On June 13, the Cabinet of Ministers of Ukraine adopted a resolution “On the provision of state guarantees on a portfolio basis in 2023”. The draft resolution was prepared by the Ministry of Finance with the aim of increasing access to lending for micro, small and/or medium-sized enterprises (MSMEs) that do not have sufficient collateral…
The Government has decided to extend the UAH 7.8 billion programme of state-financed portfolio guarantees, Prime Minister Denys Shmyhal has announced. “One of the five recovery priorities we have identified is the recovery of our economy. According to preliminary estimates, in the first quarter of this year, GDP grew by 2.4% compared to the previous…
Due to a sharp drop in the water level in the lower reservoir of the Dnipro HPP, the plant’s hydraulic units are operating with restrictions, Ukrhydroenergo has reported on Telegram. “Water level measurements at the Nikopol post by Ukrhydrometcenter specialists have been temporarily suspended due to siltation below the installed sensors. Ukrhydroenergo specialists, together with…
This year, Ukrainian consumers will experience no critical shortage of agricultural products due to the flooding in the country’s south, caused by the Kakhovka HPP dam blast, Deputy Minister of Agrarian Policy and Food of Ukraine Vitaliy Holovnia has announced. “We will not experience a critical shortage of food products this year. That’s because last…
On June 5, the European Commission extended restrictions on the import of six types of Ukrainian agricultural products, canceling instead the ban on the import of other 11-12 groups of goods. “We believe that the European Commission listened to us on June 5, when the restrictions were extended, they were extended only for six types…
According to Mykola Solskyi, Minister of Agrarian Policy and Food of Ukraine, farmers will not be able to fully use 1-1.5 million hectares of agricultural land as a result of the Kakhovka hydroelectric power plant (HPP) explosion. “The consequences of stopping irrigation are much greater. Not half a million hectares, but a million and a…
The Ministry for Communities, Territories and Infrastructure Development, Ukrzaliznytsia and the European Bank for Reconstruction and Development (EBRD) are launching the emergency support project for Ukrainian railways. The EUR 200-million project will provide financial assistance for the restoration and modernisation of railway infrastructure and the renewal of rolling stock. The relevant Guarantee Agreement for the…