The Government continues to support businesses through soft credit programs, Prime Minister Denys Shmyhal has said. During a meeting, the Cabinet of Ministers has approved a resolution facilitating the attraction of up to UAH 60 million in preferential loans by enterprises that lost their production facilities due to the war. “We are talking about facilities…
The Ukrainian energy system has already stabilized, but Ukrainians should reduce electricity consumption during peak hours. Prime Minister Denys Shmyhal said this at a government meeting on October 14. “On October 13, we managed to stabilize electricity supply throughout the country after attacks by Russian terrorists on our energy infrastructure on October 10-12,” Shmyhal said.…
The Ukrainian Finance Ministry and the International Monetary Fund (IMF) have discussed the possibility of launching a new loan program to ensure the priority expenditures of Ukraine’s state budget for 2023. The relevant statement was made by the Ukrainian Finance Ministry, following a meeting between the Finance Minister Sergii Marchenko and the IMF’s representatives. “In…
Ukraine was prepared for the situations that russia would try to destroy important infrastructure facilities – various response scenarios were developed, Prime Minister Denys Shmyhal noted at a Government session. “The Ukrainian power grid is operating as normal. We did not request any emergency aid from our European neighbors. We don’t experience a shortage of…
Prime Minister Denys Shmyhal appealed to citizens and businesses to reduce electricity consumption from 5:00 p.m. to 10:00 p.m. in order to stabilize the power system, which had been damaged by russian missile attacks. “We are grateful to all Ukrainians who have deliberately reduced electricity consumption. The total saving was 10%. We also thank the…
Around 30% of energy infrastructure in Ukraine has been hit by Russian missiles since October 10, Ukraine’s Energy Minister Herman Halushchenko has said. “We send this message to our partners: we need to protect the sky,” he said. “Russians are not playing games on international laws. They don’t care about any kind of international agreements…
Power engineers and emergency teams have restored power supply in most of the cities and villages de-energized after Russian missile attacks on critical infrastructure on October 10, Prime Minister Denys Shmyhal has reported on Telegram. “For the second day in a row, the terrorist state continues its massive attack on energy infrastructure facilities. On October…