Ukraine receives EUR 4.2B tranche from EU
Ukraine has received EUR 4.2 billion from the European Union under the Ukraine Facility program. The funds will be used for the social and humanitarian spheres.
Economy
Government endorses national renewable energy action plan until 2030
The Cabinet of Ministers has approved the National Renewable Energy Action Plan to increase the share of renewable energy in gross final consumption to 27% by 2030.
Foreign traders pumping gas into Ukrainian storage facilities as usual – Naftogaz
Ukrainian underground storage facilities are operating as usual with regard to the injection and withdrawal of natural gas, including by foreign traders.
Until Ukraine regains control of ZNPP, high risk of accident persists – MFA Estonia
Estonia’s Foreign Minister Margus Tsakhna, commenting on reports of a fire at the Zaporizhzhya NPP temporarily occupied by the Russians, said the risk of an accident at the site remains a “dire reality” until Ukraine regains control of the facility.
12 August 2024
Ukraine’s public debt gets more than 10% cheaper since year-start - finance ministry
During the second quarter of 2024, the state and state-guaranteed debt of Ukraine increased by UAH 243.7 billion in hryvnia equivalent, and by $1.1 billion in dollar equivalent. At the same time, since the beginning of the year, the cost of debt servicing has dropped by over 10%.
No radioactive emissions recorded at ZNPP – Ukraine's energy ministry
No emissions of radioactive substances were recorded due to a fire at the cooling tower of the temporarily occupied Zaporizhzhia Nuclear Power Plant (ZNPP).
No power outages expected today – Ukrenergo
No power outages are expected to be applied in Ukraine on Monday, August 12.
Russian economy may not survive transition to peacetime format - media
Stopping the war could plunge Russia into a deep economic crisis, which the nation would not be able to tackle on its own.
11 August 2024
Ukraine’s finance minister calls on West to pace up provision of $50B loan
Finance Minister Serhii Marchenko called on Western allies to speed up the allocation to Ukraine of a $50 billion loan, arguing that delays in arms deliveries have led to a rising budget deficit.
10 August 2024
Energy Ministry expects no significant power outages across Ukraine in coming days
The Ministry of Energy believes no major power shutdowns should be expected in Ukraine in the coming days.
Last day, emergency power supply from Poland was used - MoE
In Ukraine, as of the morning of 10 August, 491 settlements remain without electricity due to hostilities and technical violations, and power companies have restored electricity supply to 4,713 more consumers.
Anti-graft bodies strengthen cooperation in asset recovery
A joint order signed by the Asset Recovery and Management Agency (ARMA) and National Corruption Prevention Agency (NACP) No. 267/198/24 has entered into force, laying down the procedure for cooperation between the two forces in locating illicitly obtained assets abroad.
Ministry of Social Policy drafting bill introducing basic social assistance
The Ministry of Social Policy is finalizing work on a draft law proposing to introduce basic social assistance to replace the subsistence minimum.
Public debt restructuring: Ukraine announced exchange offer for Eurobonds
On August 9, 2024, Ukraine announced an exchange offer and consent solicitation regarding for its existing sovereign Eurobonds and Ukravtodor guaranteed Eurobonds.
Ukraine already harvests over 30.6M tonnes of grain, oilseed crops
As of August 9, 2024, more than 30.6 million tonnes of the new-harvest crops were gathered across Ukraine.
09 August 2024
U.S. ambassador: 2,290 ships departed Ukraine’s Black Sea ports over one year
In just one year, 2,290 vessels left Ukraine’s Black Sea ports carrying 63 million tonnes of cargo.
Ukraine saves UAH 3.3B on purchase of drones – ministry
Due to the cooperation of the Ministry of Digital Transformation, the National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAPO), more than UAH 3.3 billion of public funds were saved on the purchase of unmanned aerial vehicles.
Gas transit via Ukraine proceeds with no interruptions - operator
Despite the developments near Sudzha in Russia’s Kursk region, gas transit to European customers proceeds as usual.
Ukraine’s gas transmission system passes two independent stress tests - operator
The Ukrainian gas transmission system successfully passed independent stress tests in 2023 and 2024, where a transit halt was simulated.
Taras Kachka, Ukraine’s Trade Envoy to the EU
Our export-import trade situation has stabilized, logistics has been set up in place
No power outages expected on Friday - Ukrenergo
No power outage schedules are expected to be applied in Ukraine on Friday, August 9.
Ukroboronprom listed among Top 50 defense companies in the world
In 2023, Ukrainian Defense Industry JSC (Ukroboronprom) generated 72% more in revenues from product sales compared to 2022, which made the company a growth leader among the global arms manufacturers.
Finance ministry presents its vision of customs reform to G7 Ambassadors
Ukrainian Finance Minister Sergii Marchenko and Finance Deputy Minister for European Integration Yurii Draganchuk have presented their vision and plans regarding the further implementation of customs reform to the Ambassadors and representatives of the missions of the G7 countries in Ukraine.
08 August 2024
Galushchenko, U.S. Congress delegation discuss protection of energy facilities in Ukraine
Ukraine’s Minister of Energy German Galushchenko met with a delegation of the U.S. Congress to discuss preparations for the heating season and the protection of energy facilities in Ukraine.
Finance Ministry attracts over $93B in budget support from int’l partners since invasion
The Ministry of Finance of Ukraine has attracted more than $93 billion in budget support from international partners since February 2022 when Russia went for a full-scale incursion into Ukraine.
Ukraine, Mauritius to work on investment protection and double taxation agreements
Ukraine and Mauritius have agreed to start working on bilateral agreements to protect investments and avoid double taxation.
ARMA announces competition for bulk carrier’s manager
The Ukrainian Asset Recovery and Management Agency (ARMA) is looking for a manager to administer the seized bulk carrier, EMMAKRIS III, which is staying at the Port of Chornomorsk.
Ukrainian tech startups attract EUR 2M in investments from Seeds of Bravery
Fifty-nine Ukrainian tech companies will receive grants worth EUR 2 million from Seeds of Bravery.
07 August 2024
Ukrainian Energy Ministry, Brazilian parliament representatives discuss energy cooperation
Deputy Energy Ministers of Ukraine Svitlana Hrynchuk and Roman Andarak and representatives of the Chamber of Deputies of the National Congress of Brazil discussed prospects for the development of energy cooperation, with a particular focus on renewable energy sources.