Another batch of energy equipment for Ukraine, provided by Japan with the assistance of the United Nations Development Programme (UNDP) and the Japan International Cooperation Agency (JICA), in the form of gas turbines, is an important contribution to the decentralisation of electricity generation. This was emphasised by the Minister of Energy of Ukraine German Galushchenko…
In 2023, inflation in Ukraine decreased from 26% to 5%, while the nation’s economy showed growth, the National Bank Governor, Andriy Pishnyi said. “At 2023 year-start, inflation was 26%, the outlook of economic growth was 0%, amid colossal uncertainty and a record key policy rate. We are completing the year with growth at 5% and…
Over the year and a half since the launch of the Government’s eRobota grant programme, the state has invested UAH 6.5 billion in small and medium-sized business development through grants. More than 11,000 Ukrainians have already received grants to start or expand their businesses. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of…
Exports of goods and services from Ukraine are expected to grow by 9% in 2024. This was stated by the First Deputy Prime Minister of Ukraine, Minister of Economy Yuliia Svyrydenko. According to her, positive developments in this area began to occur in the last months of 2023. The opening of an alternative maritime corridor,…
According to the 2023 results, Ukraine’s exports increased and amounted to almost 100 million tons of goods. This is 112,000 tons more than in 2022. However, the value of exports fell by 18.7%, or $35.8 billion. Despite the general decline in exports of Ukrainian goods, positive trends were observed in the furniture market. Last year,…
The Zaporizhzhia Nuclear Power Plant specialists took measures to ensure the supply of backup power in the event of the breach at the main external power line, as happened repeatedly since the full-scale invasion. This was stated by IAEA Director General Rafael Mariano Grossi. After the shutdown of the only 750 kV line remaining at…
Since the beginning of the full-scale invasion, the European Investment Bank has provided Ukraine with EUR 1.7 billion in financial assistance, primarily aimed at emergency repairs of the destroyed infrastructure. This was stated by Deputy Prime Minister for Restoration – Minister for Communities, Territories and Infrastructure Development of Ukraine Oleksandr Kubrakov. He noted that in…