Heating season 2024/2025 progressing smoothly in most regions – Ministry
The Ministry for Communities and Territories Development of Ukraine has reported on the status of the 2024/2025 heating season as of November 23.
Economy - Latest news
24 November 2024
23 November 2024
Power outage schedules in Ukraine to be in effect from 14:00 to 18:00 on Sunday – Ukrenergo
Power outage schedules in Ukraine on Sunday, November 24, will be implemented from 14:00 to 18:00, with only one group of consumers being cut off during this period.
Over 300 port infrastructure facilities damaged by Russian attacks during grain corridor operation – Zelensky
Since the beginning of the operation of the food export corridor in the Black Sea, 321 infrastructure facilities in Ukrainian ports have been damaged as a result of Russian attacks.
More than 280,000T of agricultural products shipped as part of Grain from Ukraine initiative - PM
Over the course of the Grain from Ukraine humanitarian program, the company has raised more than USD 290 million to purchase more than 280,000 tons of Ukrainian agricultural products for countries in need.
Polish side at Medyka checkpoint no longer accepts trucks from Ukraine
The Polish side no longer accepts freight transport from Ukraine at the Medyka-Szeginie checkpoint.
Lithuania allocates initial EUR 10M for Ukrainian long-range weapons production – Umerov
Lithuania has committed to financing the production of Ukrainian long-range weapons under a long-term agreement, with an initial tranche of EUR 10 million already approved.
Galushchenko discusses nuclear safety in Ukraine with Indian representative at IAEA meeting
Ukrainian Energy Minister German Galushchenko held discussions on nuclear and radiation safety in Ukraine with Shambhu Kumaran, India's Permanent Representative to the UN offices in Vienna and the International Atomic Energy Agency (IAEA).
Polish protesters block truck traffic at Medyka – Shehyni border checkpoint
On Saturday, November 23, Polish protesters began blocking the movement of trucks at the Medyka – Shehyni border checkpoint.
Frequent power outages at Zaporizhzhia NPP increase danger – Minister Halushchenko
The situation at the Zaporizhzhia Nuclear Power Plant (ZNPP) is becoming increasingly hazardous due to frequent disruptions in external power supply.
UAV interceptors: Ukrainian companies submitted largest number of bids in Drone Coalition tenders
In the international tenders of the Drone Coalition, Ukrainian companies submitted the most proposals for the production of interceptor drones for the Ukrainian Defense Forces.
Ukraine takes part in NEDS Defence and Security Exhibition in Rotterdam
Ten Ukrainian companies have participated in the 35th edition of the NEDS Defence and Security Exhibition in Rotterdam.
22 November 2024
Mykolaiv region restoring long-term storage facilities for vegetables, fruit
The long-term storage facilities for fresh vegetables and fruit are being restored in the Mykolaiv region.
IAEA to strengthen its mission at Ukraine's nuclear energy facilities – Sybiha
The International Atomic Energy Agency (IAEA) will expand and reinforce its monitoring mission at nuclear energy facilities in Ukraine.
Vinnytsia region produces 236,000 t of sugar as of Nov 22
The Vinnytsia region’s sugar refineries have already produced 236,000 tonnes of sugar.
Attacks on NPP substations: Ukraine calls on IAEA to take more radical measures against Russia
As part of his working visit to Vienna, where the IAEA Board of Governors is meeting, Ukraine's Energy Minister German Galushchenko met with US Permanent Representative to the IAEA Laura Holgate to discuss strengthening the protection of substations critical to the operation of nuclear power plants.
UK sanctions oligarch Firtash over corruption
On November 21, 2024, the United Kingdom imposed sanctions on Ukrainian oligarch Dmitry Firtash and individuals associated with him, including his wife, over corruption.
Russian attacks on NPP substations: Ukraine urges IAEA to take more drastic measures
Ukraine calls for more drastic measures to be taken against the aggressor state of Russia over its attempts to provoke a radiation accident by attacking the substations that are critical to the operation of nuclear power plants (NPPs).
Ukraine, Italy expand cooperation in supply of critical raw materials
Ukraine and Italy are expanding cooperation in the supply of critical raw materials.
21 November 2024
Norway allocates almost EUR 43M to boost Ukraine’s defense industry
On Thursday, Norwegian Defense Minister Bjørn Arild Gram announced that Norway will provide Ukraine with NOK 500 million (almost EUR 43 million) to develop its defense industry.
GOP’s attempt to prevent Biden from writing off Ukraine’s $4.6B debt fails in Senate
The U.S. Senate did not support the initiative put forward by Senator Rand Paul, who tried to block President Biden's decision to write off half of Ukraine's debt for a loan provided as economic aid.
IMF to decide on next tranche for Ukraine within EFF in coming weeks
The IMF Executive Board will meet to hear the results of the sixth review of the Extended Fund Facility for Ukraine and to make a decision on the allocation of the next tranche in the coming weeks.
U.S. slaps sanctions on Russia's Gazprombank, other financial institutions
The U.S. Treasury announced a new package of sanctions against Russia as part of the G7 agreements, which include restrictions against Gazprombank and dozens of other banks and financial institutions.
Ukraine, World Bank present ‘Reform Matrix’ – PM Shmyhal
Ukraine and the World Bank have presented the Reform Matrix, a change plan aimed, in particular, at reforming public investment management.
Ukraine counts on Italy's support in development of deep agro-processing - Agrarian Policy Ministry
Ukraine counts on Italy's support in the development of deep processing of agricultural products.
Energy ministry in dialogue with industry, importers over optimal model of electricity supply
The Ministry of Energy is exploring additional opportunities to encourage electricity imports, where the key factors are the availability of electricity and the ability to deliver it at the right times.
Emergency power outages implemented in Kyiv, four regions
Emergency power outages have been implemented in Kyiv, Kyiv region, Odesa region, Dnipropetrovsk region, and Donetsk region.
U.S. State Dep’t confirms intentions to write off Ukraine’s $4.6B debt
The U.S. Department of State has confirmed Joe Biden’s Administration made a first step toward canceling Ukraine’s debt to the U.S. worth $4.6 billion that the nation was supposed to repay for the loans provided, but Congress is yet to take the appropriate decision.
Over 6M hectares across Ukraine already sown with winter crops
As of November 19, 2024, Ukrainian farmers sowed 6.14 million hectares (98%) with winter crops.
20 November 2024
Zelensky discusses support programs for Ukraine with World Bank official
President Volodymyr Zelensky met with the World Bank's Managing Director for Operations Activities Anna Bjerde, with whom he discussed Ukraine's financial stability and support programs.
Austria pledges additional EUR 2M for Grain from Ukraine initiative
Austria has committed an additional EUR 2 million to support the Ukrainian-led Grain from Ukraine initiative, aimed at addressing global food insecurity exacerbated by Russia's war against Ukraine.