In 2021, the expenditures on road works in Ukraine totaled UAH 106 billion, showing a five-fold increase compared to projections in 2019.
The pace of construction of roads and bridges within the Great Construction project will not slow down as it is planned to spend 140 billion UAH next year.
In January-November 2021, PJSC Ukrnafta paid UAH 13.18 billion (almost US$484 million) in taxes to the budgets of all levels.
Forty percent of Ukraine’s main road network have been renovated for two years of the Great Construction project implementation.
Revenues to the state budget from the lease of state assets since the beginning of the year reached UAH 1.6 billion (US$58.7 million), which is 23% more than in 2020.
In 2022, within the framework of the Big Construction Program, modernization will begin of international checkpoints on the Ukrainian borders.
23 December 2021
At the meeting on December 23, the Cabinet of Ministers of Ukraine approved a series of documents to bring Ukraine closer to integration into European markets and implementation of EU’s best practices of the European Union.
The Cabinet of Ministers of Ukraine has extended the trade embargo on Russian goods for one year, until January 1, 2023.
Russian President Vladimir Putin claims that gas prices on the European spot market are rising including due to the reverse supply to Ukraine – from Germany through Poland.
This year, Ukraine has saved UAH 45 billion thanks to transparent auctions on the ProZorro public procurement system.
Gas TSO of Ukraine and FGSZ, Hungary’s gas transmission system operator, have concluded an agreement for the supply of a guaranteed volume of natural gas from Hungary to Ukraine starting January 1, 2022.
22 December 2021
President’s Office: Electricity and gas tariffs for population will not increase until heating season ends
An increase in gas supply and distribution tariffs at the level of inflation and an increase in electricity tariffs for regional power companies will not affect the prices of these energy resources for the population.
National Joint-Stock Company Naftogaz of Ukraine has appealed to the European Commission over the abuse of a dominant position in the European gas market by Russia’s Gazprom.
The Government continues making efforts to attract investors to the implementation of public-private partnership projects.
The Government’s priorities in the area of economic diplomacy remain constant: assisting Ukrainian exporters and attracting foreign investment to Ukraine.
The Committee of the Verkhovna Rada of Ukraine on National Security, Defense, and Intelligence has approved for the Ministry of Defense a three-year procurement plan, for 2022-2024, which includes almost 500 items.
Ukraine will complete the 2021 harvest of cereals, legumes, and oilseeds with a record of more than 106 million tonnes.
21 December 2021
The Ministry of Foreign Affairs presented a new online platform NAZOVNI for diplomats to consult business and support Ukrainian exporters.
President of Ukraine Volodymyr Zelensky points out the need to expand free trade agreements with the European Union, Canada, and Israel, and expects to sign FTA with Turkey early next year.
Denys Shmyhal: I want to believe that business will see the government’s work on changing the investment climate
The prime minister has named the top six tasks toward economic growth
The State Service of Ukraine on Food Safety and Consumer Protection addressed the European Commission's Directorate-General for Health and Food Safety with a proposal to consider the possibility of launching Ukrainian potato exports to the European Union.
Trade between Ukraine and Poland in 2021 will exceed $10 billion for the first time ever, Ihor Baranetsky, head of the economic affairs department at the Ukrainian Embassy in Poland, has told Ukrinform.
The Ministry of Reintegration of the Temporarily Occupied Territories of Ukraine has selected two infrastructure projects in Mykolaiv region that will be funded under a framework agreement with Denmark.
In January-November 2021, the foreign trade turnover of agricultural products and foodstuffs increased by 22% compared to the corresponding period of 2020, reaching $31.3 billion.
20 December 2021
The Ukrainian Finance Ministry and the World Bank have signed an agreement on a EUR 300 million loan to continue the implementation of projects in the field of economic recovery, the ministry's press service has said.
In 2021, the Ministry of Foreign Affairs together with the State Food and Consumer Service opened or restored access to foreign markets for 81 groups of Ukrainian goods in 21 countries, as well as helped more than 200 Ukrainian companies start exporting goods or operating abroad.
The Ministry of Infrastructure of Ukraine and the Danish Ministry of Defense signed a Memorandum of Cooperation to develop and strengthen Ukraine's maritime potential.
The complex security situation caused by Russia's military build-up around Ukraine and the migration crisis on the EU's border with Belarus is accompanied by a surge in energy prices, which the EU sees as Russia's attempt to use energy as a tool to exert political pressure on the European Union.
The strategic dimension of Ukraine–Turkey cooperation gains an increasing practical implementation at the level of business cooperation, which is moving from mutual supply of goods and services to the level of joint ventures involving Turkish business.