Despite russia’s full-scale aggression, Ukraine’s commitment to reform and national transformation remains unwavering. This was emphasised by Prime Minister Denys Shmyhal at the opening of the OECD’s regular ministerial-level meeting, Eurasia Week 2023. “We are moving forward. We have set ourselves ambitious goals, including Ukraine’s membership in the European Union and the OECD in the…
In the third quarter of this year, the country’s GDP grew by 9.3% YoY. This is higher than expected. This was underlined by Prime Minister Denys Shmyhal at a Government session on December 12. “Despite the huge economic downturn at the beginning of the large-scale war, the economy is now showing positive signs,” said Denys…
A week ago, the next stage of the all-Ukrainian incandescent lamp exchange programme was launched. Starting from December 5, pensioners have already exchanged 1 million old incandescent lamps for new energy-efficient lamps. Starting from December 12, Kyiv region joined the exchange programme. Pensioners living in the Kyiv region can receive an additional five LED lamps…
Due to the protest of Slovak carriers in front of the Vysne Nemecke-Uzhhorod checkpoint, customs officers in Zakarpattia region are sending trucks to other checkpoints, Zakarpattia Customs reports. “To avoid the accumulation of queues in front of the Uzhhorod-Vysne Nemecke checkpoint, Zakarpattia Customs directs carriers to the nearest checkpoints for crossing the border, Chop-Zahony, on…
Ukraine produced almost 2 million tons of mineral fertilizers in 2023, according to Ukraine’s Ministry of Agrarian Policy and Food. The total production potential in Ukraine is up to 3 million tons of fertilizers per year. At the same time, the fertilizer industry has significant export potential. Therefore, the ministry plans to expand export markets,…
The National Bank of Ukraine (NBU) sold $546 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. From December 4 to 8, the National Bank sold $546 million and purchased $1.99 million on the interbank foreign exchange market. Since the…
In 2024, Ukraine plans to spend almost UAH 1.7 trillion on the army, defence and security. The entire UAH 1.575 trillion of taxes paid to the budget by Ukrainians and Ukrainian businesses in 2024 will be used for defence. In addition, the Government will raise funds for defence needs through the placement of military bonds,…