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.
Economy - Latest news
20 March 2025
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.
16 March 2025
Power supply restrictions for industry, business on Mon
In Ukraine, a restriction on electricity capacity for industry and business is scheduled for March 17.
15 March 2025
Tax Service reveals amount of military tax revenues since start of year
Ukrainian taxpayers transferred a total of UAH 51.2 billion in military tax to the budget in 2024. In just the first two months of 2025, they have already paid UAH 22.1 billion.
Fund managers fail to submit 13.5% of budget programs on time - Hetmantsev
Out of 453 budget programs, 13.5% were not submitted by fund managers to the Ministry of Finance for approval within the established deadline. Additionally, 27% of the submitted programs were rejected due to not meeting the required standards.
14 March 2025
PM Shmyhal meets Austrian FM to discuss economy, EU integration
Ukrainian Prime Minister Denys Shmyhal held a productive meeting with Austrian Federal Minister for European and International Affairs Beate Meinl-Reisinger to discuss economic cooperation and Ukraine's path toward European integration.
Ukraine needs to import 2.5 bcm of gas to prepare for winter – expert
To prepare for the heating season, Ukraine will need to import 2.5-3 billion cubic meters of natural gas if gas production resumes.
Naftogaz chief: Situation difficult but controlled after 17 Russian combined attacks
Russian attacks have severely damaged the production facilities of Naftogaz Group, but specialists are doing everything possible to ensure the gas supply to consumers.
Prominvestbank's money seized in U.S. to be returned to Ukraine
The Deposit Guarantee Fund has proven in the U.S. Court of Appeals that over EUR 36.6 million and over $2 million, seized in the accounts of PJSC Prominvestbank, belong to Ukraine.
Naftogaz Group pays UAH 5.8B in taxes in February
In February 2025, Naftogaz Group transferred UAH 5.8 billion in taxes to the state and local budgets, which is 9.4% more compared to February 2024.
About 20% of cargo in Ukraine inspected by private phytosanitary laboratories - Tkachuk
Twenty-one state and five private phytosanitary laboratories currently operate in Ukraine to inspect agricultural enterprises.
13 March 2025
U.S. toughens sanctions on Russia's oil, gas, banking sectors – media
The Trump administration is imposing tougher restrictions on Russia's oil, gas, and banking sectors by further limiting Russia's access to American payment systems.
Hetmantsev talks about money for budget: Possibilities of domestic borrowing are not yet exhausted
The possibilities of raising money to the budget through domestic government bonds have not been exhausted, with funds from time deposits and local community resources among the reserves.
Ukraine receives USD 1.7B through G7 initiative – PM Shmyhal
Ukraine has received 2.5 billion Canadian dollars (about USD 1.7 billion) as part of the G7 ERA initiative.
Ukraine sends 3,850 more tonnes of wheat flour to Syria
Ukraine has sent 3,850 tonnes of flour to Syria as part of the “Grain from Ukraine” humanitarian food programme.
Ukraine planning to enter 31 new export markets
The State Service of Ukraine on Food Safety and Consumer Protection is committed to expanding market opportunities and has already started work on 31 new markets to which Ukrainian companies want to export.
12 March 2025
USAID terminates agreement with Ukraine Energy Support Fund
The U.S. Agency for International Development (USAID) has notified the Energy Community Secretariat about the termination of its grant agreement with the Ukraine Energy Support Fund, amounting to USD 75 million.
Denmark allocates EUR 98M for energy equipment for Ukraine
As part of the Ukraine-Denmark Energy Partnership Program, Denmark has allocated EUR 98 million for the purchase of equipment to strengthen Ukraine's energy security.
Thirteen large wind turbines commissioned in Ukraine last year
In 2024, 13 large wind turbines with a total capacity of 27 MW were commissioned in Ukraine.
Renewable energy sources should become basis of generation in Ukraine - expert
As Ukraine moves towards European integration, the country should gradually transition away from coal and eventually from gas as well. Renewable energy sources should become the primary source of electricity production, and it is also advisable to maintain current nuclear generation.