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Friday, 19 December 2025, 02:55
Russia is unlikely to achieve its target indicator of the 2024 Russian budget as laid down in the budget plan. It is possible that the Russian government will have to consider other policy measures to fund the intended expenditure.
The Supervisory Board of Ukrainian Defense Industry JSC (Ukroboronprom) has endorsed a decision to transform another 10 state-owned defense industry enterprises into economic entities as part of Ukraine’s defense industry reform.
05 February 2024
Ukrnafta PJSC has started well construction operations in northeastern Ukraine. The estimated initial rate of the new well is 26.5 tonnes of oil per day.
The Group of Seven (G7) nations and the European Union are discussing a plan to use more than $250 billion in frozen Russian central bank assets as collateral to help finance Ukraine's recovery.
04 February 2024
Polish Agriculture and Rural Development Minister Czesław Siekierski has announced the strengthening of control and inspections of Ukrainian agricultural products that are exported to Poland.
Deputy Minister of Agriculture and Rural Development of Poland, Michal Kolodziejczak, arrived at the Dorohusk border crossing with Ukraine with an inspection.
03 February 2024
In January, Ukraine 6.3 million tons of cargo were exported through the Ukrainian corridor, which is almost equal to the pre-war level of exports, said Deputy Prime Minister for Reconstruction, Minister of Community Development, Territories and Infrastructure Oleksandr Kubrakov.
In 2023, the NOVA Group of companies (Nova Poshta) paid UAH 10.7 billion in taxes and fees to the budgets of all levels, 50% more than in 2022.
In order to monitor and control water management, Ukraine is planning to create Water of Ukraine NJSC.
02 February 2024
Romania's coalition government said on Friday it had reached an agreement with farmers to end weeks of protests against high business costs.
Today, European leaders confirm the plan to use the proceeds of frozen Russian assets in favor of Ukraine, the confiscation of which was called impossible a year ago.
Governments should resist calls to increase financial support for farmers protesting in Europe, IMF Managing Director Kristalina Georgieva said.
The continuation of the trade liberalization regime between the European Union and Ukraine provides for quantitative restrictions for three agricultural products, but not their prohibition.
Mechanisms for controlling the expenditures of the 50 billion euro Ukrainian Fund were envisaged from the very beginning, with the need for annual reporting to the European Commission and the possibility of revising the funding parameters in two years if necessary.
Ukrainian Foreign Affairs Minister Dmytro Kuleba has expressed confidence that a decision on the use of the frozen Russian assets in support of Ukraine will be endorsed in 2024.
Members of the German Bundestag have approved the state budget for 2024 in its second and third reading.
The State Sanctions Registry has been launched in Ukraine, containing information about 17,202 individuals and legal entities, which are considered as sanctioned.
Ukraine expects to receive the first payment of EUR 4.5 billion from a EUR 50 billion aid package agreed by the EU countries as early as March.
The renewal of medium-term budget planning is a key objective of the Ukrainian Finance Ministry for 2024.
In January 2024, about 4.4 thousand new light motor vehicles were registered in Ukraine, which is 47% higher compared to the same period last year.
01 February 2024
If the EU adopts a corresponding decision, Ukraine will be able to receive up to EUR 15 billion of interest accrued from the frozen Russian assets annually.
Deputy Prime Minister for Innovation, Development of Education, Science and Technology - Minister for Digital Transformation Mykhailo Fedorov named the priority tasks the Defense Forces set before manufacturers of unmanned aerial systems.
During a meeting of Ukraine and Türkiye delegations led by the Deputy Prime Minister for the Reconstruction of Ukraine Oleksandr Kubrakov and Minister of Trade of Türkiye Omer Bolat in Istanbul on January 31, a roadmap was laid down for the Free Trade Agreement to enter into force, which may take place in the coming months.
In 2023, Romania, China and Türkiye were the major importers of Ukrainian agricultural products.
In 2023, the number of receipts for the purchase of non-fuel products at Ukrnafta's filling stations amounted to 4.6 million, up 53% compared to 2022.
31 January 2024
For the first time, Ukraine’s state budget has received more than UAH 32 million in seized assets of individuals affected by sanctions.
Ukraine expects to conclude an agreement on mutual recognition of product conformity certificates with Europe this year
The European Commission has proposed to renew the suspension of import duties and quotas on Ukrainian exports to the EU until June 2025, and Kyiv hopes that this decision will be approved by the Council of the European Union.
The European Commission proposed on Wednesday that the Autonomous Trade Measures in relation to the goods produced in Ukraine and Moldova be extended for another year, which implies continued liberalization of trade between the European Union and both countries.