Over 3.5M ha of grains, pulses sown in Ukraine
In Ukraine, as of the first half of May, farmers have already sown 3.587 million hectares of grains and pulses.
Economy - Latest news
12 May 2023
Some consumers without power in six regions of Ukraine
As of May 12, 2023, a mine in Donetsk region was de-energized due to shelling by Russian invaders. Some consumers in six regions are also without power.
Inflation slows to 17.9% yoy in April - NBU
In April 2023, annualized consumer inflation slowed to 17.9% from 21.3% in March, thanks to a substantial supply of food, sufficient fuel reserves, and improved inflation and exchange rate expectations.
IMF expects “critical legislative changes” in Ukraine
Director of the IMF's Communications Department, Julia Kozak, confirmed the Fund's expectations regarding the adoption of important legislative changes in Ukraine in the coming months aimed at reforms and tackling corruption.
Two more autonomous trolleybuses assembled in Vinnytsia
Two more new VinLine trolleybuses with the option of autonomous operation, assembled by specialists of the Vinnytsia Transport Company, have been launched in Vinnytsia.
Unemployment rate in 2022 estimated at 21.1% - NBU
In the second half of 2022, the situation in the labor market improved, which allowed for adjusting the unemployment rate from 25.8% to 21.1%.
11 May 2023
Ukraine could replace Russia, Belarus on world timber market - deputy chief of Zelensky’s Office
Russia and Belarus timber suppliers are being pushed out of world markets. Ukraine has a chance to take their place, which will create an industry with a turnover of up to $10 billion and tens of thousands of jobs.
IMF urges parties to take all measures needed to extend "Grain Initiative"
The International Monetary Fund considers it very important in the global context to continue the Black Sea Frain Initiative, which the Russian Federation is trying to disrupt, weaponizing food supplies.
No agreement on extending grain deal, negotiations continue
Two days of talks on the Black Sea Grain Initiative at the level of deputy defense ministers concluded in Istanbul. It was agreed to continue negotiations in the same format soon, as well as to return the ships and crews that were forced to stay in Ukraine.
IMF plans to review program for Ukraine in May
The International Monetary Fund (IMF) plans to conduct the first review of the Extended Fund Facility (EFF) program for Ukraine in the second half of May.
Ukraine puts 25 global companies on list of international war sponsors
Since Russia's full-scale invasion of Ukraine, the National Agency on Corruption Prevention (NACP) has included 25 big companies in the list of international sponsors of war.
Black Sea grain deal can be extended for at least two months - Çavuşoğlu
The agreement on the grain corridor in the Black Sea may be extended for at least two more months.
Moldova chooses not to restrict agricultural imports from Ukraine
Currently, the Republic of Moldova is not planning to impose restrictions on grain and oilseed imports from Ukraine.
U.S. Attorney General authorizes first transfer of forfeited Russian assets for use in Ukraine
U.S. Attorney General Merrick Garland has authorized the first transfer of forfeited Russian assets for use in Ukraine.
10 May 2023
U.S. State Dep’t notes “urgent need” to extend Black Sea Grain Initiative
The U.S. Department of State stressed the relevance and urgent need to extend the Black Sea Grain Initiative against the backdrop of Russian attempts to thwart the effort and weaponize food supplies.
Talks on ‘grain agreement’ extension start in Istanbul
A meeting of deputy defense ministers of Türkiye, Ukraine, Russia and UN officials to discuss the operation of the "grain corridor" has started in Istanbul.
Government allocates more than UAH 47M for energy efficiency purposes
The Cabinet of Ministers of Ukraine has endorsed a decision to transfer more than UAH 47 million to the Ukrainian Communities, Territories and Infrastructure Development Ministry to implement a new government-funded energy efficiency program.
Diia launches state aid program eVіdnovlennya
Starting today, all citizens whose housing has been slightly damaged as a result of Russia's armed aggression and has not yet been repaired will be able to use the eVidnovnennya service to receive state aid to restore their homes. First of all, it is about replacing windows or doors, repairing roofs, etc.
Some consumers in six regions without electricity - Ministry of Energy
As of May 10, Russians continue to shell the energy infrastructure, leaving some consumers in six regions without power.
Solskyi: ‘Grain corridor’ is 90% blocked due to Russia's actions
The operation of the "grain corridor" is actually 90% blocked due to the actions of the Russian side.
Agri-exports from Ukraine’s seaports down by 10% in past week
On week 40 of the Black Sea Grain Initiative’s operation, May 1 through 7, some 404,000 tonnes of agricultural products were exported through the seaports of Odesa region, which is 10% below the figures recorded last week.
Canada, Poland advocate using frozen Russian assets to pay for rebuilding of Ukraine
Russian assets frozen abroad must be used to pay for the rebuilding of Ukraine.
09 May 2023
Shmyhal, von der Leyen discuss export of Ukrainian agricultural products to EU
Prime Minister of Ukraine Denys Shmyhal discussed the issue of the export of Ukrainian agricultural products to the European Union with President of the European Commission Ursula von der Leyen.
European Parliament supports duty-free trade with Ukraine for another year
At a plenary session in Strasbourg, the European Parliament voted by a majority in the first reading to extend duty-free trade with Ukraine for another year, starting June 6, 2023.
European Commission names its priority unimpeded transit of Ukrainian grain to EU
The European Commission's immediate priority is the unimpeded transit of Ukrainian grain to the European Union with the lowest possible price.
Ukraine designates Great Wall Motor as war sponsor
The National Agency on Corruption Prevention has put China’s Great Wall Motor on the list of international sponsors of the war.
Vinnytsia completes restoration of registry office damaged by rocket attack
In Vinnytsia, the registry office damaged by rocket attack on July 14 last year is being restored.
Ukraine receives EUR 189.32M from World Bank
The general fund of Ukraine’s state budget received EUR 189.32 million from the World Bank. Funds were provided on concessional terms from the International Development Association (IDA).
Mykolaiv new master plan project presented in Rome
Mykolaiv is developing a new master plan to revive the city with the support of the United Nations Economic Commission for Europe. The project was presented at a bilateral conference on the reconstruction of Ukraine in Rome.
More than 20,500 unemployed Ukrainians involved in ‘Army of Recovery’ project
As many as 20,558 unemployed people from 17 regions in Ukraine have been engaged in community service as part of the “Army of Recovery” project.