Nigeria to receive 25,000 t of grain as part of Grain from Ukraine initiative
A total of 25,000 tonnes of grain will be delivered to the Federal Republic of Nigeria as part of the Grain from Ukraine initiative.
Economy - Latest news
12 January 2023
Energy workers restore 55% of damaged infrastructure facilities in Ukraine
Energy engineers, together with local authorities and utility workers, restored more than 55% of energy infrastructure facilities destroyed or damaged by the Russian aggressor.
Ukraine to consider Nigeria’s proposal to build logistics hub for grain and food deliveries
Ukraine will consider a proposal from the Federal Republic of Nigeria to build a logistics hub intended for grain and food product deliveries.
US, allies prepare new sanctions against Russian oil industry - WSJ
Western countries will introduce a new round of sanctions against the Russian oil sector next month.
11 January 2023
Ukraine, Italy to launch new bilateral energy partnership - Galushchenko
Ukraine and Italy are planning to launch a new bilateral energy partnership aimed at contributing to the implementation of modern energy-efficient and carbon-free technologies and projects in the course of post-war reconstruction of Ukraine.
PM Shmyhal, Ambassador Brink discuss strengthening Ukraine's energy resilience
Prime Minister of Ukraine Denys Shmyhal discussed strengthening Ukraine's energy resilience at a meeting with U.S. Ambassador to Ukraine Bridget Brink.
More than 700 transit declarations completed since ‘customs visa-free regime’ started
More than 700 transit declarations have been completed since the Convention on Common Transit (‘customs visa-free regime’) came into effect in Ukraine.
10 January 2023
IAEA monitoring missions to arrive at all Ukrainian NPPs
Monitoring missions of the International Atomic Energy Agency (IAEA) will arrive at all nuclear power plants in Ukraine to monitor their safety in wartime conditions.
Ukraine, Senegal to intensify cooperation in agriculture
The Ministry of Agrarian Policy and Food of Ukraine has signed a memorandum with the Ministry of Agriculture and Rural Equipment of Senegal on cooperation in the area of agriculture.
09 January 2023
Stefanishyna: Government together with EU to form new vision of Ukraine’s green transformation
The Government of Ukraine and the European Commission will join forces to form a new vision of Ukraine's "green" agenda.
Ukraine already exported 17M tonnes of agricultural products via ‘grain corridor’
From August 1, 2022 to January 9, 2023, Ukraine exported 17 million tonnes of agricultural products through the sea ports of Odesa region.
Shmyhal discusses energy resilience and recovery with EC’s Executive Vice-President
Prime Minister of Ukraine Denys Shmyhal discussed strengthening Ukraine’s energy resilience and recovery, sanctions against the Russian Federation with Executive Vice-President of the European Commission Frans Timmermans.
Ukraine's international reserves reach $28.5B — NBU
Ukraine's international reserves grew by 1.9% in December 2022 and amounted to $28.5 billion on January 1, 2023.
Ukrainian wind farms suffer losses worth over EUR 550M due to Russian invasion
Ukrainian wind farms have already suffered more than EUR 50 million worth of losses due to the Russian invaders causing damage and destruction to them and stealing equipment. Additionally, over EUR 500 million was lost due to forced downtime.
08 January 2023
This year Ukraine to increase area planted with oilseed crops - Agrarian Policy Ministry
This year Ukraine will increase the area planted with oilseed crops.
Russian energy workers helping destroy Ukrainian infrastructure - Ukrenergo
Terrorist attacks on Ukraine's energy system are coordinated by Russian energy workers, because they know it well from the inside.
07 January 2023
State Property Fund already held 20 auctions for UAH 6.5M this year
In the first week of 2023, the State Property Fund of Ukraine held 20 auctions for a total sum of UAH 6.5 million.
DTEK explains damage Iranian drones cause to power system
Drones launched by Russia at Ukraine inflict massive damage on the Ukrainian energy system as they hit energy facilities quite accurately.
06 January 2023
Situation with power supplies improves in most Ukrainian regions - Energy Ministry
Since the beginning of 2023, despite Russia's intensive attacks on energy facilities, the situation with power supplies has improved in most regions, but blackout schedules will still be applied during the cold season.
U.S. hits Iran with new sanctions over drone supplies to Russia, missile programs
The United States government announced the introduction of a new package of sanctions against key Iranian officials and an organization involved in the production and transfer of combat UAVs to Russia, as well as Tehran's continued missile programs.
Ukraine received UAH 410B in aid from US last year — Shmyhal
In 2022, Ukraine received the highest level of aid worth UAH 410 billion from the United States.
Ukraine exports more than 50M tonnes of agricultural products in 2022
Ukraine exported more than 50 million tonnes of grain, oil crops and their processing products in 2022.
05 January 2023
Global energy crisis consequence of plot between Russia, OPEC+
The reason behind high energy prices is the artificial curb in oil production by the OPEC+ member states, not Russian aggression against Ukraine, as is commonly believed. Such actions are an international cartel plot, prohibiting which is the only available tool to reduce high energy prices and deprive the Russian Federation of oil and gas revenues for waging a war of aggression.
Six more grain ships leave Ukrainian ports
Six ships carrying 355,000 tonnes of Ukrainian agricultural products departed from Ukraine's Black Sea ports on Thursday, January 5.
Economy Ministry: Ukraine's economy shrinks by 30.4%
The Ministry of Economy preliminarily estimates Ukraine's GDP decline in 2022 at the level of 30.4% (±2%).
04 January 2023
Over 20% of Ukraine's arable land temporarily occupied - agrarian policy minister
Over 20% of Ukraine's arable land is temporarily occupied by Russian forces.
EU to allocate $15.5M for project to support Ukrainian farmers
The European Union will provide $15.5 million to finance the project to support Ukrainian rural households, smallholder farmers and small-scale agricultural enterprises, which is implemented by the Food and Agriculture Organization of the United Nations (FAO).
World Bank to provide $50M for power generators for Ukrainian grain elevators
The World Bank will allocate $50 million to provide Ukrainian grain elevators with power generators or boilers in 2023.
Sales of new passenger cars in Ukraine down 63% in 2022
In 2022, Ukrainians purchased 37,900 new cars, which is 63% less than in 2021.
03 January 2023
Taxes paid by citizens and businesses to be directed to defense and security – PM Shmyhal
Taxes paid by citizens and businesses this year will be directed to the defense and security of Ukraine.