The Government team headed by Prime Minister of Ukraine Denys Shmyhal met with the management of the European Investment Bank (EIB) in Kyiv, led by President Nadia Calvino. Ukraine was represented by Minister of Finance Sergii Marchenko, Deputy Prime Minister for Restoration of Ukraine and Minister for Communities and Territories Development Oleksii Kuleba. Separately, the…
Ukraine’s international reserves decreased by 1.8% in January, totaling $43.003 billion as of February 1, the National Bank of Ukraine (NBU) reported. “As of February 1, Ukraine’s international reserves, according to preliminary data, amounted to $43.003 billion. They decreased by 1.8% in January, but remained close to record levels,” the report said. The primary factors…
The Government has approved the procedure and conditions for granting a subvention to the budget of Kharkiv for emergency repair work in the utilities sector. This was announced by Prime Minister Denys Shmyhal at a meeting of the Cabinet on February 7. “The relevant decision will allocate UAH 1 billion to Kharkiv. The funds will…
The team of the Ministry of Strategic Industries held a working meeting with representatives of the Agency for Intergovernmental Defence Cooperation of the Ministry of Defence of the Czech Republic. The parties discussed the exchange of military technologies and the development of joint projects. In particular, the joint production of Czech BREN-2 rifles. It is…
Since the start of the full-scale war, almost UAH 43.4 billion from the special account opened by the National Bank of Ukraine has been allocated for defense needs, including UAH 5.4 billion in January. As of February 1, the balance in the special account, which the National Bank opened to support the defense forces on…
In January, businesses maintained their business performance expectations at the level of the previous year due to seasonal factors, the difficult security situation and rising production costs. This is evidenced by the business activity expectations index (BAEI), which the National Bank of Ukraine (NBU) calculates on a monthly basis. “The BAEI was 41.0 in January…
The International Atomic Energy Agency (IAEA) has inspected nine substations essential to the operation of Ukraine’s nuclear power plants, assessing the situation as quite critical. IAEA Director General Rafael Grossi made this statement during his visit to one of the substations. Grossi emphasized that nuclear power plants not only generated electricity but also required a…