IMF allocates $1.4B in additional support to Ukraine
The International Monetary Fund has allocated $1.4 billion in additional support to Ukraine.
Economy - Latest news
13 September 2022
Russia may try to disrupt ‘grain agreement’ in November - Kuleba
Ukraine is already cooperating with the United Nations and Turkey and the recipient countries of Ukrainian agricultural products to prevent Russia from disrupting the "grain agreement".
Seven more ships with grain leave Ukrainian ports
On September 13, 2022, seven more vessels loaded with Ukrainian-produced agricultural crops left Odesa Port, Chornomorsk Port and Pivdennyi Port via the ‘grain corridor’.
IAEA: Second back-up power line to ZNPP restored
The International Atomic Energy Agency reported that a second back-up power line to the Zaporizhzhia Nuclear Power Plant had been restored, enabling safe reactor cooling.
12 September 2022
Third vessel set to carry Ukrainian grain to Africa arrives at Chornomorsk port
The Ikaria Angel bulker, chartered by the United Nations World Food Programme (WFP), has checked at the port of Chornomorsk to load 30,000 tonnes of wheat. The vessel will head off for Ethiopia.
France, Romania sign agreement simplifying Ukrainian grain exports
On Monday, September 12, the governments of France and Romania signed an agreement on facilitating grain exports from Ukraine by land.
Ukraine to save about $5.9B thanks to debt rescheduling – Finance Ministry
Ukraine may save about $5.9 billion within a year, as investors have agreed to reschedule its external debt service payments until 2024.
Ukraine received $18B in aid from international partners – Finance Ministry
Ukraine has received about $18 billion in aid from international partners since February 24, 2022.
Nine more ships with grain leave Ukrainian ports
Nine more vessels loaded with Ukrainian-produced agricultural crops have left Odesa Region’s ports.
11 September 2022
UK’s Defence Ministry refutes Putin's lies about Ukrainian grain
The Ministry of Defence of the United Kingdom refuted the statement by Russian president Putin that the majority of Ukrainian grain was delivered to the EU and not to poor countries.
IAEA: External electricity restored at Zaporizhzhia NPP
The International Atomic Energy Agency (IAEA) has confirmed that a back-up power line needed for cooling has been restored at the Zaporizhzhia Nuclear Power Plant.
Ukraine's PM calls on partners to intensify cooperation with IMF
Ukraine's Prime Minister Denys Shmyhal has called on partners to promote the intensification of cooperation with the International Monetary Fund, as the IMF is a pillar of the country's further financial development.
Ukraine could become Europe’s new major energy supplier, replacing Russia - senior official
Ukraine can become a new major supplier of energy resources to the European Union, thus replacing the Russian Federation.
Zaporizhzhia NPP at full stop - Energoatom
The Zaporizhzhia Nuclear Power Plant has put operations to a full halt.
PM Shmyhal: War has caused more than $340B in damage to Ukraine
As of September 10, Russia's military aggression caused more than $340B in damage to Ukraine as confirmed by the World Bank.
10 September 2022
Baerbock calls on Moscow to hand back control over ZNPP to Ukraine
German Federal Foreign Affairs Minister Annalena Baerbock has called on the Russian side to allow the International Atomic Energy Agency (IAEA) mission to stay at Zaporizhzhia Nuclear Power Plant (NPP) for a long time and hand back control over the plant to Ukraine as its sole legal owner.
Ukraine may allow export of 100,000 tonnes of coal to Poland in Sep - Shmyhal
At the request of the Polish side, Ukraine will consider opening quotas for the export of 100,000 tonnes of coal to Poland in September.
Ukraine's government decides to raise $530M from IBRD
The Cabinet of Ministers of Ukraine has approved the decision to raise $530 million as additional financing from the International Bank for Reconstruction and Development (IBRD).
Five more ships with grain leave Ukrainian ports
As part of the ‘grain initiative’, five more vessels loaded with 90,000 tonnes of Ukrainian-produced agricultural crops have left Ukraine’s Odesa Port, Chornomorsk Port and Pivdennyi Port.
Another ship with Ukrainian grain arrives in Africa
Another ship carrying grain from Ukraine has arrived in Africa within the framework of the “grain initiative”.
09 September 2022
Poland asked Ukraine for help in energy sector - Zelensky
Poland asked Ukraine for help in the energy sector, in particular with electricity exports.
Ukrainian, Polish PMs discuss joint control at checkpoints
Ukrainian Prime Minister Denys Shmyhal and his Polish counterpart Mateusz Morawiecki at a meeting in Kyiv discussed military cooperation, the strengthening of sanctions against Russia, preparations for a difficult heating season and the development of border infrastructure between the two countries.
EU Council approves EUR 5B in macro-financial assistance to Ukraine
During an informal meeting in Prague, EU finance ministers agreed on the terms of providing Ukraine with the next tranche of the emergency macro-financial aid package in the amount of EUR 5 billion, which is part of a total package of EUR 9 billion.
Cost of reconstruction, recovery in Ukraine amounts to $349B – joint assessment
The current cost of reconstruction and recovery in Ukraine due to the destruction caused by the Russian invasion amounts to at least $349 billion.
Three more ships with agricultural products leave Ukrainian ports
On Friday, September 9, three ships loaded with Ukrainian agricultural products left the ports of Odesa region.
Ukraine expects to receive at least $300B in reparations from Russia
Minister of Justice Denys Maliuska has said Ukraine expects to receive at least $300 billion in reparations from Russia.
08 September 2022
Inflation in Ukraine reaches 23% in August - NBU
In August 2022, inflation in Ukraine accelerated to about 23% in annual terms, according to preliminary estimates of the National Bank of Ukraine (NBU).
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.
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.