In 2023, the management of Naftogaz of Ukraine NJSC is planning to implement an ambitious plan and avoid natural gas imports by ramping up domestic production in order to meet the country’s needs, even amid the Russian invasion.
23 February 2023
Head of the President’s Office Andriy Yermak has announced a sanctions forum in Kyiv.
President Volodymyr Zelensky discussed the issue of food security with President of Egypt Abdel Fattah El-Sisi.
Spain will allocate EUR 4.4 million to the Grain from Ukraine initiative together with the World Food Program.
The Group of Seven (G7) nations have increased their commitment of financial support to Ukraine in 2023 to $39 billion.
Ukraine expects to start discussing in the coming weeks a full-fledged financial program with the support of the International Monetary Fund.
Over the first two months of 2023, Russia has spent almost half of its annual defense budget so, in order to continue the war against Ukraine, will be forced to cut funding for social programs, which is seen as an undesirable step on the eve of the 2024 elections.
Ukraine seeks to attract private investment in the economy even before the war ends, and to this end it is necessary to introduce comprehensive war risk insurance for both foreign and domestic entrepreneurs.
The Government of the United Kingdom extends temporary liberalisation of all tariffs for imports from Ukraine until early 2024.
The National Agency on Corruption Prevention of Ukraine (NACP) put Auchan French retail group on the list of international sponsors of war.
In Zhytomyr, the first phase of the waste processing plant started operating.
Ukrainian Prime Minister Denys Shmyhal has called on the heads of regional military administrations to draft regional recovery projects as quickly as possible.
The Group of Seven nations plan to resolve by the end of March the issue of supporting Ukraine with the funds of the International Monetary Fund.
Since the outset of the full-scale war, UAH 1.9 trillion worth of damage was inflicted on the environment across Ukraine.
Thanks to sea exports from Ukraine, 43 countries have received more than 22 million tonnes of food products from Ukraine.
22 February 2023
Andriy Yermak, the head of the Office of the President of Ukraine, has said that the Initiative on the Safe Transportation of Grain and Foodstuffs from Ukrainian ports is an important project for the country and the whole world and expressed hope that it would be extended.
Ukraine's gas producer Ukrgasvydobuvannya has received equipment from EQT Corporation, a leading U.S. natural gas producer, for the restoration of the damaged oil and gas production infrastructure.
Ukraine needs an additional $10 billion in financing to cover its budget needs in 2023 and to start the reconstruction of the economy.
In January 2023, Ukraine's trade turnover totaled $7.9 billion, down 35% compared to the corresponding period in 2022.
A legal solution for the use of Russian assets that have been frozen in EU countries for the recovery and reconstruction of Ukraine may take a long time, but Ukraine expects that such solutions at the legislative level can be found quickly.
Ukraine is counting on economic growth already this year and intends to continue cooperation with partners on solving key issues, including business security, logistics, and attracting foreign investment.
President Volodymyr Zelensky of Ukraine signed two laws streamlining y the import of unmanned aerial vehicles and a number of other war-related goods into the territory of Ukraine.
This week, Ukraine will appeal to Türkiye and the United Nations to start negotiations on extending the Black Sea Grain Agreement for at least 12 months to include the ports of Mykolaiv.
The government of Ukraine is working to create conditions for the return to the country of more than 4.6 million citizens who were forced to flee the war and remain abroad, because without their participation it would be difficult to solve the task of restoring and rebuilding the country after the end of the war.
Ukraine may curb the production of agricultural products and food this year as more than 2.6 million hectares of farmlands require demining due to Russian aggression.
The Government of Finland allocates another EUR 5 million to the World Food Program (WFP) to support the implementation of the Black Sea Grain Initiative.
The Biden administration is expected to impose a new package of sanctions on about 200 Russian individuals and legal entities this week.
21 February 2023
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva praised the stability of the Ukrainian economy amid Russia’s full-scale invasion and assured Ukraine of the Fund's firm support in the future.
This year, Ukraine needs another $17 billion for the rapid reconstruction of energy, critical, and housing infrastructure, as well as economic recovery.