Finance ministry reveals Ukraine's expenditures on security, defense sector over two months
In January-February 2025, a total of UAH 336.6 billion was directed from Ukraine’s state budget general fund to finance the security and defense sector.
Economy - Latest news
26 March 2025
Parliament supports creation of postal bank in Ukraine
The Verkhovna Rada of Ukraine has endorsed in the first reading draft bill No. 13018-d, creating a new type of bank in Ukraine, i.e. a financial inclusion bank.
25 March 2025
Galushchenko talks Ukraine's energy security with British Ambassador
Energy Minister German Galushchenko discussed with British Ambassador to Ukraine Martin Harris areas of cooperation to strengthen the protection of Ukrainian energy facilities.
U.S. to help Russia restore access to global grain and fertilizer markets – White House
The United States has pledged to help Russia regain access to the global market for agricultural products and fertilizers.
Denmark slating EUR 130M in guarantees for investments in Ukrainian defense industry - Vice PM
Denmark will provide EUR 130 million in state guarantees for its companies that would be ready to invest in the Ukrainian defense industrial complex.
24 March 2025
Gazprom’s forex reserves down by over 98% on year – Ukraine officials
Foreign exchange reserves of Russia’s energy giant Gazprom HQ plunged in 2024 by a staggering 98.5% against the previous year.
Institute of Bast Crops expects industrial hemp plantations to expand in Ukraine
In 2025, Ukraine’s industrial hemp plantations may expand to 4.5 thousand hectares.
22 March 2025
Netherlands pledges EUR 65M to Ukraine Energy Support Fund
The Dutch government has committed EUR 65 million to the Ukraine Energy Support Fund to assist in critical infrastructure repairs and preparation for the upcoming heating season.
Farmers sow a third of early spring grains and legumes in Vinnytsia region
Farmers in the Vinnytsia region have sown a third of the area allocated for early spring grains and legumes.
Ukraine and Poland set to expand agricultural trade
Poland has a strong demand for organic products, protein feed, rapeseed, and soybean meal, creating opportunities for Ukrainian agricultural producers to expand supplies.
21 March 2025
NABU: Ukraine risks losing UAH 1.6B due to Naftogaz inaction
The Specialized Anti-Corruption Prosecutor’s Office (SAPO) and the National Anti-Corruption Bureau of Ukraine (NABU) have urged the acting head of Naftogaz to take a responsible approach to prevent the loss of UAH 1.6 billion that could be recovered from abroad.
Ukrainian PM, Czech president discuss defense cooperation
Ukrainian Prime Minister Denys Shmyhal and Czech President Petr Pavel, who is on an official visit to Kyiv, have discussed economic cooperation and defense-industrial collaboration.
U.S. willing to lead Ukraine nuclear plant – energy secretary
The United States is ready to take over the management of a nuclear power plant in Ukraine if the political decision is made to do so.
Trump confirms intention to sign minerals deal with Ukraine
On Thursday, US President Donald Trump confirmed his intention to conclude an agreement with Ukraine on the joint development of rare earth minerals.
Ukraine imports seeds mostly from EU and USA in 2024
In 2024, Ukraine’s seed imports were primarily sourced from the European Union, with hybrid corn comprising the largest share and rapeseed purchases showing notable growth.
20 March 2025
EU-US tariff war could lead to 7% fall of global GDP - EU commissioner
Escalation around mutual trade tariffs between the United States and the European Union is of no benefit to either side.
Economy, European integration on agenda of PM's meeting with EU Commissioner
Prime Minister Denys Shmyhal and EU Commissioner for Economic and Monetary Affairs Valdis Dombrovskis discussed at their meeting in Kyiv on March 20 Ukraine’s European integration and continued sanctions policy against Russia.
EU exploring ways to plug gaps in Ukraine financing following USAID assistance cuts - Dombrovskis
In the wake of termination of humanitarian and other types of assistance earlier run by USAID, the EU is looking into the need to cover financing gaps for projects in Ukraine.
Customs office reveals volume of imported drones, spare parts
During the first two months of 2025, drones worth a total of $232.3 million and components for them worth $43.4 million were imported into Ukraine.
Ukraine and Denmark discuss financing and speed of defense production
Deputy Defense Minister Serhiy Boyev and the team of the Ministry of Defense of Ukraine presented proposals to the Danish delegation to direct funds to the Ukrainian defense industry.
European Commission transfers EUR 1B to Ukraine under G7 loan
The European Commission announced today that it has disbursed €1 billion under its part of the G7 loan to Ukraine, to be repaid with proceeds from immobilized Russian assets.
State budget general fund expenditures reach UAH 324.1B in February – Finance Ministry
In February 2025, expenditures from the general fund of Ukraine’s state budget totaled UAH 324.1 billion. Combined with January’s expenditures, the total for the first two months reached UAH 538.2 billion, which is 26.7% more than the same period last year.
19 March 2025
EBRD Nuclear Safety Department Director sees damaged Shelter arch at Chornobyl NPP
Minister of Environmental Protection and Natural Resources Svitlana Hrynchuk showed the Shelter arch at the Chornobyl nuclear power plant, recently damaged by a Russian drone, to the chief of the nuclear safety department at the European Bank for Reconstruction and Development.
Ukraine officials talk cooperation with Czech defense industry
Minister for Strategic Industries Herman Smetanin and Advisor to the President on Strategic Issues Oleksandr Kamyshin held a series of meetings with the leadership of Czech defense companies, agreeing to expand partnership in the production of defense goods.
Ukraine to strengthen energy cooperation with Netherlands and Denmark
Ukraine is discussing with the Netherlands the potential use of its domestic gas storage facilities to support the energy needs of EU Member States, while also collaborating with Denmark on projects to rebuild damaged energy infrastructure.
18 March 2025
Zelensky: Black Sea Corridor to operate whether Russia wants it or not
President Volodymyr Zelensky said the Black Sea Maritime Corridor would work regardless of whether Russia wants it or not.
Mykolaiv region’s administration shares details on winter crop conditions
In the Mykolaiv region, 90% of winter crops successfully endured the winter, while 10% are reported to be in a weakened or thinned condition.
17 March 2025
Ukraine completes 13 steps to get EUR 3.5B tranche from EU
The main purpose of the third tranche, worth EUR 3.5 billion, under the Ukraine Facility, approved by the EU Council today, is to support macro-financial stability. In order to secure this money, Ukraine has taken 13 steps in reforms and transformations.
EU Council approves EUR 3.5B in aid for Ukraine – Shmyhal
The Council of the European Union has approved the allocation of EUR 3.5 billion to Ukraine under the Ukraine Facility program.
Finance Ministry denies tax increases for sole proprietors
The Ministry of Finance of Ukraine has denied false information regarding plans to increase taxes for sole proprietors.