Economy

Anti-graft watchdog raids companies involved in defense supplies

Anti-graft watchdog raids companies involved in defense supplies

Detectives from the National Anti-corruption Bureau conducted searches in private companies related to the supply of defense industry products, within the framework of criminal proceedings regarding the possible grave embezzlement of budget funds in defense procurement.

05 October 2023

Ukraine ‘pauses’ WTO lawsuit regarding grain case

Ukraine ‘pauses’ WTO lawsuit regarding grain case

Ukraine has ‘paused’ a lawsuit filed with the World Trade Organization (WTO) against certain Member States of the European Union and continues consultations in order to find a constructive solution to the ‘grain issue’, which would meet the interests of neighboring countries and Ukraine itself.

Ukraine's GDP to grow by 3.5% this year - World Bank

Ukraine's GDP to grow by 3.5% this year - World Bank

The World Bank says that despite the Russian invasion, Ukraine's economy is showing signs of moderate recovery due to more reliable electricity supplies and steady receipt of aid from Western powers. This year, GDP is expected to grow by 3.5%.

04 October 2023

EBRD notes importance of continuous support for Ukraine

EBRD notes importance of continuous support for Ukraine

A sustained high level of support for Ukraine is a key challenge ahead, the European Bank for Reconstruction and Development(EBRD) said on Monday, October 2, after further military funding was excluded from a U.S. congressional budget deal.

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