Ukraine: Kyiv allocates more than UAH 1 billion for winter preparations and energy infrastructure repairs

Kyiv authorities have allocated more than UAH 1 billion to make preparations for the winter period and renovate the energy infrastructure objects damaged by Russian attacks. The relevant statement was made by Kyiv City State Administration Deputy Head Petro Panteleiev during a briefing. “Regarding preparations for the heating season, all necessary preventive maintenance works were…

Ukraine: defense production to grow monthly

In the next six months, Ukraine’s defense production volumes will be growing on a monthly basis. The relevant statement was made by Ukrainian Strategic Industries Minister Oleksandr Kamyshin at Kyiv International Economic Forum. According to Kamyshin, most of what is exported from Ukraine has been produced in Ukraine. Most of what is delivered to the…

Ukraine: economy recovering quicker than expected

Managing Director of the International Monetary Fund, Kristalina Georgieva, praised the Ukrainian government’s efforts in the field of managing the economy amid war, noting that the economic recovery is happening quicker than the fund predicted. She said this during a roundtable discussion of support for Ukraine within the framework of the annual meetings of the…

Ukraine: import of raw materials for the production of ammunition and UAV components simplified

The Government relies on the development of the Ukrainian military-industrial complex. It is based on new design solutions, manufacturability, technology transfer, and the creation of joint ventures with allies and partners, Prime Minister Denys Shmyhal has stated during a Government session. At a meeting on October 10, the Government approved a resolution to simplify the…