Founded in 1918
Friday, 22 November 2024, 20:23
The government has forecast that inflation in Ukraine will remain below 10.4% on an annual basis over the next two years, with a further slowing to 5.9% in 2027. This information is set out in the Budget Declaration for 2025-2027.
The Cabinet of Ministers of Ukraine has approved the Budget Declaration for 2025-2027, which outlines a gradual economic recovery. In particular, GDP is expected to grow by 2.7% in 2025.
29 June 2024
Currently, 35,203 MWh of electricity is expected to be imported.
The President signed the Law "On the Bureau of Economic Security of Ukraine" to improve the work of this agency.
The International Monetary Fund has approved a USD 2.2 billion tranche to support Ukraine's state budget.
On Saturday, June 29, power supply limits will be in effect from 00:00 to 24:00.
Sixteen regions of Ukraine have already started the harvesting campaign. Early grain crops were gathered from more than 200 thousand hectares with over 720 thousand tonnes of the new-harvest grain threshed.
28 June 2024
Thanks to the support of partners, social payments will be paid to Ukrainians in full next year.
On 28 June, the Cabinet of Ministers approved a financial agreement between Ukraine and the European Union that regulates grant assistance under the Ukraine Facility in the amount of EUR 5.27 billion over the next four years.
Due to rising temperatures, electricity consumption is expected to increase by 2.5% on 28 June compared to the previous day. Emergency assistance is being used to avoid an increase in blackouts.
The International Atomic Energy Agency (IAEA) has reported the destruction of the ZNPP external radiation monitoring station, which is currently under Russian occupation.
The State Service of Geology and Subsoil has renewed special permits for the use of subsoil, including for gas production, for companies owned by former MP Vadym Novynskyi.
In January-May 2024, Ukrgasvydobuvannya JSC transferred UAH 9.85 billion in rent payments to the consolidated budget.
In January-March 2024, Naftogaz Group generated UAH 10.9 billion in net profit compared to UAH 1.4 billion worth of losses suffered during the same period last year.
The Ukrainian side offers partners who are planning long-term support to purchase drones produced in Ukraine. It will be effective in terms of logistics, pricing and quality.
27 June 2024
In the first 10 months of the Ukrainian sea corridor's operation, port cargo turnover reached a record 55 million tonnes, most of which is agricultural products.
Lithuanian partners can help Ukraine get rid of its dependence on Chinese-made components in the production of drones and prevent Russia from copying Ukrainian developments of new UAVs.
On Thursday, June 27, hourly power outage schedules will be in effect from 00:00 to 24:00 across Ukraine.
26 June 2024
Prime Minister Denys Shmyhal and Minister of International Trade, Export Promotion of Canada Mary Ng have discussed the updated Canada-Ukraine Free Trade Agreement, which comes into force on July 1.
Ukraine has significant potential for the development of life insurance, which can become a source of long-term funds for the economy.
The European Commission has delivered an X-ray scanner for checking trucks to the border between Ukraine and Hungary, which will be used to speed up cross-border clearance of cargo transport through the "solidarity corridors".
Purchase prices for milk have not changed compared to the beginning of June; the weighted average price of three grades was 13.44 UAH/kg excluding VAT, which is 6 kopecks less than a month ago.
In the Donetsk region, the total area of agricultural crop fields has reduced by about 80% this year compared to the pre-invasion period.
The embargo on Russian liquefied petroleum gas (LPG) imports, coming into effect in the European Union from late 2024, will be unable to fully block the flow of such fuel imports to the Ukrainian market.
Ukrainian Energy Minister German Galushchenko and Director of the Energy Community Secretariat Artur Lorkowski have met and discussed the procurement of distributed generation equipment through the Ukraine Energy Support Fund.
25 June 2024
National Bank of Ukraine (NBU) Governor Andriy Pyshnyy and Ukrainian Finance Minister Sergii Marchenko have signed a credit agreement under the Ukraine Facility.
Ukrainian Prime Minister Denys Shmyhal has met with Swedish International Development Cooperation and Foreign Trade Minister Johan Forssell and business representatives to discuss increasing investment in Ukraine.
24 June 2024
At a meeting in Kyiv with German Bundesrat President Manuela Schwesig, Prime Minister Denys Shmyhal expressed gratitude to Germany for its support and significant contribution to strengthening Ukraine.
The EU Council of Ministers adopted the 14th package of sanctions against Russia, which provides for measures against Russia’s "shadow" fleet of tankers and introduces tougher restrictions on Russian flights in the EU airspace.