Ukrainian banks receive UAH 21.5B in net profit in Jan-Feb 2023 – NBU
In January-February 2023, Ukrainian solvent banks received UAH 21.5 billion in net profit, which is 2.2 times more than in the same period last year.
Economy
21 March 2023
As no one able to help Ukraine liberate nuclear plant, other mechanisms needed - Zelensky
President Volodymyr Zelensky of Ukraine insists on finding mechanisms to liberate the Russian-captured Zaporizhia nuclear power plant, as currently no international institution can resolve the issue.
Disposal of urban debris yet another war challenge for Ukraine - UN under-secretary-general
The UN Environment Programme is working with the Ukrainian government on the issue of disposal of building debris, which becomes more urgent amid war.
PM Shmyhal: EU’s tranche of macro-financial assistance already on National Bank’s accounts
EU-disbursed EUR 1.5 billion tranche of macro-financial assistance is already on the accounts of the National Bank of Ukraine.
Ukraine's parliament adopts law increasing defense spending by UAH 500B
The Verkhovna Rada has adopted a law increasing state budget expenditures by UAH 537.2 billion, with 96.5% of the amount to be spent on Ukraine's national security and defense sector.
EU disburses second EUR 1.5B tranche of macro-financial assistance to Ukraine
The European Union transferred to Ukraine the second tranche of EUR 1.5 billion as part of the EUR 18 billion macro-financial assistance program.
No electricity generation capacity shortage observed - operator
As of the morning of March 21, electricity generation surplus fully covers the required volumes for the needs of consumers across Ukraine.
First ship with 30,000 t of Ukrainian wheat arrives in Kenya
The first ship loaded with 30,000 tonnes of Ukrainian-produced wheat has arrived in the Republic of Kenya as part of the Grain from Ukraine humanitarian program initiated by Ukrainian President Volodymyr Zelensky.
NBU sells $376M on interbank foreign exchange market in past week
The National Bank of Ukraine (NBU) sold $376.22 million on the interbank foreign exchange market over the past week.
Amid war, 20% of Ukrainian farmland to remain unsown
Ukrainian farmers will not be able to sow about 20% of the country’s farmland due to the Russian occupation, pollution, or mine contamination.
“Grain Initiative”: 20% of Ukrainian wheat goes to Africa
As part of the "Black Sea Grain Initiative", Ukraine exported 6.9 million tonnes of wheat, 20% of which was sent to African countries.
20 March 2023
Ukraine to send extra 30,000 t of wheat to Yemen as part of Grain from Ukraine
A tanker is being loaded in the port of Chornomorsk. It will send 30 thousand tons of wheat to Yemen as part of humanitarian aid.
Ukrgasvydobuvannya transfers UAH 4.25B of rent payments to local budgets
JSC Ukrgasvydobuvannya transferred UAH 4.25 billion of rent payments to local budgets in January-February 2023, according to the company’s press service.
UK, Ukraine sign digital trade deal
The United Kingdom today signed a pivotal digital trade deal with Ukraine that will support the country’s economy and greatly enhance trade and investment relationship.
MFA invites Ukrainian manufacturers to participate in UN Procurement and Vendor Fair
The Ministry of Foreign Affairs invites Ukrainian entrepreneurs to participate in the UN Procurement and Vendor Fair to be held on March 28.
Ukraine reaches strategic agreements on use of Ukrainian uranium in nuclear fuel production - minister
Petro Kotin, President of Energoatom nuclear operator, and Tim Hitzel, President and Executive Director of Canada’s CAMECO, signed on behalf of the two companies the agreements on the use of Ukrainian uranium in the production of nuclear fuel for all Ukrainian nuclear power plants.
Ukraine's president signs law on development of high-efficiency cogeneration
Ukrainian President Volodymyr Zelensky has signed a law that creates conditions for the development of high-efficiency cogeneration in Ukraine in accordance with the provisions of the European Union.
Power supply services restored in two de-occupied settlements in Kherson region
Power supply services have been restored in two more de-occupied settlements in the Kherson region.
19 March 2023
Shmyhal: Government allocates 518B for defense, endorses action plan for 2023
This week, the Government of Ukraine allocated UAH 518 billion for defense and endorsed the action plan for 2023.
Bloomberg exposes shadow fleet of Russian oil tankers
At least two India and UAE companies are helping Russia circumvent oil sanctions, imposed by Western democracies, through a shadow fleet of tankers.
18 March 2023
UN confirms prolongation of Ukrainian Grain Initiative
The United Nations has confirmed the extension of the Black Sea Grain Initiative, which was set to expire on Saturday, March 18.
Ukraine seizes Russian businessman’s assets worth over UAH1B
Russian businessman’s assets, located in Chernihiv region and estimated at over UAH 1 billion were transferred to the state.
Sanctions against Russia are working, but there are opportunities to toughen them - study
The Yermak-McFaul International Expert Group, led by the chief of the Ukrainian President’s Office Andriy Yermak and head of the Freeman Spogli Institute for International Studies (FSI) Ambassador Michael McFaul, jointly with Kyiv School of Economics (KSE) experts, released a report on the impact of sanctions on Russia’s economy.
Grain deal extended for another 120 days - Kubrakov
The Black Sea Grain Initiative has been extended for another 120 days.
U.S. air carriers asking authorities to bar competitors from flying over Russia
U.S. air carriers are calling on the White House and Congress to ban foreign airlines from flying to the U.S. through Russian airspace citing unfair competition.
IMF amends rules paving way for new loan program for Ukraine
The International Monetary Fund said its Executive Board on Friday (March 17) approved rule changes that would allow the Fund to greenlight new lending programs for countries facing "exceptionally high uncertainty," a move expected to pave the way for to the new program for Ukraine.
United States plans to provide $7.4 billion in aid to Ukraine through September
The United States plans to continue providing large-scale humanitarian and budgetary support to Ukraine and is going to transfer $7.4 billion in aid to the Ukrainian side through September.
PM Shmyhal: Cargo transportation up by more than 50% during ‘transport visa-free regime’
The ‘transport visa-free regime’ is an integral part of Ukraine’s integration with the EU, allowing Ukrainian entrepreneurs to enter European markets and contribute to developing the export-oriented economy.
Izmail Winery put up for sale
Ukraine's State Property Fund has scheduled a privatization auction for the sale of PJSC Izmail Winery for April 11.