Ukraine allocates UAH 131B for security and defense in Jan 2025
In January 2025, Ukraine allocated UAH 131 billion from the state budget for the security and defense sector.
Economy
25 February 2025
Financial, military, humanitarian aid: Shmyhal reveals how much Ukraine expects from partners this year
Ukrainian Prime Minister Denys Shmyhal has said that this year, Ukraine will receive various types of assistance totaling EUR 8 billion from the European Union, Norway, and Spain, and an additional $10.6 billion from the United Kingdom and Canada. Furthermore, Finland, Sweden, Denmark, Iceland, and the Baltic States will also contribute to Ukraine's resilience.
World Bank says Ukraine's agricultural sector suffered $11.2B in direct war-related losses
According to World Bank experts, Ukraine's agricultural sector has suffered direct losses amounting to $11.2 billion due to the full-scale invasion.
Power supply restrictions in Odesa region due to Russian attacks
Power supply restrictions have been put in place following Russian attacks on energy infrastructure in the Odesa region.
NBU updates list of critical payment infrastructure entities in Ukraine
While performing an oversight based on the monitoring activity results in 2024, the National Bank of Ukraine (NBU) has determined a list of critical payment infrastructure entities in Ukraine.
Three-quarters of Ukrainian businesses continue full operation despite war – EBA survey
Among the member companies of the European Business Association (EBA), 75% are operating at full capacity, and the great majority of entities are not planning to wind down operations even amid ongoing hostilities.
24 February 2025
Ukraine to receive EUR 3.5B from EU in March - von der Leyen
Ukraine will receive EUR 3.5 billion from the EU in March 2025, according to European Commission President Ursula von der Leyen.
Finland provides EUR 4.5M to support Ukraine
Finland supports the second phase (2025–2027) of the Partnership Fund for a Resilient Ukraine (PFRU) with a total of EUR 4.5 million.
23 February 2025
Critical materials worth $350B located in occupied Ukrainian territories – Svyrydenko
Critical materials worth approximately $350 billion are located in the temporarily occupied territories of Ukraine, a significant portion of which could be used by Russia in aviation, defense, and medical industries.
PM Shmyhal outlines five key areas of focus for Ukrainian government
To endure the upcoming fourth year of Russia's full-scale invasion of Ukraine, it is essential to maintain unity within Ukrainian society and consolidate international partners around the country, according to Prime Minister Denys Shmyhal.
Ukraine received $115B in direct budget support from partners over past three years – Svyrydenko
Over the three years of the full-scale war, Ukraine has received $115 billion in direct budget support from international partners, including $30 billion from the United States.
22 February 2025
Lublin Triangle Business Forum to be held in Warsaw in March
On March 14, Warsaw will host an economic forum in the format of the Lublin Triangle (Ukraine, Poland, and Lithuania). It will be preceded by a meeting of the Intergovernmental Commission on Economic Cooperation between Ukraine and Poland on March 13.
NBU timely fulfils structural benchmarks under IMF program – Pyshnyy
The National Bank of Ukraine (NBU) has timely fulfilled structural benchmarks under the Extended Fund Facility (EFF) Arrangement with the International Monetary Fund (IMF).
First Ukrainian edtech company joins global IT fund Endeavor
Ukrainian education startup Headway has joined the Endeavor IT community, which includes global brands such as Glovo, Amazon, LinkedIn, and others.
21 February 2025
Sybiha discusses nuclear security with IAEA Director General
During a conversation with IAEA Director General Rafael Grossi, Foreign Minister Andrii Sybiha has stressed that a strong international reaction is crucial to stop Russia's nuclear blackmail.
Government earmarks almost UAH 8B more for drone purchases
The Cabinet of Ministers of Ukraine has approved a decision to allocate another UAH 7.9 billion for drones to be purchased by the State Service for Special Communications and Information Protection.
Shmyhal: Russia wants to leave Ukraine without its own gas, attacking facilities almost every day
Russia does not stop in its attempts to leave Ukraine without its own gas, firing missiles at production facilities almost daily.
Power supply restrictions for industry, business in effect on Feb 21 – Ukrenergo
On Friday, February 21, power limitation schedules for industry and business are being enforced from 6:00 to 20:00.
Deputy PM Chernyshov to IMF mission: departure of millions of Ukrainians becomes serious challenge for economy
Ukraine’s Deputy Prime Minister and Minister of National Unity Oleksii Chernyshov met with the IMF mission led by Gavin Gray to discuss support mechanisms for the integration and social adaptation of Ukrainians abroad.
Mercy Corps to continue support for Ukrainian agricultural producers
The representatives of the Ukrainian Agrarian Policy and Food Ministry have held a meeting with a delegation of the global humanitarian aid organization, Mercy Corps, to discuss further cooperation, namely grant assistance to agricultural producers.
20 February 2025
U.S. treasury secretary signals possible sanctions relief for Russia
U.S. Treasury Secretary Scott Bessent signaled that sanctions relief for Russia could be on the table in talks over the Ukraine war, saying the U.S. is prepared to either ramp up or take down penalties based on Russia's willingness to negotiate.
Grain varieties nearly lost during Russia’s occupation of Kherson region restored in central Ukraine
The Institute of Steppe Agriculture of the National Academy of Agrarian Sciences of Ukraine (NAAS) helped to restore the seed materials that could have been lost completely due to Russia’s occupation of the Kherson region.
U.S. considering signing simplified minerals deal with Ukraine – Reuters
The Trump administration may seek to strike a simplified minerals deal with Ukraine to get a pact in place quickly and later negotiate detailed terms, such as how much of Ukraine's vast resources the U.S. would own.
Russia attacks Ukraine's gas infrastructure – energy minister
On the night of February 20, Russian forces launched another attack on Ukraine's gas infrastructure.
Ukraine already exports 28M tonnes of grain, leguminous crops
Since the beginning of the marketing year 2024/2025, Ukraine has exported 27.99 million tonnes of grain and leguminous crops.
Markarova highlights five key sectors for strengthening U.S.-Ukraine cooperation
Ukraine can offer the United States effective cooperation in five key sectors, including agriculture, defense, energy, mining and processing of natural resources, and digitalization.
Minister Koval: Ukrainian producers willing to export cattle to Türkiye
Ukraine and the Republic of Türkiye are planning to expand agricultural trade cooperation, and a corresponding meeting is being prepared at the level of ministries, agencies and business representatives.
19 February 2025
Minister Galushchenko: Ukraine may resume transit of gas but not Russian one
Ukraine may resume the transit of gas but not that of Russian origin.
UAE businesses ready to enter Ukrainian market – Minister Koval
Companies from the United Arab Emirates (UAE) are ready to invest in the production of processed products, grain transshipment, and the development of ports.