Law enforcers expose UAH180B money laundering scheme involving Kyiv-based bank
The Security Service of Ukraine, together with the Bureau of Economic Security, eliminated a large-scale scheme for laundering shadow profits of gambling businesses.
Economy
Ukraine’s power system sees no capacity deficit, although additional equipment needed - Energy Ministry
In recent weeks, the Ukrainian power system has not had a shortage of capacity, but there is still a great demand for additional equipment to ensure the stable operation of the power industry.
UN ready to act as mediator in demilitarization of Zaporizhzhia NPP - Guterres
The United Nations stands ready to offer its good offices as a mediator in the demilitarization of the Zaporizhzhia Nuclear Power Plant.
Zaporizhzhia NPP must return to Ukraine's control - Zelensky
Ukrainian President Volodymyr Zelensky and UN Secretary General Antonio Guterres have discussed the issue of ending Russia's nuclear blackmail and restoring the safety and security of Ukrainian nuclear power plants.
Zelensky, Guterres call for extension of grain deal
Ukrainian President Volodymyr Zelensky has said that together with UN Secretary General Antonio Guterres, they supported the need to extend the Black Sea Grain Initiative.
War against Ukraine will have devastating consequences for Russia’s economy – IMF chief
IMF Managing Director Kristalina Georgieva has said that due to the war in Ukraine, the economic outlook for Russia beyond 2023 is “quite devastating.”
IMF mission kicks off discussions with Ukraine on new program
The mission of the International Monetary Fund has launched discussions with the Ukrainian authorities regarding the potential cooperation program.
Shmyhal, head of IMF’s European Department talk new cooperation program
Prime Minister Denys Shmyhal of Ukraine discussed with the IMF European Department chief Alfred Kammer the launch of a new long-term program for Ukraine.
State Property Fund raises UAH 1B from privatization this year
Ukraine's State Property Fund has already held 81 privatization auctions this year and attracted UAH 1 billion from private investors. Some 65% of the funds have already been transferred to the state budget.
New-generation system of electronic payments to be launched in Ukraine from Apr 1
The National Bank of Ukraine (NBU) has determined the procedure for conducting interbank payment transactions in Ukraine in the national currency through the new-generation system of electronic payments (SEP).
Ukraine’s vineyard plantations cut by 14,000 ha over nine years – Agrarian Policy Ministry
Ukraine’s vineyard plantations have reduced by 14,000 hectares since 2014.
07 March 2023
PM Shmyhal, IDA leadership discuss projects for Ukraine restoration
Prime Minister Denys Shmyhal of Ukraine discussed with the leadership of the International Development Association projects to support Ukraine, including work on a special program for the country’s recovery.
Ukraine initiates denunciation of merchant shipping agreement with Syria
The Cabinet of Ministers of Ukraine has approved a draft law on the termination of the agreement on merchant shipping between the Government of Ukraine and the Government of the Syrian Arab Republic.
Ukraine has already received $38B in international aid - NBU
The amount of international aid provided to Ukraine as of late February 2023 has already exceeded $38 billion.
Ukraine’s foreign exchange reserves reach $28.9B as of Mar 1
As of March 1, 2023, Ukraine’s foreign exchange reserves came to $28.86 billion, having reduced by 3.5% in February 2023.
Naftogaz to discuss restructuring of Eurobond obligations with investors
Naftogaz of Ukraine NJSC is planning to present proposals to investors regarding the restructuring of obligations under Eurobonds maturing in 2022 and 2026.
DTEK solar power plants almost double electricity production
DTEK's solar power plants almost doubled electricity production in February.
Government transfers UAH 10.8B to local budgets in Feb
In February 2023, local budgets received UAH 10.8 billion in transfers from the general fund of the state budget.
Minister Galushchenko: Ukraine’s energy sector received aid from 30 countries
Ukraine has received 450 power equipment shipments, totaling 5,650 tonnes in weight, in humanitarian aid from international partners since the full-scale war started.
Prozorro.Sale auctions generate more than UAH 70B in budget revenues
Ukraine’s various-level budgets have received more than UAH 70 billion from online auctions held since the ProZorro.Sale platform was launched.
Ukraine to set up Environmental Damage Assessment Coordination Center
With the support of the United Nations Development Program (UNDP), Ukraine will create an Environmental Damage Assessment Coordination Center (EDACC), for which $6.7 million has been allocated.
Ukraine’s revenues from meat and meat products exports grow 9% in 2022 - IAE
In 2022, Ukraine exported meat and meat products worth $925 million, which is 9% more than in 2021.
06 March 2023
Ukraine's finance ministry to revise state budget for 2023
The Ukrainian Finance Ministry will soon prepare a draft of amendments to the state budget for 2023.
Ukraine's economy ministry predicts inflation will shrink to 24% at year-end
Inflation in Ukraine will reach 24% at the end of the year, Ukraine's Deputy Economy Minister Oleksii Soboliev has said.
Ukraine's exports of agricultural products grow by 14% in Feb
Ukraine exported 6.9 million tonnes of agricultural products in February 2023, or 14% more than in January 2023. The monthly export volume has returned to average figures for the last six months.
At captured nuclear plant, Russians mark equipment set to be looted
At the Zaporizhia Nuclear Power Plant, seized by Russian forces a year ago, the invaders are assessing possible withdrawal scenarios, marking the equipment that can be removed from the Ukrainian facility, which is Europe’s largest NPP.
Law enforcers raid tobacco factory in Lviv region
In Ukraine's Lviv region, detectives with the Bureau of Economic Security are conducting searches at the premises of a local tobacco factory.
Almost 8,500 unemployed Ukrainians join ‘Army of Recovery’ project
Almost 8,500 unemployed Ukrainians joined the "Army of Recovery" project, according to the Economy Ministry.
NBU sells $289.39M on interbank market last week
The National Bank of Ukraine sold $289.39 million and bought $6.55 million on the interbank foreign exchange market between February 27 to March 3.