Harvesting of early grain crops completed in Odesa Region
Odesa Region’s farmers completed the harvesting of early grain crops, having threshed 2.5 million tonnes of grain and leguminous crops.
Economy - Latest news
05 August 2022
Three vessels with grain left Ukrainian ports this morning
This morning the first convoy of vessels loaded with Ukrainian grain has left the so-called Great Odesa ports.
Canada allocates $6M for nuclear safety in Ukraine
Canada has provided US$6 million for the implementation of a number of projects to improve nuclear safety in Ukraine.
04 August 2022
Ukrainian government offers IMF to intensify work on new program – PM Shmyhal
The Cabinet of Ministers offers the International Monetary Fund to enhance joint work on a new program.
Ukraine to launch large-scale privatization from September 1 – PM Shmyhal
Ukraine will launch a large-scale privatization from September 1, 2022.
03 August 2022
More grain ships ready to leave Ukrainian ports - Kuleba
More grain ships are ready to leave Ukrainian ports, according to the agreed schedule, Ukrainian Foreign Minister Dmytro Kuleba has said.
Ukraine expects to harvest up to 67M tonnes of grain and oilseeds this year
Ukrainian farmers have already harvested 12 million tonnes of grain. Meanwhile, the projected gross yield of grain and oilseed crops increased from 60 million tonnes to 65-67 million tonnes.
German lawmaker suggests using frozen Russian assets as reparations to Ukraine
As an aggressor power, Russia must pay reparations to Ukraine, while using Russian assets frozen as a result of sanctions, would put a good start to the process.
Ukrainian grain export: Razoni ship passes inspection
The Razoni bulk carrier has passed the inspection of the Joint Coordination Center and is ready to proceed to its destination.
Inspection group checking Razoni vessel loaded with Ukrainian grain
An inspection group consisting of representatives of Ukraine, the United Nations, Turkey, and Russia has arrived at the Razoni dry cargo ship and is inspecting it.
Canada contributes $40M to address grain storage deficit in Ukraine
The Food and Agriculture Organization of the United Nations (FAO) has launched a new $40 million Canada-funded project to further address grain storage shortages in Ukraine.
G7 to resist Russia's attempts to weaponise energy - statement
The foreign ministers of the G7 countries have condemned Russia's attempts to weaponise its energy exports and promised to work to reduce the share of imported Russian energy.
02 August 2022
Ship with Ukrainian grain anchors at entrance to Bosphorus Strait
The RAZONI ship loaded with Ukrainian grain, which reached the shores of Turkey today, anchored at the entrance to the Bosphorus Strait.
President: Our goal is regularity of grain supplies
An important goal for Ukraine is to ensure the regularity of grain supplies for export.
Russian war in Ukraine causes direct damage worth $108B - research
The total amount of documented damages brought by the Russian invasion of Ukraine has reached $108.3 billion, while minimum recovery needs is estimated at $185 billion
With June exports at $3.2B, Ukrainian PM hopes to see growth
As Ukraine exported goods worth 3.2 billion throughout June, the government now expects further growth in export volumes.
Ukraine receives €1B in macro-financial assistance from EU
Ukraine received EUR 1 billion in macro-financial assistance from the European Union in full.
Fifteen vessels with Ukrainian grain ready to depart, two more next in line – Vysotskyi
Currently, fifteen vessels loaded with grain are technically ready to depart from Ukrainian ports, and two more vessels are being finalized.
Ukraine’s state budget received about UAH 170B in July 2022
In July 2022, Ukraine’s state budget general fund received UAH 169.6 billion.
01 August 2022
Turkey shows Joint Coordination Center monitoring ‘grain corridors’ in Istanbul
Turkey’s National Defense Ministry has shown the Joint Coordination Center monitoring ‘grain corridors’ in Istanbul.
Sixteen vessels with Ukrainian food waiting for departure – Zelensky
Ukrainian President Volodymyr Zelensky believes it is too early to draw any conclusions and predict further events regarding the Ukrainian grain export initiative, and there cannot be any illusions that Russia will refrain from making attempts to disrupt Ukraine’s exports.
EU transfers EUR 1B in aid to Ukraine
The European Union has transferred EUR 1 billion in exceptional macro-financial assistance to Ukraine, with the first tranche of EUR 500 million already credited to the account of the National Bank of Ukraine.
US Embassy welcomes departure of first grain ship from Odesa
The US Embassy in Ukraine has welcomed the departure from the Odesa port of the first ship loaded with unblocked Ukrainian grain.
First ship loaded with Ukrainian grain leaves Odesa port
On Monday, August 1, the ship carrying Ukrainian grain departed the port of Odesa for the first time in the past five months.
Grain exports from Ukrainian ports must be ensured by military component - official
The export of grain from Ukrainian seaports must be ensured by a military component.
First grain ship set to leave Ukraine on Monday
The possibility of the first grain carrier leaving one of Ukraine's ports on Monday is high.
31 July 2022
Chamber of Commerce and Industry: Egypt hasn’t refused Ukrainian grain, new contract to be signed
Egypt will conclude a new contract with Ukraine for the supply of grain as the Ukrainian side was unable to fulfill its contractual obligations in March-April due to Russia’s blockade of ports.
First "grain caravan" to leave Ukraine for Africa within days - media
The first caravan consisting of 16 vessels will depart from the Ukrainian ports in the near future. The first ship is expected to enter Turkey’s territorial waters as early as August 3 before moving on to Africa.
Lebanon seizes Syrian ship carrying stolen Ukrainian grain
A Syrian ship carrying stolen Ukrainian grain was seized in Lebanon.
30 July 2022
S&P downgrades Ukraine’s rating to ‘CC’
S&P Global Ratings has downgraded Ukraine’s long-term foreign currency sovereign rating from ‘CCC+’ to ‘CC’.