State-owned banks ready to provide lending for communities to install generation – energy ministry
Ukrainian state-owned banks are ready to provide lending for local communities planning to install power generation facilities.
Economy - Latest news
16 October 2024
Brave1 participants already receive $8M in grants from the state – Fedorov
The Brave1 defense tech cluster participants have already received USD 8 million in grant support from the state for the development of technology startups.
15 October 2024
PM Shmyhal assures that there enough money for “winter” subsidies, benefits
The Pension Fund will automatically recalculate the amount of payments for the heating season for people who receive housing subsidies and benefits.
Kharkiv will receive 127 cogeneration units - PM
As part of its winterization efforts, the government is paying attention to nine frontline and border areas. In particular, 127 cogeneration units and eight gas piston units have been delivered or confirmed to Kharkiv.
14 October 2024
Poltava region’s farmers obtain over UAH 69M in government assistance via SAR
In the Poltava region, a total of 515 agricultural producers have obtained UAH 69.2 million in government assistance for about 17.3 thousand hectares of cultivated land.
More than 180 small businesses set up by veterans in Ivano-Frankivsk community
The veterans who returned from the Russo-Ukrainian war have already set up more than 180 small businesses in the Ivano-Frankivsk community.
Zelensky visits production facilities of defense industry
President Volodymyr Zelensky visited production facilities of the defense industry and thanked its employees for their contribution to strengthening the country.
13 October 2024
Heat supply phase begins in preparation for heating season – State Energy Inspection
As Ukraine prepares for the heating season, the heat supply phase is now beginning.
Every region of Ukraine to receive development roadmap in February
In February 2025, each Ukrainian region will receive its own development roadmap.
Ukrainian farmers already harvested over 62M t of new crops
As of October 11, farmers in Ukraine harvested 62.2 million tonnes of new crops from an area of 16.8 million hectares.
12 October 2024
Investments in weapons production: President instructs MoD to implement French model of cooperation
President of Ukraine Volodymyr Zelensky has instructed the Ministry of Defense to ensure the implementation of the French model of cooperation, which involves attracting investment to create new production facilities.
More than 30,000 ha of Ukrainian farmland cleared of mines in September
In September 2024, sappers surveyed and cleared of mines more than 30,500 hectares of agricultural land in Ukraine, which is 1.5 times more than in the previous month.
Sybiha, Borrell discuss progress on providing EUR 35B loan to Ukraine
Ukraine’s Foreign Minister Andrii Sybiha, during a phone conversation with the EU High Representative Josep Borrell, discussed the progress on providing 35 billion euros in loans to Ukraine using frozen Russian assets.
Turkey slaps duties on Russian steel products
Turkey has imposed anti-dumping duties on imports of certain steel products from Russia, China, India and Japan.
Price growth in September higher than forecast - NBU
In September 2024, consumer inflation accelerated to 8.6% year-on-year, up from 7.5% in the previous month.
Over 500 Ukrainian settlements in blackout due to hostilities and technological disruptions
As of the morning of Saturday, October 12, as many as 511 settlements in Ukraine remain without electricity due to hostilities and technological disruptions.
No power outages expected in Ukraine on Oct 12
The authorities will not restrict energy consumption across Ukraine on Saturday, October 12.
Yermak meets with Italy’s minister of enterprises in Rome
Head of the Ukrainian President's Office Andriy Yermak met with Minister of Enterprises and Production Adolfo of Italy Adolfo Urso in Rome.
11 October 2024
75M tons of cargo shipped via Ukrainian maritime corridor
Since the launch of Ukraine’s maritime corridor, 75 million tons of cargo have been shipped, including 50 million tons of agricultural products.
World Bank approves creation of financial trust fund for Ukraine worth at least USD 10B
The World Bank's Board of Directors has approved the creation of a special financial trust fund for Ukraine, which will amount to at least USD 10 billion.
Ukraine, Hungary to establish cooperation between two countries' farmers
Ukrainian Agrarian Policy and Food Minister Vitaly Koval has met with Hungarian Agriculture Minister Istvan Nagy as part of his working visit to Hungary.
World Bank approves creation of financial intermediary fund to support Ukraine - media
The World Bank's executive board on Thursday approved the creation of a financial intermediary fund (FIF) to support Ukraine.
Naftogaz Group produces more than 11 bcm of gas over nine months
In January-September 2024, Naftogaz Group’s companies produced more than 11 billion cubic meters of gas, which is 0.7 billion cubic meters higher compared to the same period last year.
Zaporizhzhia NPP restores connection to backup power line - IAEA
At the occupied Zaporizhzhia Nuclear Power Plant (NPP), the connection to a 150-kilovolt backup power line has been restored.
10 October 2024
Russia has already damaged almost 300 port infrastructure facilities - Kuleba
In recent months, Russia has been deliberately attacking Ukraine's port infrastructure and has already damaged or destroyed nearly 300 facilities.
USAID attracts nearly $1.75B to support Ukraine's agricultural sector
The United States Agency for International Development (USAID) announced the expansion of the Agriculture Resilience Initiative-Ukraine (AGRI-Ukraine), attracting nearly $1.75 billion in additional investments for Ukraine's agricultural sector through nine new partners from the private sector, international financial institutions, and other donors.
Ukraine can strengthen Europe’s energy security in new geopolitical conditions – Naftogaz CEO
The role of Ukraine in Europe’s energy system will only grow in the future, and the country can strengthen the energy security of the European continent thanks to its developed infrastructure.
Businesses step up development of renewable energy sources in 2024 – expert
Following the war-related crisis of conventional generation, businesses intensified the development of renewable energy sources in 2024 compared to last year.
New sanctions against Russia: Ukraine imposes restrictions on 90 individuals, 57 companies
Ukrainian President Volodymyr Zelensky has enacted the decision of the National Security and Defense Council of Ukraine (NSDC) to impose personal sanctions against 90 individuals and four legal entities, as well as 57 companies.
Ukraine's PM, World Bank official discuss projects to support Ukraine budget
Ukrainian Prime Minister Denys Shmyhal and World Bank Managing Director of Operations Anna Bjerde have discussed projects to support Ukraine's state budget.