Ukrainian, U.S. energy chiefs talk measures to repel Russia’s energy terrorism
Energy Minister Herman Galushchenko had a phone call with U.S. Energy Secretary Jennifer Granholm, discussing measures to counter Russian terrorism in the energy sector.
Economy - Latest news
18 October 2022
17 October 2022
Japan will help Ukraine restore energy infrastructure
Japan is ready to provide assistance to Ukraine in the restoration of energy infrastructure damaged or destroyed as a result of hostilities.
IMF’s Ukraine mission starting its work in Vienna
The IMF’s Ukraine mission is starting its work in Vienna today, 17 October, in an effort that will last through 20 October.
Ukraine’s grain, flour exports exceeded 2M tonnes in Oct 2022
In October 2022, Ukraine exported about 2.12 million tonnes of grain and leguminous crops. More than 10.85 million tonnes of grain has been exported since the beginning of the marketing year.
16 October 2022
President Zelensky: Ukraine’s grain exports are key guarantee of stability for whole world
For the whole world, Ukraine’s grain exports are one of the key guarantees of stability.
Ukraine maintains energy stability amid massive Russian missile strikes - PM Shmyhal
Ukraine has maintained energy stability after the recent massive attacks by the Russian Federation, the aggressor state failed to intimidate Ukrainians and paralyze the country’s energy industry.
Ukraine, Türkiye seek to extend Grain Initiative
Ukraine and Türkiye have spoken in favor of extending the Grain Initiative agreement on the safe transportation of Ukrainian cereals from the country’s seaports beyond November 22 when the initial deal is set to expire.
Four ships with grain leave Odesa ports
On October 16, four ships loaded with 140,000 tonnes of grain left Odesa and Pivdennyi ports.
15 October 2022
Musk to continue offering Starlink services to Ukraine “for free”
SpaceX founder, inventor and investor Elon Musk will continue to fund Starlink services for the Ukrainian forces.
Kyiv stabilizes power supplies following Russian missile strikes
In Kyiv, the situation with power supplies has been stabilized so no further plans are in the works to cut off electricity in the capital.
Marchenko discusses Ukraine's 2023 state budget needs with Dutch, Japanese finance ministers
Ukraine's Minister of Finance Sergii Marchenko as part of his working visit to the United States met with his counterparts from the Netherlands and Japan to discuss the needs of the country's state budget for 2023.
Seven grain ships leave Ukrainian seaports
Seven more ships with Ukrainian agricultural products departed from the ports of Odesa and Pivdennyi on October 15 under the Black Sea Grain Initiative.
NBU, European Union discuss condition of Ukraine’s economy amid war
The representatives of the National Bank of Ukraine and the European Union discussed the condition of the Ukrainian economy amid the full-scale war.
Russia blocks IMF communiqué condemning invasion of Ukraine
The member countries of the International Monetary Fund on Friday almost unanimously called on the Russian Federation to put an end to the war in Ukraine, but Russia blocked the publication of a joint communiqué during the meeting of the International Monetary and Financial Committee.
Saudi Arabia to allocate $400M for humanitarian aid to Ukraine
Saudi Arabia will provide USD400 million worth of humanitarian assistance to Ukraine.
14 October 2022
IAEA: Back-up power to Zaporizhzhia NPP restored
Ukrainian engineers have managed to restore back-up power to the Zaporizhzhia Nuclear Power Plant.
Minister Marchenko elected as Governor for 2023 at the Board of Governors of World Bank, IMF
Ukrainian Finance Minister Sergii Marchenko has been elected as Governor for 2023 at the Board of Governors of the World Bank and the International Monetary Fund (IMF).
Galushchenko, Habeck discuss support from Germany for Ukraine’s energy sector
In a phone call, Ukrainian Energy Minister German Galushchenko and German Federal Minister for Economic Affairs and Climate Action Robert Habeck discussed support from Germany for Ukraine’s energy sector.
Ukrainian energy system operates stably – Shmyhal
The Ukrainian energy system has already stabilized, but Ukrainians should reduce electricity consumption during peak hours.
Three more grain ships leave Ukrainian ports
Three more ships with Ukrainian agricultural products departed from the ports of Chornomorsk, Odesa, and Pivdennyi on Friday, October 14.
Netherlands to allocate €70M to Ukraine for heating season
The Dutch authorities intend to allocate 70 million euros to help Ukraine ensure a normal heating season.
13 October 2022
Six more grain ships leave Ukrainian ports
On October 13, 2022, six more vessels loaded with Ukrainian-produced agricultural products left the Odesa region’s ports.
Ukraine receives $1.3B in additional emergency financing from IMF
Ukraine has already received $1.3 billion of additional emergency financing from the International Monetary Fund (IMF).
Cooperation brings victory closer
Zelensky's speech before the round table of the World Bank Group and the International Monetary Fund
IMF supports idea of setting up permanent forum for helping Ukraine - Georgieva
Managing Director of the International Monetary Fund, Cristalina Georgieva, says the Fund supports the initiative, put forward by President Volodymyr Zelensky of Ukraine, to create a permanent forum to ensure economic and financial support for his country.
12 October 2022
Shmyhal calls on world to deal more tangible blow to Russian economy
Ukrainian Prime Minister Denys Shmyhal has called on the international community to significantly intensify the pressure on the economy of the aggressor country and increase targeted support for the Ukrainian economy, which significantly contracted during the war.
Zelensky proposes creating format of economic support for Ukraine
Ukrainian President Volodymyr Zelensky has invited the international community to create a format of economic support for Ukraine, which is suffering from Russian aggression, similar to the Ramstein format of defense support for the country.
IAEA Director General: External power to Zaporizhzhia NPP restored
Director General of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, announced that the external power supply to the Zaporizhzhia NPP had been restored.
Ukraine’s Finance Ministry, IMF discuss new loan program
The Ukrainian Finance Ministry and the International Monetary Fund (IMF) have discussed the possibility of launching a new loan program to ensure the priority expenditures of Ukraine’s state budget for 2023.
Government ready to react to Russian attacks on critical infrastructure – PM Shmyhal
The Ukrainian government has been preparing for potential Russian attacks on critical infrastructure facilities and has developed an action plan.