President of Ukraine Volodymyr Zelensky has said it is necessary to expand the existing grain export initiative in the coming weeks. Speaking at a meeting of the UN Security Council via video link, the president emphasized that the Russian Federation had put the world on the brink of an unprecedented famine. In particular, as a…
More than 80% of enterprises have returned to operations in Ukraine, the Prime Minister of Ukraine Denys Shmyhal has said. “Credit, tax and regulatory incentives, along with other point aid, made it possible to sustain our economic front. As a result, more than 80% of enterprises have now returned to work,” the prime minister said.…
Ukrenergo National Power Company expects that the European Network of Transmission System Operators (ENTSO-E) will endorse a decision to increase Ukraine’s electricity export capacities from September 2. The relevant statement was made by Ukrenergo National Power Company Board Chairman Volodymyr Kudrytskyi during a discussion regarding the August economic survey. According to Kudrytskyi, Ukrenergo is planning…
The joint efforts of state authorities led by President Volodymyr Zelenskyy have made it possible to attract more than $14 billion in external financing from Ukraine’s allies. Ukraine plans to receive another sum worth $12 to $16 billion until the end of the year, Prime Minister Denys Shmyhal has announced during a session of the…
The digital driving license and vehicle registration passport in the Diia will soon be displayed in the Polish mObywatel application thanks to the cross-state sharing service. This became known during a joint briefing of the Deputy Prime Minister – Minister of Digital Transformation of Ukraine Mykhailo Fedorov and the Secretary of State for Digital Affairs…
The direct losses to the Ukrainian economy caused by the Russian invasion of Ukraine have already reached about $113.5 billion, according to the KSE Institute at the Kyiv School of Economics (KSE). Maksym Nefyodov, head of reform support projects at the KSE Institute, said this during a nationwide television marathon. “The latest figure for direct…
The National Bank bought $197.8 million and sold $122.43 million on the interbank foreign exchange market throughout last week. As a result of forex interventions, from August 15 to 19, the NBU bought $197.8 million on the interbank currency market. At the same time, the regulator sold $122.43 million. In total, since the beginning of…