Founded in 1918
Thursday, 07 November 2024, 23:34
28 July 2023
Leading international law firm Covington & Burling LLP, which acts as a legal advisor to Naftogaz Group, will engage the American investigation company K2 Integrity to enforce the USD 5 billion judgment of the Hague Tribunal in the Crimean case.
Mykolayiv region received about UAH 2.5 billion from the state for the restoration of social infrastructure and water supply facilities.
27 July 2023
Prime Minister of Ukraine Denys Shmyhal held an online meeting with representatives of the US Congress. Financial and security assistance, anti-corruption reform, and food security were discussed.
The head of the State Property Fund, Rustem Umyerov, discussed with the G7 and EU ambassadors the start of large-scale privatization and the issue of improving corporate governance.
The state budget of Ukraine received US$ 1.5 billion in concessional financing, which is provided under the guarantee of the Government of Japan through the World Bank Trust Fund facility.
The National Bank of Ukraine (NBU) has improved its inflation forecast for 2023 from 14.8% to 10.6%.
The National Bank of Ukraine (NBU) has improved its GDP growth forecast for this year to 2.9%. Next year, the economy will grow by 3.5%, and by 6.8% in 2025.
The National Bank of Ukraine (NBU) has decided to cut its key policy rate to 22%.
The experience of the Czech Republic in developing the distributed generation and building networks is a good example of energy system decentralization. Hence, Ukraine is interested in implementing the joint projects on distributed generation.
Ukraine has received about $27 billion from international partners since the beginning of 2023.
A program to support industrial parks will be launched in Ukraine this year.
President Volodymyr Zelensky has signed a law amending the Tax Code and other laws of Ukraine regarding taxation during martial law.
26 July 2023
On July 25, 2023, following Russian attacks, one of the main power transmission lines was damaged in eastern Ukraine.
The National Energy and Utility Regulation Commission (NEURC) agreed on the procedure for the distribution of revenues from the management of restrictions between operators of the transmission systems of Ukraine and Romania.
The government team is drafting a special road map - the Ukraine Plan for structural reforms and investment projects that Ukraine is set to implement in the next four years.
This year, Ukrainian farmers expect to harvest 69 million tonnes of grain and oil crops, so the export potential of Ukraine may exceed 50 million tonnes.
Currently, there is already an agreement with donors to allocate USD 244 million to Ukraine and special equipment for the needs of humanitarian demining.
After the announcement of the transfer to Ukraine of EUR 1.5 billion from the package of macro-financial assistance plus (MFA+), which the EU allocated for Ukraine in 2023, the European Commission (EC) announced the decision to carry out the next transfers in August and September of 2023, in view of Ukraine's progress on the path of reforms even in the conditions of Russia's war.
The gas infrastructure is more stable and protected than the energy infrastructure, but Ukrainians should still stock up on backup power sources today, rather than waiting for winter.
Enemy trucks with stolen Ukrainian grain from the Crimean direction do not decrease, traffic on the roads remains dense.
25 July 2023
By blocking Ukrainian grain exports to foreign markets, Russia cynically hopes to increase its own export profits in order to finance its war of aggression against Ukraine.
Ukrainian defense companies and enterprises have displayed their stands at the IDEF’23 International Defense Industry Fair, which has opened in Istanbul today.
The Baltic states are ready to offer five large ports within their borders to contribute to the export of Ukrainian grain to the global markets.
In view of Russia's withdrawal from the Black Sea Grain Initiative, Lithuania considers it expedient to make wider use of the Baltic route for Ukrainian grain export. It involves Baltic ports in export operations with Ukrainian food. Customs and border clearance procedures for such cargoes should also be done there.
Cabinet of Ministers has allocated UAH 3.5 billion for the reconstruction of communities in Kyiv, Zaporizhzhia, Mykolaiv, Odesa, Sumy, Chernihiv, Kharkiv and Kherson regions from the Fund for the Elimination of the Consequences of Armed Aggression.
Any continuation of restrictions on the export of Ukrainian agricultural products is unacceptable and un-European.
The President of the European Commission, Ursula von der Leyen, announced today the transfer of the next tranche of additional macro-financial assistance for Ukraine in the amount of EUR 1.5 billion.
With its missile and air strikes on Odesa and other cities and regions of Ukraine, Russia purposefully seeks to deprive the Ukrainian economy of its main source of income, and unconditionally destroys peaceful residences and historical heritage.
In the 2023/2024 marketing year (MY) (July 1-24, 2023), Ukraine exported 1.666 million tonnes of grains and legumes.
24 July 2023
The Special Representative of Ukraine for the Middle East and Africa, Maksym Subh, called on the Deputy Minister of Foreign Affairs of Egypt, Igab Nasr, to join the implementation of Volodymyr Zelensky’s Peace Formula and to actively join international efforts to restore supplies of Ukrainian grain to the African continent.