Economy Ministry expects exports to grow by 9% in 2024
Exports of goods and services from Ukraine are expected to grow by 9% in 2024.
Economy
Ukraine exports almost 19M t of grains, pulses
In the 2023/2024 marketing year (MY) (from July 1 to January 5, 2024), Ukraine exported 18.999 million tons of grains and legumes.
05 January 2024
Ministry of Finance presents five key areas for reform of SCS
As part of the administrative reform of the State Customs Service (SCS), a number of important measures are planned to be taken to institutionally strengthen the customs authorities.
There are 2000 trucks in queues at border of Ukraine and Poland
There are 2,000 trucks queued up on the border of Ukraine and Poland.
Japan to provide Ukraine with biofuel production technology - Kyodo
Japan plans to provide Ukraine with biofuel production technology to support the country's recovery efforts after the war with Russia.
04 January 2024
Ukrainian economy exhibited some resilience to effects of war in 2023 - UN report
The Ukrainian economy demonstrated a marginal recovery in 2023 from the earlier 29.1% contraction, growing by an estimated 4.6%.
NACP adds Viciunai Group to list of war sponsors
The National Agency for Corruption Prevention (NACP) has added the seafood producer and supplier Viciunai Group, known as Vici, to the list of international sponsors of war.
Export revenues in 2023 lowest in last decade - Economy Ministry
Last year, export revenues reached one of the lowest levels in the last decade, which was the result of logistics problems.
Poland says embargo on imports of Ukrainian products indefinite
The embargo on Ukrainian products will be indefinite - until a separate order to lift it.
In Dorohusk, waiting time to cross border about ten days
The waiting time for trucks to cross the border in the Lublin Voivodeship near the Hrebenne-Rava Ruska checkpoint is more than three days, and at the Dorohusk-Yahodyn checkpoint - about ten days.
Preventing IAEA access to part of ZNPP may be attempt to hide real situation at plant - Energoatom
President of Energoatom Petro Kotin believes that the denial of access to the reactor halls of the Zaporizhzhia nuclear power plant to IAEA experts is an attempt by the Russians to conceal the true situation at the plant.
Over 2,000 trucks remain queued up on Poland-Ukraine border
More than 2,200 trucks have piled up in lines at the crossing checkpoints on the border between Poland and Ukraine.
Polish farmers block border with Ukraine at Medyka until Feb 3
On Thursday morning, Polish farmers resumed the blockade of truck traffic near the Medyka-Shehyni checkpoint. It is expected to last until February 3.
Truck traffic opposite Medyka-Shehyni checkpoint blocked again
Truck traffic opposite the Medyka-Shehyni checkpoint is blocked again.
Last year, 208K ha of land returned to agrarians for use - Economy Ministry
In 2023, sappers of the State Emergency Service, the State Transport Special Service, and private operators surveyed 274,000 hectares of agricultural land, 208,000 hectares of which have already been transferred to farmers.
03 January 2024
Backup power supply ensured at Russia-occupied Zaporizhzhia NPP - IAEA
The Zaporizhzhia nuclear power plant specialists took measures to ensure the supply of backup power in the event of the breach at the main external power line, as happened repeatedly since the full-scale invasion.
Viktor Mykyta, Head of the Zakarpattia Oblast Military Administration
Three new checkpoints should be opened in Zakarpattia to mitigate losses caused by the border blockade.
Polish farmers resume blockade of border with Ukraine in Medyka
Polish farmers, despite assurances from the Polish government that their demands would be met, decided to resume the blockade of the road for truck traffic near the Medyka-Shehyni checkpoint.
One of key gov't tasks is to use frozen Russian assets for Ukraine's recovery - PM
In 2024, one of the key tasks of the authorities and the government is to direct the assets of the Russian Federation frozen in the West to the restoration of Ukraine.
EU sanctions target Russia’s Alrosa, world’s largest diamond mining company
The European Council released a statement on additional restrictive measures against one Russian person and one Russian entity institutions in connection with the ongoing aggression against Ukraine as part of a blow to Russia’s diamond business.
Energy consumption on rise in Ukraine as temperatures drop - operator
As winter cold kicked in and the holiday period ended, electricity consumption in Ukraine is increasing.
Ukraine needs over $37B in external financing this year
In 2023, Ukraine attracted $42.6 billion in external financing, while the need for the year 2024 stands at more than $37 billion.
Ukraine allocating for defense UAH 1.1 tn from last year’s revenues - PM
The Cabinet of Ministers will allocate more than UAH 1.1 trillion from last year's budget revenues to the security and defense sector.
Over 2,700 trucks waiting in lines at borders of Ukraine
On the border between Ukraine and Poland, traffic continues to be blocked at three checkpoints, with 1,530 trucks queuing up.
Poland not to lift ban on imports of Ukrainian grain for now - minister
The new government of Poland will not lift the ban on imports of Ukrainian grain to the domestic market, introduced on September 15, 2023.
State budget raises UAH 1.13T from external sources in 2023 – Finance Ministry
In 2023, the general fund of the state budget raised UAH 1.13 trillion (or $30.9 billion) from external sources, according to the Finance Ministry.
EIB provides €1.7B in aid to Ukraine since full-scale war - Kubrakov
Since the beginning of the full-scale invasion, the European Investment Bank has provided Ukraine with €1.7 billion in financial assistance, which was primarily aimed at emergency repairs of the destroyed infrastructure.
Ukraine exports almost 18.4M t of grains, pulses
In the 2023/2024 marketing year (MY) (from July 1 to January 2, 2024), Ukraine exported 18.393 million tons of grains and legumes.
02 January 2024
Poland continues to block border with Ukraine at three checkpoints
About three thousand trucks are queuing at the border between Ukraine and Poland. The directions of three checkpoints are being blocked.