In January-February, the general fund of the state budget of Ukraine received about $1.2 billion of external financing. Grants provided on a non-refundable basis accounted for 75% of the total amount of financial assistance. Among the donors were Japan – $901 million (concessional financing and grants), Norway – $295 million (grant) and Spain – $3…
The European Bank for Reconstruction and Development (EBRD) is interested in contributing to the restoration of Kherson and Mykolaiv regions significantly affected by the war. This was discussed during a meeting between Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, and Odile Renaud-Basso, President of the EBRD, in London. “We are…
The European Network of Transmission System Operators for Electricity (ENTSO-E) has increased the maximum capacity limit on Ukraine’s electricity exports to 550 megawatts. The relevant statement was made by Ukrenergo National Power Company Management Board Chairman Volodymyr Kudrytskyi on Facebook. “Starting from March 1, the maximum limit on the export of Ukrainian-produced electricity from Ukraine…
The Ukrainian Economy Ministry and the Organisation for Economic Co-operation and Development (OECD) have started joint efforts to analyze investment incentives and harmonize the investment-related regulatory environment. The relevant statement was made by the Ukrainian Economy Ministry, following a meeting between Ukrainian Economy Deputy Minister Volodymyr Kuzio and the OECD team. “We highly value cooperation…
The Government of Ukraine will encourage Ukrainians to purchase domestically produced goods, which is likely to increase the GDP rate by 0.14%. The relevant statement was made by Ukrainian Prime Minster Denys Shmyhal during the forum “Made in Ukraine”. The Prime Minister emphasized the importance of promoting the consumer demand. In his words, the Cabinet…
Ukraine and Bulgaria have made another step towards strengthening friendly and partnership relations. This was emphasised by Prime Minister Denys Shmyhal following a meeting with Prime Minister of Bulgaria Nikolai Denkov. “Today, following a comprehensive dialogue, we have reached a common ground on many important issues. Ukraine and Bulgaria will continue to strengthen cooperation in…
NPC Ukrenergo has restored the reliability of power supply to Zaporizhzhia Nuclear Power Plant. “The 330 kV overhead line, which provides backup power to the facilities at the nuclear power plant site, has been repaired and returned to operation,” the company said on Facebook. Ukrenergo noted that it was severely damaged during the air alert…