International support: Ukraine expects to receive about $12B by year-end
Ukraine expects to receive announced official financing totaling $12 billion by the end of the current year.
Economy - Latest news
08 September 2022
NBU keeps key policy rate at 25%
The National Bank of Ukraine (NBU) has decided to leave its key policy rate unchanged at 25%.
Russia sanctions work despite Kremlin’s attempts to claim opposite - U.S. State Department
The U.S. Department of State has hit back at Russian President Vladimir Putin after he told the Eastern Economic Forum that international sanctions, imposed on Russia following its aggression toward Ukraine, were not working.
Ukraine has exported 44% of agricultural products to Asian countries
Asian countries are major importers of Ukrainian agricultural products, accounting for 43.9% of total exports.
Ukraine expects to transport up to 2M tonnes of vegetable oil through pipeline annually – Solskyi
Ukraine is planning to transport up to 2 million tonnes of vegetable oil through a pipeline to Poland’s Port of Gdańsk annually.
Ukroboronprom, Honeywell sign framework cooperation agreement
Ukroboronprom State Concern has signed a framework cooperation agreement with the American corporation, Honeywell.
07 September 2022
Kuleba: Two-thirds of Ukrainian grain under ‘grain initiative’ directed to Africa, Asia and Middle East
Minister of Foreign Affairs of Ukraine Dmytro Kuleba has said that two-thirds of Ukrainian grain under the "grain initiative" is directed to countries of Africa, Asia and the Middle East.
Ukraine increases grain exports by 20-30% every month - Solskyi
Ukraine increases grain exports by 20-30% every month, according to Minister of Agrarian Policy and Food Mykola Solskyi.
Ukraine's government bans coal exports
The Cabinet of Ministers has completely banned Ukrainian coal exports.
IAEA visit did not bring tangible results in terms of demilitarizing ZNPP – Shmyhal
An IAEA mission's visit to Ukraine's Zaporizhzhia nuclear power plant did not bring tangible results in terms of creating a demilitarized zone.
Ukraine will need EUR 12B in support from EU next year - Shmyhal
Ukraine has started political consultations with the leaders of the EU countries regarding a new macro-financial assistance program for 2023.
European Commission giving Ukraine EUR 5B in macro-financial aid
The European Commission is allocating EUR 5 billion for macro-financial assistance to Ukraine.
‘Grain corridor’: 96 vessels already left Odesa Region’s ports
On September 7, 2022, four more vessels loaded with Ukrainian-produced grain left Odesa Region’s ports.
Finance Ministry places war bonds worth UAH 47.3M
On September 6, 2022, the Ukrainian Finance Ministry raised UAH 47.347 million in the state budget from the sale of war bonds.
Ukraine to transport vegetable oils to Poland through pipeline
Ukraine and Poland agreed to build a cross-border pipeline to transport Ukrainian vegetable oils to the port of Gdansk.
U.S. at UNSC: Russia using captured nuclear plant in Ukraine as pawn in its dirty war
Russia has no right to use the Zaporizhia NPP in its dirty war and must stop its aggression and withdraw its troops from Ukraine.
06 September 2022
President: Ukraine can replace dirty Russian energy resources, become green hub for EU
Ukraine has the potential to become a green energy hub for Europe that will replace Russia's dirty energy resources.
President: More than $1 trillion needed to rebuild Ukraine
The complete recovery of Ukraine after the victory in the war unleashed by Russia will be the largest economic project in Europe, which can currently be estimated at more than $1 trillion.
IAEA calls for creating security zone around ZNPP immediately
The International Atomic Energy Agency (IAEA) in its report following its mission’s visit to the Zaporizhia Nuclear Power Plant, Europe’s largest station, which was captured by Russian troops on March 4, has called for the immediate creation of a safety zone around the facility.
Sowing of winter grain crops begins in seven regions of Ukraine
Ukrainian farmers have already started to sow winter grain crops, such as wheat, rye and barley, in seven regions.
Ukraine’s international reserves grow by 13.6%, to $25.4B
In August 2022, Ukraine’s international reserves increased by 13.6%, to USD 25.436 billion as of September 1.
Six more grain ships leave Ukraine's Black Sea ports
Six vessels loaded with Ukrainian agricultural products departed from Ukraine's Black Sea ports through a "grain corridor" early on Tuesday, September 6.
Russia’s energy export revenues reached almost €160B since it invaded Ukraine
For the six months of the war against Ukraine – from February 24 to August 24 – Russia earned at least €158 billion in revenue from fossil fuel exports, which indicates the need for immediate tightening of economic restrictions on the Russian Federation.
Kuleba: Ukraine can help EU ease energy crisis, Russia trying to impede
Ukraine can help the European Union ease energy crisis this winter with its electricity exports, which is why Russia is trying to seize the Zaporizhzhia NPP and impede them.
European Commission President announces additional EUR 5B in macro-financial assistance to Ukraine
European Commission President Ursula von der Leyen has announced that Brussels will offer Ukraine an additional 5 billion euros in macro-financial assistance this week.
05 September 2022
Ukraine, Europe to withstand battle for heating season – PM Shmyhal
The European Union has been preparing for this heating season, filling gas storage facilities and cutting energy expenditures. Meanwhile, Ukraine has created bigger coal and gas reserves than usually.
Minister Galushchenko: Now it is impossible to repair power lines at ZNPP due to hostilities
At the moment, it is impossible to repair power transmission lines at Zaporizhzhia Nuclear Power Plant (NPP) due to hostilities.
Ukraine already exported 2M tonnes of grain through Odesa ports - expert
As of September 4, Ukraine exported 2 million tonnes of grain and other agricultural products through the unlocked Odesa seaports.
ZNPP’s power unit No.6 disconnected from Ukraine’s power grid
Due to a fire caused by Russian shelling, the last power transmission line connecting the Zaporizhzhia NPP with Ukraine’s power grid was turned off today, power unit No. 6, which supplies the NPP's own needs, was disconnected from the network.
Shmyhal, Sefcovic discuss Ukraine's integration into EU energy market
Ukraine's Prime Minister Denys Shmyhal and Vice President of the European Commission, Maros Sefcovic, have discussed the strengthening of sanctions against Russia and Ukraine's integration into the EU energy market.