Finance Ministry raises another UAH 17.8B from sale of government bonds
On September 24, 2024, Ukraine’s Ministry of Finance raised UAH 17.784 billion to the state budget at an auction for the placement of domestic government bonds.
Economy - Latest news
26 September 2024
25 September 2024
Joint confiscation of frozen Russian assets by Western democracies levels risks - expert
If all Western countries as a coalition confiscate frozen Russian assets, this will eliminate all risks for them.
Ukrgasvydobuvannya acquires site with gas resources of about 3.8 bcm
Ukrgasvydobuvannya JSC, an enterprise of Naftogaz Group, has acquired a permit for the use of subsoil of a gas-bearing area with estimated gas reserves of nearly 3.8 billion cubic meters at an open auction.
Industrial inflation slows to 2.2% in August - State Statistics
The industrial producer price index totaled 2.2% in August, while the same indicator slowed to 31.2% year-on-year.
24 September 2024
G7+ Ministerial Group calls for urgent support for Ukraine's energy sector
The G7+ Ministerial Group has called on the global community to urgently step up support for Ukraine's energy sector as winter draws near.
Zelensky meets with executives from leading energy companies in New York
Ukrainian President Volodymyr Zelensky has discussed with executives from leading U.S. energy, finance and insurance companies the preparation of the Ukrainian energy system for this winter.
Ukroboronprom corporatizes three more enterprises
Three more limited liability companies will be established as part of Ukrainian Defense Industry JSC (Ukroboronprom) under Ukraine’s defense industry reform.
Farmers receive UAH 74.5B in development loans since year-start
Since the beginning of 2024, 10,293 Ukrainian agricultural enterprises have received UAH 74.52 billion in development loans, according to Minister of Agrarian Policy and Food Vitaliy Koval.
23 September 2024
Minimum unemployment benefit to increase to UAH 3,000 from October 1
From October 1, the amount of the minimum unemployment benefit will increase by UAH 500 to UAH 3,000.
22 September 2024
Ukraine exports 692,000 tons of sugar in 2023/2024
According to the results of the 2023/2024 marketing year, Ukraine has exported 691,800 tons of sugar, of which 77% was sent to the EU countries.
No power outages scheduled in Ukraine on Monday
No power outages are scheduled across Ukraine on Monday, September 23.
Ukraine in talks with IAEA to have monitoring mission expanded to power substations
Ukraine's Energy Ministry is in contact with the IAEA to make sure international partners and agencies expand nuclear safety monitoring to power substations that Russia might target in its missile and drone strikes.
Ukraine reinstates medium-term planning for local budgets
President Volodymyr Zelensky signed off the law on the restoration of medium-term planning in local budgets.
21 September 2024
Italy to support Ukraine's energy industry in winter period – energy ministry
Italy will provide financial assistance to support the Ukrainian energy industry during the heating period.
Ukrenergo not predicting power outages on Sunday
No power outages are scheduled for Sunday, September 22.
Russia steals over UAH 30 billion worth of Ukrainian grain
The Prosecutor General's Office (PGO) stated that losses due to Russia's appropriation of Ukrainian grain amount to over UAH 30 billion, but these data are not final.
Zelensky signs into law bill increasing state budget by UAH 500B
Ukrainian President Volodymyr Zelensky has signed into law a bill that increases Ukraine's state budget for 2024 by UAH 500 billion for military needs.
Government expects budget revenues to rise by about 30% in 2025 – PM
The Cabinet of Ministers of Ukraine expects that the state budget revenues will increase by about 30% in 2025.
20 September 2024
IAEA: Russia should immediately withdraw military and other personnel from ZNPP
The General Conference of the International Atomic Energy Agency (IAEA) during its 68th session approved a resolution "Nuclear Safety, Security and Safeguards in Ukraine," co-authored by 52 member countries of the agency.
Kirovohrad region’s farmers obtain over UAH 10M in grants for horticulture, greenhouse production
In the Kirovohrad region, business entities have obtained six grants worth UAH 10.348 million as part of the grant support programs, ‘Own Orchard’ and ‘Own Greenhouse’. Other programs are also being implemented successfully across the region.
Von der Leyen announces EU's 'winter plan' for Ukraine
The European Commission has developed a plan to support Ukraine this winter, which focuses on repairing the country's energy infrastructure, further connecting Ukraine to the European electricity grid, and stabilizing flows of energy through the country.
EU will raise EUR 35B loan for Ukraine - von der Leyen
European Commission President Ursula von der Leyen has announced that the European Union will provide Ukraine with a EUR 35 billion loan backed by the windfall profits from immobilized Russian assets.
Three sugar refineries already running in Vinnytsia region
Three out of five sugar refineries that declared readiness to start the production season are already running in the Vinnytsia region and have produced 21,000 tonnes of sugar.
Kirovohrad region’s agricultural enterprises suffer UAH 5.1M in losses from Russian aggression
The area of crop fields destroyed by Russian attacks has reached about 130 hectares in the Kirovohrad region, and the total amount of losses is UAH 5.1 million.
Ukraine’s gas transmission system to increase connectivity between gas markets of Europe – GTSOU
Ukraine’s gas transmission system is capable of removing obstacles between the markets of the Central and Eastern Europe (CEE) and the Balkans, as well as increasing the security of supply in Europe.
19 September 2024
This winter, Ukrainians should expect blackouts lasting from 4 to 18 hours - UN
From March to August, Russia executed ine waves of large-scale, complex, and coordinated attacks on energy facilities in 20 regions of Ukraine and in Kyiv. This can cause power outages lasting from 4 to 18 hours per day in the upcoming winter.
EU allocates another EUR 160 million to prepare Ukraine's energy system for winter
The European Commission will additionally allocate about 160 million euros to help Ukraine's energy system in the face of Russian attacks.
Naftogaz Group increases gas production volumes by more than 7% since early 2024
In January-August 2024, Naftogaz Group increased gas production volumes by more than 7% compared to the same period last year.
EU seeks to sanction as many Russian "shadow fleet” tankers as possible - special envoy
Russia's use of a "shadow fleet" of tankers is a major factor in evading EU sanctions on maritime oil trade.
Large privatization: Kyiv-based Ukraine Hotel sold for UAH 2.5B
The first large privatization auction has been completed in the Prozorro.Sale system, selling Kyiv-based Ukraine Hotel for UAH 2.5 billion.