Russia launched over 1,000 drones, missiles at Ukraine's energy infrastructure since Oct
Russia has used more than 1,000 drones and missiles in 33 large-scale attacks on Ukraine's energy infrastructure since October 2022.
Economy - Latest news
29 April 2023
President Zelensky thanks Horizon Capital for raising $254M for Ukraine
Ukrainian President Volodymyr Zelensky has held a meeting with the leadership and investors of Horizon Capital, and has thanked the company for raising $254 million in support of Ukraine.
U.S. delegation arrives in Kyiv to sign agreement on $25M investment to help businesses
A U.S. delegation has arrived in Kyiv to sign an agreement with President Volodymyr Zelensky on a $25 million investment by the International Development Finance Corporation (DFC) in Horizon Capital to help fast-growing small and medium-sized businesses.
USAID disburses another $1.25B for Ukraine's needs
The U.S. Agency for International Development (USAID), through the World Bank, has disbursed another $1.25 billion for Ukraine's needs in the field of healthcare, education, and emergency services.
Estonia provides over €500 million aid to Ukraine since beginning of war
Since the first days of the full-scale Russian invasion, Estonia has expressed support for Ukraine and provided assistance worth more than 500 million euros.
Czechia sends $1M for training of Ukrainian civil aviation pilots
This year, the Czech Republic will allocate CZK 22 million (over $1 million) to cover tuition for up to 25 students of Ukraine's National Aviation University.
28 April 2023
Denmark gives EUR1B for Ukraine recovery
The Danish government has launched a new support program for Ukraine for 2023.
European Commission, five EU countries agree to ban imports of five types of agricultural products from Ukraine
The European Commission and Poland, Slovakia, Hungary, Romania, and Bulgaria have agreed to ban the import of grain, corn, rapeseed, sunflower, and oil from Ukraine to the markets of these EU countries.
Ukraine gets $1.25B from U.S. through World Bank Trust Fund
Today, April 28, the State Budget of Ukraine received a grant of $1.25 billion from the United States of America through the World Bank’s Trust Fund. The money will be allocated for the payment of pensions, wages to medics, and allowances to emergency and rescue workers.
EU ambassadors agree to extend duty-free trade with Ukraine
The Committee of Permanent Representatives of the EU at the level of ambassadors (Coreper) supported the proposal to extend the liberalization of trade rules between Ukraine and the EU for another year, which provides for the abolition of any import duties for Ukrainian goods.
G7 ambassadors familiarized with draft tax reform
Rostyslav Shurma, Deputy Head of the Office of the President of Ukraine, familiarized the ambassadors of the Group of Seven countries with the draft tax reform.
Ambassador Zvarych: Polish business should be involved in rebuilding Ukraine right now
Warsaw is Kyiv's main trading partner in the EU with a trade turnover of over $12 billion. Polish companies should be actively involved in rebuilding Ukraine now, without waiting for the end of the war unleashed by Russia.
Over 1.3M ha sown in Ukraine - Agrarian Ministry
As of April 28, 2023, Ukrainian farmers have already sown 1.368 million hectares (ha) of grains and pulses.
Missile attack has not damaged energy infrastructure – Ukrenergo
Russian missile attack has not damaged the energy infrastructure. Electricity production is sufficient to meet consumption needs, but the situation in the East remains difficult.
Ukrposhta reports UAH 1.26B loss for 2022
Ukraine’s national postal operator Ukrposhta JSC has completed the year 2022 with a UAH 1.258B loss.
NBU leaves key policy rate unchanged at 25%
The National Bank of Ukraine (NBU) has endorsed a decision to leave its key policy rate unchanged at 25%.
Prozorro.Sale has fully completed the process of corporatization
Prozorro.Sale has fully completed the corporatization process, and now 100% of the shares of the newly created joint-stock company belong to the state represented by the Ministry of Economy.
27 April 2023
NBU: International aid may exceed $42B this year
The National Bank of Ukraine (NBU) expects that the amount of international aid may exceed $42 billion this year, which will promote a rise in the country’s foreign exchange reserves to about $35 billion.
NBU Governor outlines key risks to Ukraine’s economy
The National Bank of Ukraine (NBU) believes that the longer duration and intensity of the war are the key risks to the country’s economy.
Italy hands over 143 tonnes of power equipment to Ukraine
Ukraine has received assistance from the Italian government and Italian business in the form of energy equipment weighing almost 143 tonnes.
Kuleba meets with FAO Director-General
Minister of Foreign Affairs of Ukraine Dmytro Kuleba met with Director-General of the Food and Agriculture Organization of the United Nations Qu Dongyu on April 26.
Ukraine’s Centrenergo starts exporting electricity to Moldova
Ukrainian state-owned company Centrenergo, which is managed by the State Property Fund of Ukraine (SPFU), has started exporting electricity for the first time.
China supports extension of Black Sea Grain Initiative
Ukraine and China supported the need for proper implementation and continuation of the Black Sea Grain Initiative.
Ukraine receives €23 million from donors to restore Chornobyl zone
Financial assistance from international partners for the restoration of the exclusion zone has already reached €23 million.
Shmyhal on conference in Rome: There is interest in implementation of reconstruction projects
Ukraine will be a member of the European Union, and this is one of the reasons why Italian businesses should invest in Ukraine.
26 April 2023
Ukraine PM visits air defense manufacturer’s facility in Italy
Ukraine is looking into the joint production of components for air defense systems with Rheinmetall Italia S.p.A.
Over 150 Ukrainian companies partake in Rome Conference
Representatives from more than 150 Ukrainian businesses were able to meet directly with Italian counterparts and discuss the possibilities of cooperation in many areas and even conclude a number of contracts on the spot.
U.S. Ambassador visits Ukrainian ports of Reni, Izmail
U.S. Ambassador Bridget Brink has paid visits to the Danube ports in Reni and Izmail to Highlight U.S. Government support for grain exports amid Russia’s full-scale war.
PM Shmyhal announces important agreements to be signed in Rome
Prime Minister Denys Shmyhal announced several important agreements that are planned to be signed during the Ukraine Reconstruction Conference in Rome.
Italy wants to host Ukraine Recovery Conference in 2025 - Meloni
Italy wants to host the Ukraine Recovery Conference in 2025 and is ready to resume the work of its credit agency in Ukraine as part of international financial support.