The situation in the energy sector is under control, efforts to overcome the consequences of the recent russia’s attack on energy facilities are ongoing, and the Government is closely working with international partners to support the energy sector. This was announced by Prime Minister of Ukraine Denys Shmyhal at a session of the Cabinet of…
In Ukraine’s 2025 state budget over 2.2 trillion hryvnias, equivalent to 26.3% of GDP, has been earmarked for security and defense forces, the National Security and Defense Council (NSDC) of Ukraine has said on Facebook. “President of Ukraine Volodymyr Zelensky has signed the Law of Ukraine “On the State Budget of Ukraine for 2025″, passed…
Since the beginning of 2024, citizens and businesses have increased the volume of domestic government bonds purchased by UAH 45.5 billion. In particular, as of November 1, individuals increased the volume of their domestic government bonds portfolio by UAH 17.3 billion, to UAH 70.5 billion. Legal entities increased the volume of bonds purchased by UAH…
The Ukrainian Defense Ministry is working on a development strategy for 2025 and, together with the Ministry of Strategic Industries, is prioritizing investments in the defense industry. Ukrainian Defense Minister Rustem Umerov said this at an annual meeting of the European Business Association as part of a panel discussion devoted to Ukraine’s security. “Together with…
Since the Russian full-scale invasion started, about 10,000 kilometers of railroad tracks in Ukraine have been damaged, destroyed or lost. The relevant statement was made by Ukrzaliznytsia JSC. “Since February 24, 2022, about 10,000 kilometers of railroad tracks and 43 railway station buildings have been damaged, destroyed or lost. Other infrastructure objects also suffered damage,”…
The school meals reform has a significant economic impact, opening up new opportunities for educational institutions to purchase Ukrainian products and stimulating the development of producers. With the help of Prozorro Market, public procuring entities managed to purchase products worth over UAH 5.5 billion for schools, hospitals and other government agencies, saving over UAH 1…
First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko met with the International Monetary Fund (IMF) mission, which started its work in Kyiv for the sixth review of the Extended Fund Facility (EFF) programme. The participants of the meeting discussed the implementation of the indicators of the Ukraine Plan under the Ukraine…