Ukraine plans to establish National Development Institution
The Verkhovna Rada has adopted in the first reading the draft law on the National Development Institution.
Economy - Latest news
18 June 2024
State Property Fund sells Grain Processing Plant in Bukovina
The State Property Fund of Ukraine has announced an auction for the sale of the unified property complex of the Nepolokivtsi Grain Processing Plant on June 24, 2024, with a starting price of UAH 217.4 million.
Ukraine budget’s general fund expenditures stand at UAH 1.26 trillion over five months
In January - May 2024, the total amount of cash expenditures of the national budget’s general fund amounted to UAH 1,257.9 billion, with UAH 311.6 billion spent in May alone.
Ukraine, Poland to deepen cooperation in dairy industry
Representatives of the dairy sector from Ukraine and Poland signed a Memorandum of Understanding in the Polish city of Bialystok.
DFC to finance political risk insurance transactions in Ukraine for $350M
During the Ukraine Recovery Conference (URC2024), the U.S. corporation DFC announced a financing package that includes political risk insurance for Ukraine for $350 million.
Zelensky signs bill on single roaming zone with EU into law
Ukrainian President Volodymyr Zelensky has signed into law the bill on a single roaming zone with the European Union.
China should pay for supporting Russia's war in Ukraine - NATO chief
NATO Secretary General Jens Stoltenberg has said that China should face consequences for supporting Russia's war in Ukraine, if it does not change its ways.
Ukraine needs to streamline anti-dumping procedures - MP
In order to protect the domestic market from unfair imports, Ukraine needs to simplify and pace up anti-dumping investigation protocols.
Scheduled blackouts across Ukraine cancelled until 15:00
The national power grid operator Ukrenergo has revised electricity consumption caps set up for Tuesday.
17 June 2024
Parliament committee backs bill to complete construction of two reactors at Khmelnytskyi NPP
The Verkhovna Rada Committee on Energy, Housing and Utility Services has supported a bill to complete the construction of power units No. 3 and No. 4 at the Khmelnytskyi Nuclear Power Plant.
Power outage schedules on Tuesday to be in effect during whole day
On Tuesday, June 18, from 00:00 p.m. to 24:00 p.m., schedules of hourly power outages will be in effect in all regions of Ukraine.
Ukrzaliznytsia received equipment and machinery worth more than USD 7 million under World Bank project
Ukrzaliznytsia JSC received equipment and machinery worth more than USD 7 million as part of the World Bank's Relinc project.
Halushchenko: Khmelnytskyi NPP to be completed with loan
To complete the construction of the Khmelnytskyi NPP, it is planned to raise loan funds, as well as Energoatom's funds.
Consumers in six regions of Ukraine have no electricity supply due to hostilities
As of the morning of June 17, consumers in six regions remain without power supply due to the hostilities.
Pension Fund allocates ₴40.7 billion for social payments in June
In June, the Pension Fund of Ukraine allocated UAH 40.7 billion for social payments, of which 37.4 billion was spent on pensions.
Government offers investors restructuring of 13 issues of Ukrainian Eurobonds
The Cabinet of Ministers of Ukraine has offered investors the conditions for the restructuring of 13 series of Ukrainian Eurobonds, which should take place by August 1, 2024.
Yellen dismisses Putin’s claims of loan to Ukraine being “theft”
U.S. Treasury Secretary Janet Yellen says the Group of Seven $50 billion loan to Ukraine financed by the interest off frozen Russian assets is absolutely legal despite Russia’s protest.
Power outage schedules across Ukraine on Monday will be in effect from 08:00 to 24:00
On Monday, June 17, hourly power outage schedules will be applied in all regions across Ukraine from 08:00 to 24:00.
Small-scale privatization via Prozorro.Sale already raised UAH 17.2B
Since the launch of privatization auctions via the Prozorro.Sale platform, 6,000 successful auctions have been held, raising more than UAH 17.2 billion.
16 June 2024
Ukrainian, Kenyan presidents discuss agricultural export projects
Ukrainian President Volodymyr Zelensky has met with his Kenyan counterpart William Ruto as part of the Peace Summit in Switzerland.
Ukrainians transfer UAH 16.4M in voluntary pension insurance contributions sine year-start
In January-May 2024, the compulsory state pension insurance system received UAH 16.4 million in voluntary contributions.
15 June 2024
No power outages expected in Ukraine on Sunday
Hourly shutdown schedules will not be applied in any regions of Ukraine on Sunday, June 16.
U.S. announces $1.5B in aid to Ukraine's energy sector
Today, as part of the Summit on Peace in Ukraine and her sixth meeting with Ukrainian President Volodymyr Zelensky, Vice President Kamala Harris is announcing that the United States will provide over $1.5 billion through USAID and the State Department to support the people of Ukraine.
Zhytomyr region increased acreage for corn, sunflower and soybeans
In 2024, farmers in the Zhytomyr region increased the sown area under spring grains and legumes by 9.6 thousand hectares.
Import of goods into Ukraine up by 7.6% - State Statistics Service
In January-April 2024, Ukraine imported goods worth $21.92 billion, 7.6% up on year. At the same time, the export of Ukrainian goods increased by 0.3%, to $13.45 billion.
Ukrgasvydobuvannya receives 102 diesel generators from USAID
JSC Ukrgasvydobuvannya has received 102 diesel generators purchased through the USAID Energy Security Project (USAID ESP).
14 June 2024
Ukraine currently imports 31.9 thousand MWh of electricity from five European countries
As of June 14, the planned volume of electricity imports to Ukraine is 31.9 thousand MWh, and no exports will be carried out.
Trukhanov: Odesa should become largest logistics center of Black Sea basin
Due to its favorable geopolitical location and the necessary infrastructure, Odesa claims to be the largest logistics center in the Black Sea basin.
Procurement for ₴128.3 billion announced through Prozorro system in May
In May, 7.3 thousand public customers announced procurement through the Prozorro system for UAH 128.3 billion, which is 63% more than in April.
46M tonnes of products exported from ports of Odesa region this year
As many as 46 million tonnes of goods, including agricultural products, have been exported through the ports of the Odesa region since the beginning of the year, a 70% increase compared to last year.