G7 finance ministers pledge more than $24B in aid to Ukraine
G7 finance ministers pledged additional support to Ukraine exceeding $24 billion for 2022 and beyond, adding that they were prepared to do more as needed.
Economy
Ukraine lobbies for gas shipment shift from Nord Stream 1 to Ukraine's pipeline
Ukraine tries to convince Western allies to shift part of Russia's shipments of natural gas from the Nord Stream 1 pipeline to Ukraine's pipeline.
20 April 2022
Germany to give up Russian oil by year end - Baerbock
Germany wants to end imports of Russian energy resources in the shortest possible time and already has a clear plan to cut off coal and oil imports from Russia.
World Bank and IMF chiefs to discuss Ukraine’s rebuilding phase with Shmyhal, Marchenko
On April 21, 2022, World Bank President David Malpass and International Monetary Fund (IMF) Managing Director Kristalina Georgieva will meet with Ukrainian Prime Minister Denys Shmyhal and Ukrainian Finance Minister Serhii Marchenko to discuss further financial aid.
UK pledges £400M in aid to Ukraine, guarantees $1B in World Bank lending
UK has pledged almost £400 million in aid to Ukraine and will provide £220 million of humanitarian assistance to support countries receiving Ukrainian refugees.
19 April 2022
Government records positive dynamics of economic recovery compared to March
The Cabinet of Ministers is recording positive dynamics of Ukraine’s economic recovery compared to March.
IMF cuts global growth outlook over Russian invasion: Ukraine to lose up to 35% of GDP in 2022
The International Monetary Fund has downgraded its forecast for global economic growth to 3.6% for 2022-2023, predicting a “steep contraction” in Ukraine's GDP, largely due to the effects of Russia's war.
Kubrakov: Russians damaged 30% of Ukraine's infrastructure worth $100B
Russia's invasion has damaged or destroyed up to 30% of Ukraine's infrastructure at a cost of $100 billion. The reconstruction could be achieved in two years using frozen Russian assets to help finance it.
NBU changes account details for transferring funds to support Armed Forces of Ukraine
The National Bank of Ukraine changed account details for transferring funds in U.S. dollars (USD) to support the Armed Forces of Ukraine and for humanitarian assistance.
France doesn’t need Russian gas, supports energy embargo - Macron
French President Emmanuel Macron says t France doesn’t need Russian gas and will continue to push for sanctions on Russian gas supplies.
Third of Ukrainian fields unfit for sowing due to war - UN
A third of Ukrainian agricultural fields will not be used to sow wheat and other crops as a result of hostilities.
18 April 2022
Free roaming and payment space with EU: Shmyhal briefs on integration progress
Ukraine continues to work towards integrating into the European Union, particularly in the free roaming network and free payment space.
Ukraine to receive $500M in financial assistance from international partners – PM Shmyhal
Ukraine will receive $500 million in financial assistance from international partners.
Sixth package of EU sanctions targeting Russia must include oil embargo
The next package of sanctions that the European Union is set to impose on Russia must lay down an embargo on Russian oil.
Continued economic support from partners important to Ukraine - IMF
Continued economic support by Ukraine's partners is very important for rebuilding Ukraine.
17 April 2022
Zelensky discusses with IMF head the issue of post-war reconstruction
President of Ukraine Volodymyr Zelensky discussed with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva the issues of ensuring Ukraine's financial stability and preparations for post-war reconstruction.
Budget deficit could reach $5B in coming months - Ukraine PM
In the coming months, the Ukrainian budget deficit could reach $5 billion therefore financial assistance from the West is needed more than ever.
Estonia, Bulgaria ban Russian ships from ports
As part of sanctions endorsed by the European Union, Russian-flagged ships are not allowed to enter Estonian ports from April 17, 2022.
EU allocates EUR 50M in additional humanitarian aid to Ukraine
As Ukraine continues to fight against Russia's unprovoked invasion and Russian troops continue to launch missile attacks and bomb Ukrainian cities and villages, killing civilians and destroying critical civilian infrastructure, the EU has allocated an additional EUR 50 million in humanitarian aid to the most vulnerable groups in all regions of Ukraine.
Oil embargo could be part of sixth package of EU sanctions against Russia - Yermak
The head of the Ukrainian President's Office, Andriy Yermak, has said that an oil embargo could be part of the sixth package of EU sanctions against Russia.
Inflation in Ukraine will reach 10-20% in 2022 - Ustenko
Inflation in Ukraine will reach 10-20% this year.
Zelensky vows new homes to all Ukraine defenders
President Volodymyr Zelensky has told the government to work toward housing all Ukrainians who lost their homes as a result of the Russian war, as well as for all those who defend the nation at the front line and work in the public interest.
Belgian ports stop servicing Russian-flagged ships
Starting April 17, in line with the fifth package of sanctions imposed by the European Union over Russia’s aggression against Ukraine, all seaports in Belgium will suspend servicing commercial vessels flying a Russian flag, with certain exemptions remaining in place, laid down in the EU decision.
16 April 2022
In Ukraine, damage to educational facilities affected in Russian strikes amounts to over $5B
As a result of full-scale Russian aggression, more than a thousand educational facilities across Ukraine were damaged or completely destroyed.
Electricity tariffs not to be raised for six months for 80% of consumers
Electricity tariffs for Ukrainian households consuming under 250 kWh per month will not increase for the next six months.
President: Sowing campaign started in all regions of Ukraine
The sowing campaign has started in all regions of Ukraine, including Luhansk and Donetsk regions.
Ukravtodor: 240 km of roads cleared in liberated areas
A total of 240 kilometers of roads have been cleared in Ukrainian regions liberated from Russian invaders.
15 April 2022
Ukraine’s energy minister praises Poland for dropping Russian coal
Minister of Energy of Ukraine German Galushchenko has welcomed Poland's decision to abandon coal supplies from the Russian Federation and Belarus, as well as to ban these nations’ transit via its territory.
Britain to pump up gas supplies to EU - media
Britain will have enough gas supply to meet demand from April to September, and will even ship more gas to Europe due to low storage levels there.