The National Bank of Ukraine (NBU) sold $546 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 December 4 to 8, the National Bank sold $546 million and purchased $1.99 million on the interbank foreign exchange market. Since the…
In 2024, Ukraine plans to spend almost UAH 1.7 trillion on the army, defence and security. The entire UAH 1.575 trillion of taxes paid to the budget by Ukrainians and Ukrainian businesses in 2024 will be used for defence. In addition, the Government will raise funds for defence needs through the placement of military bonds,…
The dynamics of support for Ukraine from Western partners has slowed down, with partner assistance falling to its lowest level since January 2022. This conclusion was reached by the authors of the Ukraine Support Tracker from the Kiel Institute for the World Economy, who updated their data on December 7. “The period between August and…
President Volodymyr Zelensky invited American defense companies to cooperate with Ukraine. He said this during a speech at the Ukrainian-American Defense Industries Conference. “I invite all American defense companies to cooperate with Ukraine. I am confident that together we can create a new and powerful arsenal of freedom that will be a reliable assistant for…
Almost 7.5 million tons of goods have already been transported through the new export corridor in the Black Sea, which Ukraine has launched after expelling the Russian navy fleet from the area. President of Ukraine Volodymyr Zelensky spoke of this in an address to the G7 leaders via videoconference. “Ukraine won in the Black Sea,…
In the near future, Ukraine and the German concern Rheinmetall plan to launch the production of armoured vehicles on Ukrainian territory. This was announced by Prime Minister Denys Shmyhal during a Government meeting on December 5. “This is a flagship project to unite the forces of Ukraine and European arms manufacturers to achieve a just…
Among the key objectives of the Government is to successfully complete the financial year 2023. This was emphasised by Prime Minister Denys Shmyhal during a meeting of the Cabinet of Ministers on December 5. He said that over 11 months of this year, Ukraine had accumulated almost UAH 2 trillion of domestic resources in the…