World Bank disburses additional $500M to help Ukraine meet urgent needs
The World Bank has announced the disbursement of an additional $500 million to help Ukraine meet urgent spending needs caused by Russia’s full-scale invasion.
Economy
IAEA inspectors to visit two nuclear sites in Ukraine
Inspectors of the International Atomic Energy Agency (IAEA) will visit two nuclear locations in Ukraine to detect any possible undeclared nuclear activities.
24 October 2022
Belgium pledges to support Ukrainian energy sector
Minister of Energy of Ukraine German Galushchenko held an online meeting with Minister of Energy of Belgium Tinne Van der Straeten who pledged to continue to provide support for the Ukrainian energy sector.
PM Shmyhal urges to expel Russia from FATF
Prime Minister of Ukraine Denys Shmyhal and German Federal Minister of Finance Christian Lindner discussed the increase in funding security assistance to Ukraine and the need to expel Russia from the Financial Action Task Force (FATF).
Ukraine offers investors wide ‘menu’ of projects worth $400B – Prime Minister
The Ukrainian government is determined to maximize investment raising in any form.
PM Shmyhal: Investment potential of Ukraine’s agricultural sector is at least $34B
The investment potential of Ukraine’s agricultural sector is at least $34 billion, even under the current challenging conditions.
Ukraine calls on world to demand Russia stop artificial delays in inspections of grain ships
The Ukrainian Foreign Ministry has called on the international community to demand that Russia immediately stop artificial and politically motivated delays in the inspections of vessels using the Black Sea grain corridor.
Six more grain ships leave Ukrainian ports
Six ships carrying agricultural products left Ukrainian seaports on October 24 as part of the implementation of the Black Sea Grain Initiative.
NABU puts former NBU governor on wanted list
Ukraine's National Anti-Corruption Bureau (NABU) has placed on the wanted list three officials of JSC Ukrgasbank who, according to investigators, are suspected of the embezzlement of more than UAH 200 million.
EBRD to commit up to EUR 3B to Ukraine by late 2023
The European Bank for Reconstruction and Development (EBRD) will commit up to EUR 3 billion over 2022-2023 to help Ukraine’s businesses and economy keep functioning.
Ukrenergo introduces electricity supply restrictions in some regions
Ukraine’s power system operator NEC Ukrenergo introduces electricity supply restrictions in a number of regions to maintain the stable operation of the system.
23 October 2022
President: Power supply possibility restored in all regions
Energy workers have restored the technical possibility of power supply in all regions that suffered the Russian attack on October 22.
Shmyhal: About UAH 5B sent to regions for infrastructure reconstruction
In recent months, the Government has provided the regions with about UAH 5 billion for the reconstruction of infrastructure damaged during military operations.
PM Shmyhal: Ukrainian underground storages have enough gas for heating season
Currently, there are about 14.2 billion cubic meters of gas in the Ukrainian underground gas storage facilities which is absolutely enough to get through this winter.
Zelensky tells Georgieva Ukraine will do all to properly pass IMF's monitoring program
Ukrainian President Volodymyr Zelensky has held a phone call with IMF Managing Director Kristalina Georgieva, stressing that Ukraine will do everything necessary to successfully complete the current IMF monitoring program and move to the new one as quickly as possible.
Ukraine has capacity to import electricity - Galushchenko
Ukraine has the capacity to import electricity in view of the shelling of its energy infrastructure by Russian troops.
Minister Galushchenko: 90% of wind energy facilities put out of service due to war
As a result of the Russian full-scale invasion, 90% of wind energy facilities and 45-50% of solar energy facilities have been put out of service in Ukraine.
Six more vessels loaded with agricultural products leave Ukrainian ports
Six more vessels loaded with 124.3 thousand tonnes of agricultural products, intended for Asian and European countries, have left the Odesa region’s ports today.
Ukraine needs most effective air defenses to preserve energy infrastructure - minister
Ukraine needs the most effective air defense system to reduce the number of Russian missiles hitting energy infrastructure facilities.
22 October 2022
Russia’s missile strikes cause serious damage to energy facility in Lutsk – mayor
On Saturday morning, Russian missiles hit an energy facility in Lutsk city of Volyn region, actually destroying it.
Almost 1.5M consumers left without electricity after Russia’s missile strikes – President’s Office
Almost 1.5 million consumers were left without electricity as a result of Russia’s missile strikes on energy facilities across Ukraine on Saturday morning.
Scale of today's damage to energy infrastructure may exceed that of Oct 10-12 strikes - Ukrenergo
The scale of destruction inflicted to energy infrastructure facilities across Ukraine by a Russian missile attack on the morning of Saturday, October 22, may exceed the consequences of the strikes launched October 10-12.
21 October 2022
IMF expects Ukraine's GDP to stabilize next year if war doesn’t drag on
The IMF has published a report on the economic situation in Ukraine during the war, as well as forecasts for the following years, noting positive trends for the economy already next year if the hostilities decline and external financing flows as scheduled.
Shmyhal informs EBRD President about Russian missile attacks on energy facilities
Prime Minister of Ukraine Denys Shmyhal informed EBRD President Odile Renaud-Basso about Russia's missile attacks on energy facilities across Ukraine.
IMF positively assesses Ukraine’s moves to preserve macro-financial stability
The International Monetary Fund’s (IMF) Mission Chief for Ukraine Gavin Gray has positively assessed the efforts undertaken by the government of Ukraine amid the ongoing Russian war to preserve macro-financial stability, and plans to continue discussing further steps to support the country’s economy.
EU to provide stable funding for Ukraine over next year - von der Leyen
By the end of the year, the European Union will have transferred to Ukraine a tranche of macro-financial assistance in the amount of EUR 9 billion, but EU leaders are already considering how to ensure, together with American partners and international financial institutions, stable monthly financing of Ukraine's basic needs in the amount of EUR 3-4 billion.
Ukrenergo introduces electricity supply restrictions in Kyiv city and four regions
Due to a rapid increase in the level of electricity consumption in the central regions and Kyiv, NEC Ukrenergo is introducing restrictions in this part of Ukraine.
Ukraine launches new gas well in Kharkiv region with over 50 mcm annual capacity
The JSC Ukrgazvydobuvannya gas production company has kicked off operations at a new well in Kharkiv region with a daily throughput of more than 140,000 cubic meters.
20 October 2022
Zelensky meets with representatives of investment company Goldman Sachs
Ukrainian President Volodymyr Zelensky has met with representatives of Goldman Sachs, one of the largest investment companies in the U.S. and the world -- Executive Vice President John Rogers and Co-Head of the Office of Applied Innovation and President of Global Affairs Jared Cohen.