Norway can take lead in rebuilding one of Ukraine’s regions affected by war – President’s Office
Norway can take a lead in rebuilding one the Ukrainian regions affected by the Russian aggression.
Economy - Latest news
10 August 2022
09 August 2022
Rada proposes to increase defense spending by almost UAH270B
Draft law No. 7644 on amendments to the 2022 State Budget in 2022, tabled in the Verkhovna Rada, expenditures will be increased by UAH 270.2 billion, of which UAH 269.5 billion will go to security and defense.
Ukraine receives 39 railway cars loaded with coal from Australia
The first 39 railway cars loaded with coal have arrived at Ukraine’s thermal power plant (TPP) from Australia.
Ukraine, World Bank sign $4.5B grant agreement
Ukraine and the World Bank have signed a $4.5 billion grant agreement, the Ukrainian Finance Ministry's press service has said.
Ukraine already exported more than 370,000 tonnes of foodstuffs along ‘grain corridor’
Ukraine has already exported more than 370,000 tonnes of agricultural products since the "grain corridor" started operating.
Two more dry cargo ships loaded with grain leave Chornomorsk port
On Tuesday morning, two more dry cargo ships left the port of Chornomorsk along the "grain corridor". OCEAN LION ship loaded with corn heads for South Korea, while RAHMİ YAĞCI ship transports sunflower cake to Istanbul.
08 August 2022
There is every chance to ensure rhythmic nature of sea exports – President of Ukraine
International partners should prevent any attempts by the Russian Federation to disrupt food exports by sea.
United States provides $4.5B in direct budgetary support to Ukraine
The United States, through the U.S. Agency for International Development (USAID) in coordination with the U.S. Department of the Treasury, is providing an additional $4.5 billion in direct budgetary support to the Government of Ukraine to help alleviate the acute budget deficit caused by the Russian armed aggression.
Exports by sea may fully resume if Russia adheres to agreement – FM Kuleba
The agreement on unblocking ports does not restrict Ukraine in terms of exports by sea, and they may fully resume if Russia adheres to the agreement terms.
Over 12B cubic meters of gas stored in underground storage facilities - Shmyhal
Some 12.2 billion cubic meters of natural gas have been stored in Ukraine's underground gas storage facilities as of August 8, 2022.
Turkish company buys land plot in Ukraine for Bayraktar plant - ambassador
Turkey's Baykar Makina has already set up its own company in Ukraine, purchased a plot of land, developed a project for a Bayraktar UAV production plant, and intends to implement the project in Ukraine.
Germany to help Ukraine quickly receive EUR 8B assistance from EU – PM Shmyhal
Germany will help Ukraine quickly receive the next EUR 8 billion of macro-financial assistance from the European Union.
First ship carrying Ukrainian food products departs from Pivdennyi port since Russian invasion
On Monday, August 8, the Sacura bulk carrier, loaded with Ukrainian agricultural products, left the Pivdennyi port and is headed for Italy.
Two more ships with grain scheduled to leave Ukrainian ports today
The dry cargo ships MV Arizona and MV Sacura with export grain are scheduled to leave ports “Chornomorsk” and “Pivdenne” today, August 8.
07 August 2022
20 more grain ships ready to leave Odesa - ambassador
Following the Razoni dry cargo ship loaded with corn, which was the first to leave Ukraine along the "grain corridor", 20 more ships are ready to leave Odesa.
First innovative solar energy system installed in Ukraine
SmartFlower innovative solar energy system was installed in Ternopil city, western Ukraine.
Four more ships carrying foodstuffs leave Ukrainian ports
The second sea caravan carrying Ukrainian foodstuffs left the ports “Odesa” and “Chornomorsk” – three ships from Chornomorsk and another one from Odesa.
Ukraine, Turkey ministers discuss Ukrainian grain exports
Turkey’s National Defense Minister Hulusi Akar in a phone call with Ukraine’s Minister of Defense Oleksiy Reznikov and Minister of Infrastructure Oleksandr Kubrakov discussed the issue of accelerating grain exports from the ports of Ukraine.
Four ships with foodstuffs authorized to leave Ukrainian ports - UN
The Joint Coordination Center in Istanbul has authorized the departure of four more vessels from Ukraine’s Black Sea ports.
One more Ukrainian port to resume operations next week – deputy infrastructure minister
Next week Ukraine’s port of Pivdennyi will start operating within “grain initiative”.
06 August 2022
Ukraine’s grain exports: Turkish ship approaching Chornomorsk, first time since war-start
Turkey’s dry cargo ship FULMAR S is approaching the port of Chornomorsk to load grain, being the first such ship set to export agricultural produce from Ukraine since February 24, the day Russia invaded.
Ukraine’s foreign reserves down just 2% in July
The international reserves reduction rate in Ukraine was 4.5 times higher in June than in July.
EU preparing new proposals for grants, loans to aid Ukraine
The European Commission has drafted a new proposal that would provide EUR8 billion in financial aid to Ukraine through a mix of grants and loans.
05 August 2022
Ukraine’s foreign exchange reserves cut to $22.4B as of Aug 1
As of August 1, 2022, Ukraine’s foreign exchange reserves came to $22.385 billion.
Ukraine may start new-harvest wheat exports via unblocked ports in Aug – Vysotskyi
The first vessels loaded with the new-harvest Ukrainian wheat may depart from the unblocked sea ports as soon as this August.
Italy gives Ukraine EUR 200M loan
Ukraine's Finance Minister Serhiy Marchenko has signed a loan agreement for EUR 200 million between Ukraine and the Italian government.
Government approves seizing 903 objects belonging to Russia – PM Shmyhal
The government has approved the seizure in Ukraine of 903 objects belonging to Russia, Prime Minister Denys Shmyhal has stated.
First ship leaves Turkey for Ukraine’s port of Chornomorsk to be loaded with grain
The first ship to be loaded with Ukraine’s grain has left Turkey. The vessel is expected to arrive in Ukraine’s port of Chornomorsk tomorrow evening.
Ukrainian farmers harvest 17.5M tonnes of grain
Ukrainian farmers have already harvested 17.5 million tonnes of early grain and leguminous crops from 4.8 million hectares (41% of the area).
Ukrainian envoy calls on Canada not to repair five more Nord Stream 1 turbines
Ambassador of Ukraine to Canada Yuliya Kovaliv has called on Canada not to provide maintenance services for five more Nord Stream 1 turbines. Earlier, an exception was made for the first Siemens turbine.