Ukraine currently imports 31.9 thousand MWh of electricity from five European countries
As of June 14, the planned volume of electricity imports to Ukraine is 31.9 thousand MWh, and no exports will be carried out.
Economy
14 June 2024
Trukhanov: Odesa should become largest logistics center of Black Sea basin
Due to its favorable geopolitical location and the necessary infrastructure, Odesa claims to be the largest logistics center in the Black Sea basin.
Procurement for ₴128.3 billion announced through Prozorro system in May
In May, 7.3 thousand public customers announced procurement through the Prozorro system for UAH 128.3 billion, which is 63% more than in April.
46M tonnes of products exported from ports of Odesa region this year
As many as 46 million tonnes of goods, including agricultural products, have been exported through the ports of the Odesa region since the beginning of the year, a 70% increase compared to last year.
More than UAH 187 billion allocated for social payments since beginning of year - MoF
During the first five months of 2024, UAH 187.29 billion was allocated from the state budget for social payments, including UAH 113.9 billion for pension payments.
Russian attacks on energy infrastructure require significant efforts to sustain power system - ENTSO-E
Systematic attacks on Ukraine’s energy infrastructure in Ukraine require significant efforts from energy repair crews to maintain proper operation of the power system. Under current conditions, the capacity of interstate lines has reached its peak.
State budget receives ₴482.4 billion in taxes in five months
Revenues to the state budget in January-May 2024 from payments controlled by the State Tax Service of Ukraine amounted to UAH 482.4 billion.
Ukraine, Netherlands to create financing mechanism for Ukrainian arms makers
Ukraine and the Netherlands have signed a statement of intent to create a mechanism for financial support for Ukrainian arms manufacturers.
NATO countries should spend at least 0.25% of GDP on Ukraine aid – Estonia's defense minister
If NATO member states decide to allocate 0.25% of their combined GDP to Ukraine, it will far exceed the support figures proposed by Secretary General Stoltenberg and help Ukraine effectively fight against invading Russian forces.
IAEA says mine exploded at Zaporizhzhia NPP
A team of IAEA observers reported hearing explosions at the Russian-occupied Zaporizhzhia Nuclear Power Plant (ZNPP).
Denmark becomes first NATO country to invest in arms production in Ukraine
Denmark has become the first NATO country to invest in the production of weapons in Ukraine.
Income from immobilized Russian assets can be used including for military purposes - MP
Ukraine will be able to use interest accrued from frozen Russian assets in the amount of $50 billion for covering budget expenditures, humanitarian and military needs.
Energy Ministry sets up Group for coordination of international aid for prompt restoration of generation
The Ministry of Energy has created a Group for the coordination of international assistance for the prompt restoration of the energy system and preparation for winter, with Ukrainian and foreign experts on board.
Expert sees over 90% likelihood of Ukraine avoiding total blackout this winter
Ukraine has a high chance of maintaining the integrity of its power system throughout winter, despite Russian missile and drone strikes.
Ukraine introduces mandatory photo documentation of timber - government decision
Ukraine has introduced another mandatory digital tool to prevent abuses in the forestry industry - photo documentation of wood.
NBU expects international aid to reach $25B next year
The National Bank expects that Ukraine will receive $25 billion in external financing next year, which should be enough to cover the budget's expenses.
NBU lowers key policy rate to 13%
The National Bank of Ukraine (NBU) has decided to reduce the key policy rate to 13%.
13 June 2024
France confirms report on joint EUR 50B loan for Ukraine
By the end of 2024, the G7 countries will have provided Ukraine with another EUR 50 billion. The terms of the loan are yet to be determined by G7 finance ministers.
Aid toward increasing generation capacity, air defense: energy chief Galushchenko meets recovery envoy Pritzker
The Minister of Energy of Ukraine, German Galushchenko, held a meeting with the U.S. President’s Special Representative for Ukraine’s Economic Recovery, Penny Pritzker. The parties met during the Ukraine Recovery Conference in Berlin.
UK slaps new sanctions on Russia, including its shadow fleet
The United Kingdom has announced 50 new sanctions designations and specifications to degrade Vladimir Putin’s war machine, in coordinated action with G7 partners to support Ukraine.
Govt allocates additional UAH 2.5B to support power grid in Kharkiv region
The Cabinet of Ministers has allocated an additional UAH 2.5 billion to prepare the energy system of the Kharkiv region for the upcoming heating season.
G7+ partners announce additional assistance to Ukraine's energy sector worth over billion dollars
At a high-level meeting of the G7+ Coordination Group to assist Ukraine's energy sector in Berlin, additional assistance to Ukraine's energy sector totalling more than USD 1 billion was announced.
British PM to announce USD 309 million for Ukraine at G7 summit
At the G7 summit in Italy, British Prime Minister Rishi Sunak will announce the allocation of GBP 242 million (approximately USD 309 million) in aid to Ukraine.
Ukraine hopes to attract another EUR 10B from EU this year – Finance Ministry
Ukraine expects to attract another 10 billion euros from the European Union this year if the requirements set out in the Ukraine Plan are met.
Infrastructure Ministry, MasterCard to cooperate on restoring Ukraine's tourism industry
The Ukrainian Infrastructure Ministry and MasterCard have agreed to develop a strategy to promote Ukraine as a tourist country at the domestic and international levels.
Communities of Vinnytsia Region allocated UAH 1.5 billion in local budgets to support AFU
The communities of Vinnytsia region have allocated UAH 1.5 billion in local budgets to support the Armed Forces, and almost 30% of these funds have already been used for their intended purpose.
Gambling business paid UAH 7.38B in taxes and fees in Jan-May 2024
In January-May 2024, gambling organizers in Ukraine transferred UAH 7.38 billion in taxes and fees to the state budget.
12 June 2024
Ukrenergo: Power outage schedules to be in effect across Ukraine tomorrow from 20:00 to 22:00
On Thursday, June 13, hourly power outage schedules will be in effect across Ukraine from 20:00 to 22:00.
Restoration of Ukraine is among Italy's international cooperation priorities - Cirielli
The restoration and reconstruction of Ukraine are among the international cooperation priorities of Italy, which will host the next Ukraine Recovery Conference in 2025.