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Friday, 11 October 2024, 21:48
Ukrainian President Volodymyr Zelensky has enacted a decision of the National Security and Defense Council of Ukraine (NSDC) to impose sanctions on a number of individuals and legal entities.
The new Extended Fund Facility (EFF) arrangement for Ukraine, which has been approved by the International Monetary Fund (IMF) Executive Board, will help the Ukrainian government to finance all critical expenditures and maintain the country’s macrofinancial stability.
In 2022, the number of non-bank financial institutions in Ukraine decreased by 422, mainly due some finance companies and credit unions exiting the market.
The Ministry of Communities, Territories and Infrastructure Development of Ukraine is already drafting a strategy for the development of aviation infrastructure.
Ukraine has received energy equipment with a total weight of 423 tonnes from German partners.
31 March 2023
The Executive Board of the International Monetary Fund (IMF) at its meeting on Friday approved a new $15.6 billion Extended Fund Facility (EFF) arrangement for Ukraine.
Ukraine has significant potential for the biofuel market development and may produce up to 8 billion cubic meters of biomethane per year, according to the Ministry of Energy.
Ukraine is interested in the extension of the International Atomic Energy Agency (IAEA) mission at the Zaporizhzhia Nuclear Power Plant (NPP) at least until the plant is fully liberated from the Russian invaders.
For the nine months of the current marketing year (from July 1, 2022 to March 31, 2023), Ukraine exported 37,639 million tonnes of grain and leguminous crops.
As of March 31, Ukrainian power generation has the necessary capacity in reserve to fully meet the needs of electricity consumers throughout the country.
The Cabinet of Ministers adopted a resolution simplifying the procedure for importing components for unmanned aerial vehicles amid martial law.
Germany is considering the possibility of joint implementation of hydrogen production and transportation projects with Ukraine.
The State Property Fund of Ukraine plans to put up objects of large-scale privatization for sale in the second or third quarter of 2023.
The Southeast European Cooperative Initiative (SECI) assumes that the potential investments in the restoration of Ukraine – calculated for many years ahead – may total several trillion dollars.
The Ukrainian Ministry of Energy and the German Eastern Business Association have signed a memorandum of cooperation on ensuring the stable operation of Ukraine’s energy sector, as well as the development of a stable and sustainable energy system of the future.
Ukraine and Switzerland will jointly implement the project "Ukraine’s Cohesion and Regional Development" (UCORD), which is aimed at establishing effective cooperation between central and local authorities, business and the public in the issues of Ukraine’s recovery and regional development.
30 March 2023
The Energy Community and Naftogaz of Ukraine will create an expert group to design tools for boosting Ukrainian energy security.
The consequences of Russian aggression against Ukraine continue to reflect on agricultural production in EU countries, which, along with other factors, such as high summer temperatures and winter draught, have led to high inflation on food products and a change in the consumption structure across Europe.
Japan allocates $400 million for the purchase of equipment and services necessary for the reconstruction of Ukrainian critical infrastructure.
Ukraine has already received seven batches of humanitarian aid from Canada with a total weight of more than 25 tonnes to overcome the consequences of Russian aggression.
The reconstruction of Ukraine is the most ambitious project of the 21st century which opens up great opportunities and prospects for the business.
The state budget of Ukraine has received $1.25 billion of grant funds from the United States, which will mainly be used for social payments.
Lithuania will take part in the IMF's $15.6 billion financing program for Ukraine.
Russian armed aggression has not only made Ukraine to accelerate energy transition but has proven that renewable energy is a matter of national security.
PJSC Ukrnafta plans to boost oil production up to 1.45 million tonnes in 2023.
Russia's economy is beginning to gradually collapse due to a long war in Ukraine and sanctions introduced against the aggressor country.
29 March 2023
Ukraine and Germany are planning to deepen the energy partnership and set new goals during the visit to Ukraine of Robert Habeck, Vice Chancellor and Minister of Economy of Germany.
National Power Company Ukrenergo has signed an agreement with 15 system operators of European Network of Transmission System Operators for Electricity (ENTSO-E). It will allow Ukrenergo to seek assistance in unforeseen situations.
Ukraine has exported more than 3 million tonnes of agricultural products to African countries since the ‘grain corridor’ was launched.