In just two months, Ukraine’s economy lost over EUR 1.5 billion due to strikes that blocked truck traffic across checkpoints on Ukraine’s borders with its western neighbors, members of the EU. This was stated by the Deputy Chairman of the All-Ukrainian Agrarian Council, Denys Marchuk. “In general, in November and December 2023, the losses (from…
The National Bank of Ukraine (NBU) sold $531 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. From January 15 to 19, the National Bank sold $531 million and purchased $0.1 million on the interbank foreign exchange market. Since the…
The Ministry of Economy plans to transform the program “Affordable Loans 5-7-9%”, so that loans are issued to businesses for investment purposes or to businesses from the de-occupied territories. This was stated by Deputy Minister of Economy of Ukraine Nadiia Bihun. “We are planning to make changes to the “5-7-9″ program to focus it on…
More than 7,700 new businesses were registered in the Chernivtsi region last year, up by almost 2,000 YoY. The Chernivtsi Regional Military Administration said this in a Facebook post. “In 2023, 7,748 people launched their own businesses in the Chernivtsi region. Of these, 7,112 were private entrepreneurs and 636 were legal entities. At the same…
The development of the nuclear industry, decentralization of electricity generation and strengthening the physical protection of energy infrastructure facilities will be the key areas of activity of the Ministry of Energy in 2024. This was announced by the Minister of Energy of Ukraine German Galushchenko. “We have big plans, and I am confident that we…
The AidEnergy online platform created by the Ministry of Energy has become an important tool for interaction between international partners and companies in the Ukrainian energy sector. In particular, the platform has helped to significantly increase transparency and speed up the procedures for distributing donor assistance. Thus, over 13,000 requests have been submitted through AidEnergy…
Accelerating recovery, stimulating development of the manufacturing sector, increasing non-commodity exports, attracting increased investment into the real sectors of the economy and, generally speaking, creating new investment opportunities, facilitating the return of Ukrainians, in particular, through the eOseia programme – all these are contained in the economic growth strategy for 2024. “Such growth is necessary…