Despite the war and continuous Russian attacks on critical infrastructure objects, Ukraine’s economy began to recover in early 2023. With some upside risk, Ukraine’s GDP may increase by 1-3% at the end of the year. The relevant statement was made by the International Monetary Fund (IMF) in the Regional Economic Outlook, published on November 8.…
The Danish government has approved a new EUR 40-million aid package for Ukraine, with a focus on the city of Mykolaiv and the Mykolaiv region. Mykolaiv Mayor Oleksandr Sienkevych said this in a post on the Telegram messaging app. “Today, Ministers Oleksandr Kubrakov and Dan Jorgensen held the third meeting of the steering committee on…
The total amount of donor commitments for grant contributions to the Ukraine Energy Support Fund has reached more than EUR 322 million. Of this amount, EUR 192 million has actually been transferred to the Fund’s account by 15 public and private donors from different countries. The remaining amount consists of pledged contributions that are expected…
In January-September, Ukrainian Defense Industry JSC (Ukroboronprom) increased production of equipment and weapons by 62% compared to last year, Ukrainian Defense Industry CEO German Smetanin said. “In terms of volumes, we increased production by 62% over three quarters compared to the same period last year. I believe this figure will be higher in the fourth…
Government borrowings to the state budget’s general fund came to UAH 1.34 trillion in January-October, a report published on the Finance Ministry’s website said. “Actual state borrowings to the state budget’s general fund in January-October amounted to UAH 1,341.4 billion, or 86.3% of the plan for this period. From the placement of government bonds, UAH…
A special meeting was held to discuss the state of implementation of the agreements reached following the meeting of the Co-Chairs of the Intergovernmental Ukrainian-Moldovan Mixed Commission on Trade and Economic Cooperation. In particular, the issue of maintaining tariffs for the transit of natural gas through the territory of the Republic of Moldova at the…
The Swedish company H&M will resume operations in Ukraine in November, Foreign Minister Dmytro Kuleba has announced in an interview with The Village. “Last week, our diplomats in Stockholm received final confirmation that Ukrainian H&M stores, which were closed due to Russia’s full-scale invasion, would begin to resume operations in November,” Kuleba said. He added…