Ukraine’s recovery should contribute to solving many global problems, including the food and energy crises in the world. This was stated by Prime Minister of Ukraine Denys Shmyhal during his speech at an event at the American Chamber of Commerce organized by the U.S. International Development Finance Corporation (DFC). “We know that DFC usually provides…
The Government has set up an Interagency Working Group on Accelerated Deregulation. It has already presented its first recommendations – to cancel 47 licenses and permits under the jurisdiction of the Ministry of Economy, Prime Minister Denys Shmyhal announced during a Government meeting on January 31. “These are the rules governing the export and import…
The Government has adopted amendments to the Rules for the provision of passenger road transport services. Now, carriers will have the opportunity to shorten the route at their own discretion if it crosses the front line and choose the destination to which they are ready to take passengers. Previously, this required new tenders for carriers,…
President of Ukraine Volodymyr Zelensky has proposed that the Black Sea Grain Initiative be expanded to the ports of Mykolaiv region. He said this at a joint briefing with Prime Minister of Denmark Mette Frederiksen in Odesa on January 30. “I thank Denmark for joining our “Grain from Ukraine” initiative. It is very important that…
On January 30, the EU and the Ukrainian Government officially launched a program for households to exchange incandescent light bulbs for LED lamps. This is another step taken by the Government of Ukraine to overcome the energy crisis caused by russian missile strikes. The program provides for replacement of up to 50 million incandescent light…
Since the launch of the Affordable Loans at 5-7-9% State Program, business entities have received 53,986 loans from authorized banks for a total amount of UAH 168.96 billion, of which 34,768 – from public sector banks for a total amount of UAH 68.02 billion (as of January 30). Over the past week, 349 soft loans…
The National Bank expects the economy to grow by 0.3% this year, by 4.1% in 2024 and by 6.4% in 2025. That’s according to NBU Governor Andriy Pishnyi. “The National Bank expects a slight increase in real GDP in 2023 by 0.3%,” Pyshnyi said. He explained that the worsening of the outlook, compared to the…