Finland preparing new aid package for Ukraine to protect critical infrastructure – Klymenko
Finland is preparing a new aid package for Ukraine to protect critical infrastructure facilities.
Economy
28 October 2023
Kubrakov, Janczak discuss Ukraine’s decentralization reform
The team of the Ukrainian Communities, Territories and Infrastructure Development Ministry, headed by Deputy Prime Minister for Restoration of Ukraine and Minister for Communities, Territories and Infrastructure Development Oleksandr Kubrakov, has met with Head of the Council of Europe Office in Ukraine Maciej Janczak and discussed the completion of decentralization reform in Ukraine.
Ukraine has exported 41,000 tonnes of honey this year
In January-September 2023, Ukraine exported 41,000 tonnes of honey.
Ukraine to attract $1.2B from IBRD
Ukraine will attract $1.2 billion from the International Bank for Reconstruction and Development, a member of the World Bank Group, to support the social sphere.
Ukraine already exported over 8.7M t of grain and leguminous crops
In the 2023/2024 marketing year (from July 1 to October 27, 2023), Ukraine exported 8.721 million tonnes of grain and leguminous crops, according to the Ministry of Agrarian Policy and Food of Ukraine.
Ukraine can meet 20% of EU's demand for biomethane - agrarian ministry
Ukraine has the potential to meet up to 20% of the European Union's demand for biomethane production.
Ukrainian farmers harvest 63.2M t of grains, oilseeds
As of October 27, 2023, Ukrainian farmers harvested 63.2 million tonnes of new grain and oilseeds.
Ukraine, Poland developing plan to resolve business issues
A Ukrainian-Polish joint working group will be developing a special action plan to resolve the issues of Polish businesses participating in Ukraine’s reconstruction efforts and Ukrainian businesses operating in Poland.
27 October 2023
Shmyhal: About 30 German companies considering investments in Ukraine’s economy
About 30 German companies are considering the possibility of investing in Ukraine’s economy.
ESBU reboot: when to expect it and what will happen to Bureau afterwards
The IMF's requirement is to create a single body in Ukraine to combat economic crimes. Will the Economic Security Bureau of Ukraine be up to the task?
NBU improves its economic growth forecast for 2023
The National Bank of Ukraine (NBU) has improved its forecast for real GDP growth from 2.9% to 4.9% in 2023.
NBU governor: Ukraine to get about $45B in loans and grants this year
According to forecasts of the National Bank of Ukraine, the total amount of financial assistance in the form of loans and grants will reach about $45 billion dollars in 2023.
Ukraine, Spain to enhance cooperation in ensuring global food security
Ukraine and Spain discussed the key areas of strengthening economic cooperation between the countries, including ensuring global food security.
26 October 2023
Germany transfers more than €54 million to Energy Support Fund for Ukraine
The German Federal Ministry for Economic Affairs and Climate Protection will transfer another 54.3 million euros to the Energy Support Fund of Ukraine
Japan’s Reconstruction Agency to assist Ukraine in restoration
Japan’s Reconstruction Agency, which has many years of experience in successfully restoring large-scale damage after natural disaster, is ready to help the Agency for Restoration of Ukraine in reconstruction and in several areas of project implementation.
NBU improves inflation forecast for year end
The National Bank of Ukraine (NBU) estimates that inflation will reach 5.8% by the end of 2023.
NBU cuts key policy rate to 16%
The National Bank of Ukraine (NBU) has decided to cut its key policy rate to 16%.
NBU, EBRD discuss Ukraine’s financial sector situation
The National Bank together with the European Bank for Reconstruction and Development discussed a number of issues, including the state of the financial sector of Ukraine, the results of the latest assessment of the banking system stability and the transformation of the non-banking sector.
Ukraine, France discuss support for SMEs
Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, and Gaël Veyssière, Ambassador Extraordinary and Plenipotentiary of France to Ukraine, have discussed war risk insurance, the involvement of French business in the reconstruction and recovery of Ukraine, cooperation with Ukrainian companies and support for small and medium-sized businesses (SMEs).
Kuwait opens its market for Ukrainian poultry
Kuwait has opened its market for Ukrainian poultry meat and other poultry products.
25 October 2023
Ukraine negotiating road ‘green corridor’ for agricultural exports with Moldova, Romania
Ukraine has started negotiations with Moldova and Romania regarding the creation of a "green corridor" between the border crossing points "Reni (Ukraine) – Giurgiuleşti (Moldova) – Galați (Romania)" to speed up the movement of goods and the export of Ukrainian agricultural products.
Oleksiy Chernyshov, CEO of Naftogaz Group
Creating an energy market is a requirement of the times
Germany to donate almost EUR 200M for Ukraine’s energy sector
Germany will allocate an additional EUR 195 million for the needs of Ukraine’s energy companies ahead of the winter period.
Chernyshov: Utilities owe ₴95B to Naftogaz
The problem of debts for consumed gas is quite acute and needs to be addressed.
Two buildings near Khmelnytskyi NPP damaged in Russian attack
On the night of October 25, two buildings of the Khmelnytskyi nuclear power plant (NPP) were damaged; in Netishyn and Slavuta, 1,800 consumers were left without electricity.
GDP grows by 9.1% in Sept - economy ministry
According to preliminary estimates of the Ministry of Economy, GDP growth in September 2023 compared to September last year was about 9.1%.
Ukraine accumulates 16 bcm of gas in UGS facilities – Chernyshov
Ukraine has accumulated 16 billion cubic meters of "blue fuel" in underground gas storage facilities, which will allow country to go through the heating season without importing gas.
Fifty vessels loaded at Ukrainian sea ports since new export corridor opened – Zelensky
Fifty vessels have been loaded at Ukrainian sea ports since the new export corridor was established in the Black Sea, and another 50 vessels are expected to arrive soon.
Ukraine set to see 10% crop increase, up to 79M tonnes - ministry
In September-October, more than 20 vessels departed from the ports of Odesa region, carrying various types of cargo, including agricultural products.