Economy ministry expects Ukraine’s GDP to rise by 4% at year end
At the end of 2024, Ukraine’s gross domestic product (GDP) is expected to increase by 4%, of which 0.64% has been provided by the Made in Ukraine economic policy.
Economy
26 December 2024
Blackout schedules to be in effect on Friday from 08:00 to 17:00 - Ukrenergo
Hourly power outages for household consumers on Friday, December 27, are scheduled from 08:00 to 17:00.
Ukraine received about USD 1.2B from Japan - PM
Ukraine has received about USB 1.2 billion from Japan through World Bank projects.
Czech company Škoda JS hands over eight new drives to Rivne NPP
The Czech company, Škoda JS, which is part of ČEZ Group, has delivered eight new drives for reactors at Rivne Nuclear Power Plant (NPP).
25 December 2024
Japan to provide Ukraine with $3B from frozen Russian assets
Ukrainian President Volodymyr Zelensky had a phone call with Japanese Prime Minister Shigeru Ishiba during which he thanked him for Japan's decision to transfer another $3 billion to Ukraine, secured by frozen Russian assets.
Cleaning up Black Sea after fuel spill could take decade, Russian officials say
Cleaning the Black Sea and its coastline from fuel oil spilled as a result of the recent accident involving Russian tankers in the area of the Kerch Strait could take up to 10 years.
Russian missile attack: emergency responders put out fire at critical infrastructure facility in Prykarpattia
In Ivano-Frankivsk region, first responders extinguished a blaze that broke out as a result of a Russian strike targeting a critical infrastructure facility.
Russians attack thermal power plants, equipment seriously damaged
Russian missiles attacked DTEK thermal power plants across Ukraine in the early morning of December 25, seriously damaging equipment at a number of thermal power plant.
Russians massively attacking Ukraine’s energy infrastructure - minister
Russian missiles once again target critical energy infrastructure across Ukraine.
Ukraine introduces emergency blackouts amid Russian missile attack
Due to the ongoing massive missile attack on the territory of Ukraine, measures to limit electricity consumption have been put in place.
Government endorses strategy to develop border infrastructure with EU, Moldova until 2030
The Cabinet of Ministers of Ukraine has approved the Strategy for the Development and Construction of Border Infrastructure with EU countries and the Republic of Moldova until 2030.
Ukraine, China to enhance agricultural cooperation
Ukrainian Agrarian Policy and Food Minister Vitalii Koval and newly-appointed Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Ukraine Ma Shengkun have discussed the opening of new export markets and the construction of agricultural processing enterprises using Chinese technologies.
24 December 2024
Profits from frozen Russian assets: Ukraine receives from U.S. first $1B of pledged $20B
Ukraine has received from the U.S. $1 billion, secured by profits from frozen Russian assets.
IAEA records damage to substations critical to NPP operation over Russian attacks
The IAEA mission assessed the damage sustained as a result of Russian attacks in November and December on energy infrastructure facilities that are critical for delivering nuclear power plants' capacity to consumers and ensuring the powere supply to cover NPP power units' own needs.
Biden may impose new major sanctions on Russia's energy sector - media
U.S. President Joe Biden is considering introducing new serious sanctions against Russia's energy sector in the last weeks of his term in office.
Honorary Consul of Ukraine in the Netherlands: Russia earns EUR 7B from fish sales, sanctions needed
Russia earns EUR 7 billion annually from the sale of fish, of which EUR 1.5 billion comes through the Netherlands, so the West needs to strengthen sanctions against Russia's fishing industry to strike a blow to the Russian economy.
Some 130 young families to obtain housing under preferential lending programme by year end
By the end of 2024, some 130 young families will obtain housing under the preferential youth lending programme. For this purpose, about UAH 240 million has been allocated this year.
Mortgage lending under eOselia programme cut by third – NBU
Mortgage lending under the eOselia [eHousing] programme has slowed down, while the number of mortgage loans outside the programme remains minimal.
23 December 2024
Ukraine cancels emergency blackouts
Ukraine’s energy grid operator has canceled emergency electricity shutdown restrictions, introduced in three regions earlier today.
Ukraine receives $1.1B from IMF to direct money for critical budget expenditures - Shmyhal
Ukraine has received a $1.1 billion tranche from the International Monetary Fund.
Export season 2024/25: How much grain, oilseed crops Ukraine plans to sell
In accordance with the forecast balance between supply and demand for grain and oilseed crops in the marketing year 2024/2025, Ukraine is planning to export around 46.9 million tonnes of them.
22 December 2024
Electricity supply restored to over 9,000 households in past day
In Ukraine, energy repair teams restored power supplies to 9,290 consumers who had found themselves in blackout as a result of hostilities in the past day.
Orban says Hungary in talks with Ukraine, Russia on gas supplies
Hungarian Prime Minister Viktor Orban has said that Budapest is in talks with Russia and Ukraine on keeping open gas shipments via Ukraine even though its Russian gas imports now come via the Turkstream pipeline.
21 December 2024
New Nyzhankovychi-Malhowice checkpoint to ease border traffic - Ukrainian ambassador
The opening of the Nyzhankovychi-Malhowice checkpoint on the Ukrainian-Polish border will significantly ease pressure on neighboring checkpoints.
IMF approves new $1.1B tranche for Ukraine
Following Friday's meeting on the sixth review of the Extended Fund Facility for Ukraine, the IMF Executive Board decided to allocate for Ukraine the next tranche worth $1.1 billion.
IMF predicts significant improvement in Ukraine's GDP in 2026-2027
The International Monetary Fund confirmed the outlook for Ukraine's GDP growth at 4% this year and 2.5-3.5% next year, but also predicted a significant improvement in 2026 and 2027 – to 5.3% and 4.5%, respectively.
Odesa region gathers first commercial sweet potato harvest
In the Odesa region’s Bilhorod-Dnistrovskyi district, farmers have completed the harvesting of sweet potatoes from an area of seven hectares.
20 December 2024
Lithuania to provide EUR 10M this year to implement ‘Danish model’ in Ukraine – PM Shmyhal
This year, Lithuania will provide EUR 10 million to implement the “Danish model,” which involves investing in the production of military equipment in Ukraine.
Lithuania ready to invest in Ukraine's Palianytsia missile-drone production
Lithuania has expressed its readiness to invest in the production of Ukraine's Palianytsia missile-drone, a part of the country's long-range capabilities program.