In Ukraine, revenues from tourist tax increased by third
In Ukraine, 142.6 million hryvnias in tourist tax was paid in the first half of 2025, which is 33.2% more than in the same period last year.
Economy
26 July 2025
Ministries of Finance of Ukraine and Slovenia sign memorandum of cooperation
The Ministries of Finance of Ukraine and the Republic of Slovenia have signed a memorandum of cooperation aimed at deepening cooperation in the debt sector.
Fresh EU’s Sanctions against Russia: Tightening the Screws of Existing Prohibitions
Despite tough sanctions against the export of crude oil and petroleum products, Russia still earns up to $160 billion from fossil fuel exports annually. Why don’t sanctions work as intended?
American helicopter manufacturer planning to invest in production in Ukraine
The U.S. helicopter manufacturer, Bell Helicopter, considers investing in production in Ukraine.
25 July 2025
Global oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinion
With the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit the aggressor’s hydrocarbon revenues.
No significant changes to affect exchange rate of U.S. dollar next week – expert’s opinion
Despite increased demand, the exchange rate of the U.S. dollar is unlikely to undergo significant changes next week, but the situation with the euro will be more volatile and less predictable.
Ukraine can quickly deliver arms produced with German funding to the front – Aloian
The arms produced by Ukraine’s defense industry enterprises with the support of German investments, namely long-range weapons, can be quickly delivered to the front.
Ukraine now sets trend in global defense industry – SpetsTechnoExport
In recent years, Ukraine has significantly boosted the production of ammunition and military equipment. Now, the country offers innovative solutions to military challenges and sets a trend in the global defense industry, demonstrating the strength of the nation and readiness to resist the aggressor and achieve victory.
24 July 2025
Ukraine-West cooperation to deliver real-war-tested innovations
Cooperation within the Build with Ukraine program helps Ukraine produce the necessary weapons, and its Western partners to access technologies that have been tested in real combat conditions, and thus be better prepared for possible attacks.
Ukraine, Italy to expand cooperation in defense industry – Ministry of Strategic Industries
Italy is interested in cooperating with Ukraine in weapons production, and specific projects are already being developed.
National Bank preparing new foreign exchange liberalization measures – Pyshnyy
In the near future, the National Bank of Ukraine (NBU) will consider new decisions on foreign exchange liberalization, namely to expand incentives for businesses to attract capital to Ukraine.
Naftogaz secures loan from PrivatBank as part of preparations for winter
Naftogaz Group has secured a loan worth UAH 4.7 billion from PrivatBank CB JSC to build up necessary gas reserves in underground storage facilities for the upcoming 2025/2026 heating season.
23 July 2025
SAPO, NABU complete probe into embezzlement of over UAH 9.2B from PrivatBank
The Specialized Anti-Corruption Prosecutor's Office (SAPO) and the National Anti-Corruption Bureau of Ukraine (NABU) have completed the pre-trial investigation into the embezzlement of more than UAH 9.2 billion from PrivatBank.
Ukrzaliznytsia transports more than 1.3M passengers on international routes over six months
International passenger trains run between Ukraine and six European countries. In January-June 2025, about 1.3 million passengers travelled by rail in both directions.
Ukrainian defense products showcased at major defense exhibition in Istanbul
Ukrainian defense companies and enterprises are showcasing their products at IDEF-2025, one of the largest international defense industry exhibitions in the region, taking place in Istanbul, according to an Ukrinform correspondent.
Ukraine signs four contracts worth over UAH 3B with interceptor drone manufacturers – defense minister
Ukrainian manufacturers of interceptor drones have secured four state contracts worth more than UAH 3 billion.
Minister Shmyhal: Ukraine needs at least $120B for defense next year
In 2026, Ukraine will need at least USD 120 billion for defense purposes.
22 July 2025
Ukraine strengthens logistics ties with Azerbaijan – Ambassador Husyev
Ferry connections between Ukraine and the South Caucasus are gradually being restored, enhancing the capacity of the Trans-Caspian International Transport Route.
Russia strikes Ukrainian gas infrastructure overnight, causing damage
In the early hours of July 22, Russian forces launched a drone attack targeting gas extraction facilities operated by Naftogaz of Ukraine, resulting in damage to infrastructure. Recovery efforts are currently underway.
Ukraine becomes full-fledged contributor to joint defense production – Umerov
Having invested about USD 20 billion in its own defense industry in the past two years, Ukraine is now making a significant contribution to joint arms production to counter Russian aggression.
21 July 2025
Russian metallurgy on brink of collapse – Ukrainian intelligence
Russia’s metallurgical industry continues to decline and is now on the verge of complete shutdown.
No plans to extend preferential import regime for electric vehicles – Hetmantsev
The Verkhovna Rada Committee on Finance, Tax, and Customs Policy does not plan to initiate an extension of the tax incentives for electric vehicle imports beyond January 1, 2026.
20 July 2025
Ukraine plans to launch grants for ammunition, explosives production
The Ukrainian government is planning to launch a grant program next week to support the production of ammunition and explosives.
Ukraine plans one-year moratorium on business inspections – PM
The Ukrainian government, in coordination with law enforcement agencies and the National Security and Defense Council (NSDC), is preparing to introduce a one-year moratorium on business inspections, starting next week.
NBU unveils mortgage lending development strategy
The National Bank of Ukraine (NBU) has published its Mortgage Lending Development Strategy, approved by the Financial Stability Council and the NBU Board, aimed at improving housing affordability through market-based mechanisms.
National Bank of Ukraine Governor on 18th package of sanctions: Comprehensive isolation of Russia's financial sector is gaining momentum
Andriy Pyshnyy, the Governor of the National Bank of Ukraine, called the 18th package of sanctions against Russia particularly significant for its financial sector.
Ukraine planning to sell stakes in major state-owned companies, Economy Minister says
The Ministry of Economy is working on legislative changes that will allow the privatization of stakes in large state-owned companies.
19 July 2025
Shmyhal: Ukrainian weapons production has increased 35-fold
Since the start of Russia's full-scale invasion, Ukraine's defense production has increased 35 times and now accounts for 40% of all weapons used at the front.
Ukraine’s Teletactica raises $1.5M to scale up innovations
Ukraine’s defense tech company Teletactica has raised USD 1.5 million in investments to develop electronic warfare (EW) resistant communications systems for unmanned aerial vehicles (UAVs) and ground robotic systems.