Forty-three countries join Grain from Ukraine initiative
A total of 43 countries have already joined the Grain from Ukraine humanitarian program, which was initiated by President Volodymyr Zelensky.
Economy - Latest news
01 March 2023
Ex-CEO of Boryspil Airport sentenced to 5 years in prison
The High Anti-Corruption Court sentenced the former top manager of Ukraine’s Boryspil Airport to five years in prison on abuse of office charges.
PM Shmyhal meets with newly elected Chairperson of Naftogaz Supervisory Board
Ukrainian Prime Minister Denys Shmyhal has met with the newly elected Chairperson of the Supervisory Board of Naftogaz of Ukraine NJSC, Anthony Marino, to discuss the development of Ukraine’s gas production industry.
UN works very closely with Ukrainian government on ‘grain deal’ almost every single day – Brown
The United Nations works very closely with the Ukrainian government on the ‘grain deal’ almost every single day and is absolutely committed to ensuring that the deal is extended.
Ukraine’s energy system operating with no capacity deficit for 18 days – Ukrenergo
Ukraine’s energy system has been operating with no capacity deficit for 18 days now.
Energoatom's cooperation with Westinghouse to help push Russia out of nuclear fuel market - minister
The cooperation between NAEC Energoatom and Westinghouse will help dislodge Russia from the global nuclear fuel market.
Sweden to transfer $30M to Ukraine Energy Support Fund
The Swedish government has decided to contribute almost $30 million to Ukraine Energy Support Fund.
Ukraine has enough gas stocks to end 2022-2023 heating season – Naftogaz CEO
Ukraine has enough natural gas stocks to end the 2022-2023 heating season.
Germany increases environmental protection, climate policy support for Ukraine
Germany’s Federal Government is increasing support for Ukraine to develop climate policy, protect biodiversity and achieve green recovery.
Amber worth UAH 1M sold at ProZorro auction
On February 27, 2023, the first e-auctions for the sale of amber were held on the ProZorro.Sale platform, which brought the organizers a total of UAH 1 million.
28 February 2023
IAEA concerned about shelling near Zaporizhzhia NPP
IAEA Director General Rafael Mariano Grossi has expressed concern over renewed artillery shelling near the Zaporizhzhia Nuclear Power Plant (ZNPP) and the temporary loss of its only remaining back-up power line.
Ukraine approves draft agreement with Mexico on mutual administrative assistance in customs matters
The Cabinet of Ministers of Ukraine has approved a draft agreement with Mexico on mutual administrative assistance in customs matters.
Zelensky calls on American investors to come to Ukraine
Ukrainian President Volodymyr Zelensky has called on foreign businesses to start investing in Ukraine right now. In his words, every business that is now helping the Russian tyranny will not be able to avoid problems and a reputation crisis.
President Zelensky invites OECD representatives to join Ukraine’s recovery process
Ukrainian President Volodymyr Zelensky believes the opening of the Organization for Economic Cooperation and Development (OECD) Office in Ukraine will be an important step in terms of cooperation.
Action plan for Ukraine’s accession to OECD could be signed in June - PM Shmyhal
The program with the list of necessary measures to be taken by Ukraine to gain membership in the Organization for Economic Cooperation and Development (OECD) can be signed in June 2023.
Türkiye opens market for Ukrainian fish products
Ukraine received from the competent body of Türkiye the approved quality certificate required for the unhindered import of Ukrainian fish products.
Ukraine announces its candidacy for IAEA Board of Governors
Ukraine has announced its candidacy for the Board of Governors of the International Atomic Energy Agency (IAEA) for 2023-2025 and is expecting for the support of this initiative from international partners.
No capacity deficit in Ukraine’s power system, all types of power plants operating - Ukrenergo
As of 10:30 on February 28, there has been no deficit in Ukraine's power system, and it is currently not forecast.
Energoatom: Zaporizhzhia NPP standing idle since Sept 2022
Zaporizhzhia Nuclear Power Plant (NPP), which was seized by Russian invaders in March 2022, has been standing idle since September 2022. A total of 4,500 Ukrainian workers are remaining at the plant, where 11,000 people used to work in peacetime.
Belgium freezes Russian assets worth EUR 58B
The Ministry of Finance of the Kingdom of Belgium has frozen Russian assets worth EUR 58 billion, which is the highest sum among other EU countries.
27 February 2023
U.S. Treasury secretary expects "increasing toll on Russia’s economic trajectory over time"
While the Russian economy has not yet buckled under the wide array of sanctions from the United States and other Western nations, U.S. Treasury Secretary Janet Yellen said Monday she expects it to grow weaker over time as the country loses foreign investment and runs through its reserves and rainy-day funds.
U.S. sees long-term cooperation with Ukraine based on international donor platform - Treasury Secretary
The United States seeks to focus on the long-term perspective of economic cooperation with Ukraine and intends to build such cooperation based on an international donor platform.
U.S. transfers first tranche worth over $1.2B in direct budget support to Ukraine
The U.S. government transferred the first tranche worth $1.2 billion of direct budget support to Ukraine.
U.S. to allocate over $10B to Ukraine by September to cover budget deficit - Shmyhal
The United States will allocate more than $10 billion to Ukraine by September 2023 to cover the budget deficit.
Zelensky meets with U.S. Treasury Secretary
President of Ukraine Volodymyr Zelensky has met with U.S. Treasury Secretary Janet Yellen, who is on a visit to Ukraine.
Kamyshin resigns as Ukrzaliznytsia head
Chairman of the Board of JSC Ukrzaliznytsia Oleksandr Kamyshin has stated he is leaving the post.
International aid allows Ukraine’s energy system to stand against Russian attacks – Galushchenko
The aid provided by international partners to Ukraine’s energy sector has allowed the Ukrainian energy system to stand against Russian attacks and stabilize performance.
PepsiCo, Agrofusion resume production in Mykolaiv region
The factories of PepsiCo and Agrofusion are resuming production operations in the Mykolaiv region.
Ukraine’s grain production cut by 37% in 2022 – UCAB
In 2022, the production output of grain crops in Ukraine reduced by 37% to 53.9 million compared to 2021.
NBU sells more than $605M on interbank foreign exchange market
The National Bank of Ukraine (NBU) sold USD 605.24 million on the interbank foreign exchange market last week.