NBU sells over $469.4M on interbank market in past week
The National Bank of Ukraine (NBU) sold $469.4 million on the interbank foreign exchange market over the past week.
Economy - Latest news
15 August 2023
14 August 2023
Germany plans to allocate EUR 5B in aid to Ukraine every year - Lindner
Finance Minister of Ukraine and Germany - Sergii Marchenko and Christian Lindner - signed a memorandum of cooperation between the two countries.
Investments for reconstruction: Shmyhal meets with German finance minister Lindner
Prime Minister of Ukraine Denys Shmyhal discussed the prospects of investment cooperation for Ukraine’s reconstruction with German Federal Finance Minister Christian Lindner.
Ukraine has 12.3 bcm of gas in its storage facilities - Energy Ministry
As of August, more than 12.3 billion cubic meters of gas were pumped into Ukraine’s underground storage facilities.
13 August 2023
Ukraine forming multi-level protection for energy facilities – PM Shmyhal
In Ukraine, five nuclear power units have already been repaired, while four more are currently being repaired.
Ukraine's nuclear watchdog slams IAEA position on ZNPP
Ukraine would like the IAEA to be more critical of the actions of the Russian invaders at the Zaporizhzhia Nuclear Power Plant (ZNPP).
12 August 2023
Navy does not observe Russian ships in corridor for merchant ships in Black Sea
The Naval Forces of the Armed Forces of Ukraine do not observe Russian ships in the part of the Black Sea where the corridor for merchant ships passes, but the Ukrainian military has warned ship owners and captains that it is impossible to guarantee 100 percent safety of ships now.
More than 1,700 damaged buildings restored in Kyiv region’s Makariv
More than 1,700 objects, including 1,317 residential buildings, have been fully or partially restored in the urban-type settlement of Makariv, Kyiv region.
11 August 2023
IAEA to closely monitor transition of ZNPP’s unit 6 to hot shutdown
Director General of the International Atomic Energy Agency, Rafael Grossi, says the agency’s team will be closely monitoring the process of putting unit 6 of the Zaporizhzhia nuclear power plant, held by the Russian forces, into “hot shutdown.”
Ukraine discusses with int’l partners increasing exports via the Danube
Within the framework of the Ukraine-USA-European Commission-Romania-Moldova meeting, the Deputy Prime Minister for Reconstruction, Minister of Community Development, Territories and Infrastructure of Ukraine Oleksandr Kubrakov discussed ways to increase the volume of Ukrainian exports, including through the Danube.
Zelensky on grain exports: We are doing everything for Ukraine to have access to world markets
President of Ukraine Volodymyr Zelensky held a meeting with the military on alternatives to grain exports via the transit corridor.
Russians want to put ZNPP unit 6 on hot shutdown
The Russians are grossly violating the operating conditions of unit 6 of Zaporizhzhia nuclear power plant (ZNPP) by putting it into a hot shutdown state.
Almost 23M tonnes of new crop harvested in Ukraine
As of August 11, 2023, 22.961 million tonnes of grain and leguminous crops were harvested in Ukraine on an area of 5.292 million ha with a yield of 43.7 centner/ha.
Power engineers connect ZNPP to main power line - Energy Ministry
On the evening of August 10, power engineers connected Zaporizhzhia nuclear power plant (ZNPP) to the main power line.
Water leakage at ZNPP unit 4 due to Russian actions - Energoatom
An incident with water leakage from the first circuit to the second circuit occurred at unit 4 of Zaporizhzhia nuclear power plant (ZNPP) due to the criminal actions of the invaders.
Ukraine’s inflation pace in July lower than projected - NBU
The National Bank believes that the slowdown in inflation in July was due to an increase in the supply of raw food products, as well as a favorable situation on the foreign exchange market.
Agrarian Ministry increases forecast of 2023's grain, oilseed harvest to 76.7M t
The Ministry of Agrarian Policy and Food of Ukraine has updated its forecast for gross production of grains and oilseeds and expects Ukrainian farmers to harvest up to 76.7 million tonnes in 2023.
Ukraine's parliament terminates agreement with Russia on cooperation in plant quarantine
The Verkhovna Rada has adopted a bill terminating the agreement between the Cabinet of Ministers of Ukraine and the Government of the Russian Federation on cooperation in the field of plant quarantine.
Preparations for heating season should be accelerated – PM Shmyhal
Prime Minister of Ukraine Denys Shmyhal held a meeting with the Minister of Energy and representatives of Ukrenergo.
31 int'l companies included in war sponsors list - NACP
The list of war sponsors includes 31 international companies.
10 August 2023
Ukraine to focus on protecting energy facilities during heating season - minister
Minister of Energy German Galushchenko held a working field meeting in Poltava, during which the issues of preparing for the heating season, protecting the energy infrastructure, and ensuring uninterrupted operation of key enterprises in the region were discussed.
Economy Ministry forecasts 3.2% GDP growth this year
The Ministry of Economy of Ukraine outlined the prospects and factors for economic growth this year and next, considering the explosion of the Kakhovka hydroelectric power plant and Russia's withdrawal from the grain deal.
EU spox says there is intl consensus on need to reinstate Black Sea grain export deal
Efforts to restore the operation of the Black Sea Grain Initiative are ongoing and there is an international consensus on the need to return to this initiative.
Ukraine adds spirits company Bacardi to list of war sponsors
Ukraine's National Agency on Corruption Prevention (NACP) has included Bermuda-based company Bacardi Limited, which imported $169 million worth of goods to Russia last year, in the list of international war sponsors.
ZNPP loses power from main line, on verge of blackout - Energoatom
On the night of August 10, Zaporizhzhia nuclear power plant (ZNPP), temporarily seized by Russian troops, lost power from the main 750 kV external power line.
Russian ruble approaches 100 per USD
The fall of the Russian ruble continues amid a significant outflow of foreign currency, deteriorating foreign trade conditions and sanctions in connection with Russia's war against Ukraine.
Inflation in Ukraine slows to 11.3% in annual terms - statistics service
Consumer prices in July 2023 decreased by 0.6% compared to June. On an annualized basis, inflation was 11.3%.
Agricultural export restrictions: Solskyi held talks with Hungary, Slovakia ministers
Minister of Agrarian Policy and Food of Ukraine Mykola Solskyi held talks with Minister of Agriculture of Hungary István Nagy, Minister of Agriculture and Rural Development of the Slovak Republic Jozef Bires, and Minister of Transport of the Slovak Republic Pavol Lančarič.
09 August 2023
Ukraine's government allocates UAH 4.8B to regions for reconstruction
The Cabinet of Ministers of Ukraine has allocated almost UAH 4.8 billion to the regions to implement projects aimed at restoring the normal life of communities.
U.S. imposes new sanctions on Belarus
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated eight individuals and five entities identifying one aircraft as blocked property on the three-year anniversary of the Belarusian authorities' falsification of the August 2020 presidential election and their callous crackdown on the Belarusian protest movement demanding fundamental freedoms