NBU sells $638M on interbank market in past week
The National Bank of Ukraine (NBU) sold more than $638 million on the interbank foreign exchange market over the past week.
Economy - Latest news
05 September 2023
04 September 2023
Shmyhal chairs meeting on improving business climate, anti-corruption reforms
Prime Minister Denys Shmyhal chaired an interdepartmental meeting of government officials, representatives of the President's Office, the National Bank, and central executive government bodies.
Ukraine, Italy discuss energy needs for next winter
Ukraine has already received 15 shipments of humanitarian aid from Italy with a total weight of more than 161 tons, but the nation needs, in particular, high-voltage equipment for the energy sector.
Search for alternative ways of delivering Ukrainian grain never stops - Baerbock
Romania plays an important role in the EU's efforts to establish alternative maritime routes for the export of Ukrainian grain.
Erdogan, Putin fail to agree on resumption of grain deal
At a meeting in Sochi, the presidents of Türkiye and Russia failed to agree on Moscow's fulfillment of the terms of the Black Sea Grain Initiative agreement and the resumption of the grain corridor.
Ukraine working with partners to restore Black Sea Grain Initiative - Zelensky
Ukraine is in contact with partners around the world to reinstate the Black Sea Grain Initiative.
03 September 2023
Share of MoD’s problematic receivables stands at 2.7% - minister
The share of problematic receivables of Ukraine’s Defense Ministry is a mere 2.7%.
Minister Reznikov: Ukraine received about $100B from partners since invasion started
Ukraine has received about USD 100 billion in aid from partners since Russia’s full-scale invasion started.
Ukrainian farmers get UAH 49B in development loans in 2023
Since year-start, as of September 1, more than 10,000 Ukrainian agricultural enterprises have received a total of UAH 49 billion in bank loans for capacity development.
Government allocates over UAH 277M for accommodating IDPs
The government has allocated more than UAH 277.7 million in compensation for utility services consumed during the free stay of internally displaced persons in state-owned, municipal, and private facilities.
02 September 2023
Two more vessels successfully pass via temporary grain corridor
Two more ships successfully passed through Ukraine’s temporary Black Sea grain corridor.
World Bank allocates $232M for critical housing repairs in Ukraine
A new World Bank project "Housing Repair for People’s Empowerment Project” will enable 100,000 families in Ukraine make urgent repairs of homes damaged by Russia’s invasion.
Ireland to support displaced residents of Mariupol, contribute to city reconstruction
Ireland is ready to support the residents of Mariupol forced to flee their homes amid Russia’s war and help Ukraine in the future reconstruction of the strategic port city on the coast of the Sea of Azov.
Danish government increases aid for Ukraine reconstruction
Denmark will expand development aid to Ukraine to 1.5 Danish kroner ($160 million) in 2024.
Ukraine harvests over 33M t of new crop grains, oilseeds
As of September 1, 2023, Ukraine harvested over 33 million tonnes of new crops, including 29.184 million tonnes of grain and over 4 million tonnes of oilseeds.
01 September 2023
NACP adds PepsiCo, Mars to list of int'l war sponsors
The National Agency for Corruption Prevention of Ukraine (NACP) has added leading food corporations PepsiCo and Mars to the list of international sponsors of Russia's war.
Finnish company suspected of violating anti-Russian sanctions
In Finland, the Central Criminal Police (KRP), together with other agencies, conducted an investigation into procurement and logistics operators suspected of involvement in the export of high technology through the country to Russia.
Two vessels leaving Pivdennyi port via temporary corridor
The bulk carriers ANNA-THERESA (flag of Liberia) and OCEAN COURTESY (Marshall Islands) left Ukraine's Pivdennyi port and are moving along the established corridor towards the Bosphorus.
ZNPP operated in violation of safety principles - Korikov
Russians are using Zaporizhzhia nuclear power plant (ZNPP) in violation of safety rules.
Ukraine has exported more than 4.5M tonnes of grain, legumes
In the 2023/2024 Marketing Year, Ukraine has already exported 4.521 million tonnes of grain and legumes.
World Bank announces support for critical housing repairs in Ukraine
As part of the new project launched by the World Bank, more than 100,000 families in Ukraine will receive aid to make urgent repairs to homes damaged by Russian attacks.
31 August 2023
UN prepares new proposals for "grain corridor" - MFA Türkiye
The UN has drafted a new package on the grain deal, taking into account Turkish suggestions, which can become the basis for the revival of the Black Sea Grain Initiative.
Russia faces fuel shortage - media
Russia has faced a shortage of fuel needed for harvesting in some parts of the southern farmlands. The situation may worsen in the coming months.
Ukraine, Italy discuss need for external financing in 2024
Minister of Finance Sergii Marchenko of Ukraine and Minister of Economy and Finance Giancarlo Giorgetti of Italy held a phone call to discuss the financial needs of Ukraine’s state budget for the current and next year, the implementation of the 4-year Ukraine Facility program, and Italy’s participation in the reconstruction of Ukraine.
Ukraine expects Türkiye to snub Russia’s grain deal offer
The Ministry of Foreign Affairs of Ukraine issued a comment in connection with the latest reports on Russia’s attempts to regulate the export of grain in the Black Sea without resuming the export of Ukrainian grain from Ukrainian ports.
Ports of Danube cluster ship over 1.5M tons of agri-products over two weeks of August
During the first 15 days of August, the Danube ports in Odesa region shipped 1,750,000 tons of agricultural products.
SNRIU: Safety condition at ZNPP requires independent assessment
The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) proposes to conduct an independent assessment of radiation and nuclear safety at the temporarily occupied Zaporizhzhia nuclear power plant (ZNPP).
30 August 2023
Ukraine received $4.3B through World Bank's project in 1st quarter
In the first quarter of 2023, international partners reimbursed priority expenditures of the Ukrainian budget in the amount of $4.3 billion within the framework of the World Bank’s project "Supporting public expenditures to ensure sustainable public administration in Ukraine" (PEACE in Ukraine).
US ports will help restore Ukraine's maritime infrastructure
SE "Ukrainian Sea Ports Authority" (USPA) signed a memorandum with the ports of South Louisiana and New Orleans (USA) on cooperation in the areas of technical planning, development, construction, administration, operation, and maintenance of port infrastructure.
Prices in Ukraine “more or less stable” despite war - economist
Mykhailo Nepran, the first vice-president of the Chamber of Commerce and Industry of Ukraine, a member of the Ukrainian Business Council, admitted possible price fluctuations due to market conditions while dismissing any reasons for price panic.