ArcelorMittal Kryvyi Rih ecocide case closed - business ombudsman
A criminal proceeding launched in 2019 against officials with ArcelorMittal Kryvyi Rih over the alleged environmental pollution has been closed.
Economy - Latest news
22 March 2023
New restructuring scenario: Naftogaz expects constructive stand from Eurobond holders
Naftogaz expects constructive stand from Eurobond holders over the restructuring scenario proposed earlier.
Ambassador: German economy can meet Ukraine’s defense needs
German economy can respond to Ukraine's defense needs as expected.
Finance Ministry: IMF’s Extended Fund Facility Arrangement approved for four years
The representatives of IMF and Ukraine’s authorities reached a staff-level agreement on a $15.6 billion 48-month Extended Fund Facility (EFF) Arrangement.
Ukraine exports over 35.8M t of grain, leguminous crops
In 2022/2023 marketing year (MY), Ukraine exported 35.810 million tonnes of grain and leguminous crops. In March, the country exported 3.513 million tonnes of these crops.
Ukraine, IMF agree on new $15.6B program
The International Monetary Fund (IMF) staff and Ukrainian authorities have reached a staff level agreement on a new $15.6 billion Extended Fund Facility (EFF) Arrangement for Ukraine.
Ukraine's finance ministry raises UAH 5.6B from govt bond sale
On March 21, 2023, the Ukrainian Finance Ministry raised UAH 5.6 billion to the state budget from the sale of domestic government loan bonds.
Ukraine’s exports through "grain corridor" grow 38% over past week - UCAB
From March 13 to March 19, 2023, Ukraine exported 1,081,000 tonnes of agricultural products through the sea ports of Odesa region, which is 38% more than in the previous week, according to the Ukrainian Agribusiness Club (UCAB).
Russia becomes China's largest crude oil supplier earlier this year
In the first two months of 2023, Russia increased its crude oil sales to China by almost a quarter. It overtook Saudi Arabia to become China's largest oil supplier.
Ukrainian banks receive UAH 21.5B in net profit in Jan-Feb 2023 – NBU
In January-February 2023, Ukrainian solvent banks received UAH 21.5 billion in net profit, which is 2.2 times more than in the same period last year.
21 March 2023
As no one able to help Ukraine liberate nuclear plant, other mechanisms needed - Zelensky
President Volodymyr Zelensky of Ukraine insists on finding mechanisms to liberate the Russian-captured Zaporizhia nuclear power plant, as currently no international institution can resolve the issue.
Disposal of urban debris yet another war challenge for Ukraine - UN under-secretary-general
The UN Environment Programme is working with the Ukrainian government on the issue of disposal of building debris, which becomes more urgent amid war.
PM Shmyhal: EU’s tranche of macro-financial assistance already on National Bank’s accounts
EU-disbursed EUR 1.5 billion tranche of macro-financial assistance is already on the accounts of the National Bank of Ukraine.
Ukraine's parliament adopts law increasing defense spending by UAH 500B
The Verkhovna Rada has adopted a law increasing state budget expenditures by UAH 537.2 billion, with 96.5% of the amount to be spent on Ukraine's national security and defense sector.
EU disburses second EUR 1.5B tranche of macro-financial assistance to Ukraine
The European Union transferred to Ukraine the second tranche of EUR 1.5 billion as part of the EUR 18 billion macro-financial assistance program.
No electricity generation capacity shortage observed - operator
As of the morning of March 21, electricity generation surplus fully covers the required volumes for the needs of consumers across Ukraine.
First ship with 30,000 t of Ukrainian wheat arrives in Kenya
The first ship loaded with 30,000 tonnes of Ukrainian-produced wheat has arrived in the Republic of Kenya as part of the Grain from Ukraine humanitarian program initiated by Ukrainian President Volodymyr Zelensky.
NBU sells $376M on interbank foreign exchange market in past week
The National Bank of Ukraine (NBU) sold $376.22 million on the interbank foreign exchange market over the past week.
Amid war, 20% of Ukrainian farmland to remain unsown
Ukrainian farmers will not be able to sow about 20% of the country’s farmland due to the Russian occupation, pollution, or mine contamination.
“Grain Initiative”: 20% of Ukrainian wheat goes to Africa
As part of the "Black Sea Grain Initiative", Ukraine exported 6.9 million tonnes of wheat, 20% of which was sent to African countries.
20 March 2023
Ukraine to send extra 30,000 t of wheat to Yemen as part of Grain from Ukraine
A tanker is being loaded in the port of Chornomorsk. It will send 30 thousand tons of wheat to Yemen as part of humanitarian aid.
Ukrgasvydobuvannya transfers UAH 4.25B of rent payments to local budgets
JSC Ukrgasvydobuvannya transferred UAH 4.25 billion of rent payments to local budgets in January-February 2023, according to the company’s press service.
UK, Ukraine sign digital trade deal
The United Kingdom today signed a pivotal digital trade deal with Ukraine that will support the country’s economy and greatly enhance trade and investment relationship.
MFA invites Ukrainian manufacturers to participate in UN Procurement and Vendor Fair
The Ministry of Foreign Affairs invites Ukrainian entrepreneurs to participate in the UN Procurement and Vendor Fair to be held on March 28.
Ukraine reaches strategic agreements on use of Ukrainian uranium in nuclear fuel production - minister
Petro Kotin, President of Energoatom nuclear operator, and Tim Hitzel, President and Executive Director of Canada’s CAMECO, signed on behalf of the two companies the agreements on the use of Ukrainian uranium in the production of nuclear fuel for all Ukrainian nuclear power plants.
Ukraine's president signs law on development of high-efficiency cogeneration
Ukrainian President Volodymyr Zelensky has signed a law that creates conditions for the development of high-efficiency cogeneration in Ukraine in accordance with the provisions of the European Union.
Power supply services restored in two de-occupied settlements in Kherson region
Power supply services have been restored in two more de-occupied settlements in the Kherson region.
19 March 2023
Shmyhal: Government allocates 518B for defense, endorses action plan for 2023
This week, the Government of Ukraine allocated UAH 518 billion for defense and endorsed the action plan for 2023.
Bloomberg exposes shadow fleet of Russian oil tankers
At least two India and UAE companies are helping Russia circumvent oil sanctions, imposed by Western democracies, through a shadow fleet of tankers.
18 March 2023
UN confirms prolongation of Ukrainian Grain Initiative
The United Nations has confirmed the extension of the Black Sea Grain Initiative, which was set to expire on Saturday, March 18.