Create Preconditions for Sustainable Development and Modernization of Domestic Industry".
12 January 2022
Shmyhal: Energy independence is Government’s constant priority
The course towards Ukraine's energy independence is a constant priority of the Cabinet of Ministers and envisages, in particular, the integration of the country's energy markets into the markets of the European Union.
PM: Ukraine to sign trade agreements with several countries this year
In 2022, Ukraine plans to sign important trade agreements with several countries.
Cabinet plans to reduce national debt to 50.8% of GDP in 2022
The Government of Ukraine plans to reduce the national debt to 50.8% of GDP in 2022.
Infrastructure Ministry hopes for G7's assistance in liberalizing international road haulage
The Ministry of Infrastructure of Ukraine expects the G7 countries to assist in launching a negotiation process on the liberalization of international road haulage.
Pensions will continue to grow in Ukraine in 2022 - Shmyhal
Pension payments will continue to grow in Ukraine in 2022, Prime Minister Denys Shmyhal has said.
World Bank improves forecast for Ukraine's GDP growth
The World Bank has improved its forecast for the growth of Ukraine's gross domestic product in 2022 and 2023.
Naftogaz paid UAH 116B in taxes last year
In 2021, NJSC Naftogaz of Ukraine paid UAH 116 billion in taxes and fees, up 12.6% compared to 2020.
11 January 2022
Ukraine’s apple exports to Ethiopia grows more than six-fold
In 2021, Ukraine’s fresh apple exports to Ethiopia increased more than six-fold and reached 222 tonnes.
Stable accumulation of coal observed for second month in row - minister
For the second consecutive month, Ukraine is seeing a growth of coal reserves in the warehouses of thermal power plants and combined heating power plants.
Industrial park with five production facilities to be set up in Kharkiv region
An industrial park with five chemical industry facilities and a waste sorting line will be set up in Kharkiv region.
Ukraine seeks to launch eight satellites into orbit by 2025
The National Targeted Scientific and Technical Space Program for 2021-2025 has been drafted to launch eight Ukrainian satellites into Earth orbit.
10 January 2022
Economy Ministry outlines Ukraine’s major exports in 2021
In 2021, Ukraine’s major exports were metallurgical and agricultural products.
Ukrhydroenergo pays UAH 6.8B in taxes in 2021
In 2021, PJSC Ukrhydroenergo paid UAH 6.8 billion in taxes, fees, and other obligatory payments to the budgets of all levels.