Ukraine’s economy is overcoming the war’s challenges
Why is this important not only for Ukraine? What to expect next?
Economy
No rolling blackouts scheduled in Ukraine for Wednesday
On August 7, no power outages are expected in Ukraine.
Ukraine’s international reserves amount to $37.2B as of Aug 1
As of August 1, 2024, Ukraine’s international reserves came to $37.23 billion, having decreased by 1.8% in July 2024.
Ukraine’s export of processed products grows faster than supply of raw materials – Kachka
Ukraine’s export of value-added products is increasing at a much faster pace than the supply of raw commodities abroad.
06 August 2024
Ukraine will need EUR 12-13B to ensure resilience of energy system - Kudrytskyi
Ukraine must build more than 12 gigawatts of capacity in the coming years in order to have an energy system resistant to possible attacks, with EUR 12-13 billion needed for this.
Europe and Asia: which countries Ukraine plans to conclude and update FTAs with this year
Ukraine is preparing to approve and update several free trade agreements (FTAs) with several European and Asian countries in the near future.
EU Council approves EUR 4.2B tranche for Ukraine
On August 6, the EU Council approved a tranche of nearly EUR 4.2 billion for Ukraine under the Ukraine Facility program.
More than 20,000 consumers in three oblasts cut off power supply due to shelling - MoE
More than 20,000 subscribers in Donetsk, Kherson and Sumy regions have lost power as a result of hostile shelling.
Ukrainian seaports handle 45.8M tonnes of cargo since year-start
In January-July 2024, cargo turnover at Ukrainian seaports reached 59.9 million tonnes, almost as much as in the entire year of 2023.
No power outages expected on Tuesday – Ukrenergo
No power outage schedules are expected to be applied in Ukraine on Tuesday, August 6.
Government includes Konotop-based enterprise seized from Russian senator on large privatization list
The Cabinet of Ministers of Ukraine has transferred the management of Motordetal-Konotop LLC, which was confiscated from a Russian citizen, to the Ukrainian State Property Fund for further privatization.
Social Policy Ministry, Lenovo Ukraine sign memorandum of cooperation
The Ukrainian Social Policy Ministry and Lenovo Ukraine have signed a memorandum of cooperation in the digitalization of the social sector.
05 August 2024
Ukraine working with EU to receive about EUR 4B in aid in August - Zelensky
President Volodymyr Zelensky and Prime Minister Denys Shmyhal have discussed the work agenda for August, particularly decisions and agreements that Ukraine expects in relations with partners, primarily in Europe.
Ukraine to assist Malawi with food security – FM Kuleba
Ukraine will help the Republic of Malawi to resolve food security issues as part of the ‘Grain from Ukraine’ program.
Reconstruction of Okhmatdyt: Ministry of Health cancelled related tenders for UAH 14.5M
Tenders for technical supervision and engineering and consulting services will be announced only after a new tender for the repair of the modern building of the National Children's Specialised Hospital (NSCH) Okhmatdyt is held.
Ukraine, Japan sign memorandum on cooperation in area of justice
Justice Ministers Denys Maliuska of Ukraine and Ryuji Koizumi of Japan have signed a memorandum on cooperation in the area of law and justice.
Ukraine receives $3.9B grant from U.S.
Ukraine has received a $3.9 billion grant from the United States through the World Bank.
04 August 2024
Protection of Ukrainian energy facilities top priority - Ministry
Deputy Minister of Energy Svitlana Hrynchuk said the current priority is work on protecting energy facilities across Ukraine.
Railway operator warns of schedule disruptions following Russian attack on infrastructure
Seven trains will depart with two- to 10-hour delay as a result of the damage to railway infrastructure in Poltava region sustained from the Russian attack overnight Sunday.
03 August 2024
Pressure on Russia should be strengthened so that it cannot circumvent sanctions - Zelensky
The pressure on Russia for the war it unleashed against Ukraine should be strengthened so that it cannot circumvent sanctions.
Russia’s oil exports plunge in July - media
Last month, Russian oil exports from the country's main western ports fell to their lowest in nearly 20 months. China-bound exports saw the largest drop.
No rolling blackouts expected across Ukraine on Sunday - grid operator
No hourly power outages have been scheduled in Ukraine for tomorrow, August 4.
Ukraine already harvests over 28.5M tonnes of grain, oilseed crops
As of August 2, 2024, more than 28.5 million tonnes of the new-harvest crops were gathered across Ukraine.
02 August 2024
Government opens all border crossing points for military goods
On 2 August, the Cabinet of Ministers simplified the supply of military goods across the customs border of Ukraine; it provides for their unimpeded movement through all open checkpoints.
Ukraine’s int’l reserves may drop to $32B in 2026 - NBU
The National Bank of Ukraine predicts a decrease in the country’s international reserves to $32 billion by the end of 2026.
Over 300K ha of farmland put back into operation following demining
Sappers have completed demining of over 310,000 hectares of Ukrainian farmland, allowing for the return of those areas into agricultural use.
Ukraine to attract EUR 50M of support from EU for port infrastructure development
The Cabinet of Ministers passed a decision allowing Ukraine to attract EUR 50 million in support from the European Union for the repair and development of port infrastructure.
Turkey ratifies free trade agreement with Ukraine
Turkey has ratified a free trade agreement with Ukraine.
Ukraine introducing electronic export licensing
Ukrainian exporters will submit documents and receive licenses under a simplified procedure, i.e. in electronic format.