Prime Minister Denys Shmyhal has said that inflation will not exceed 8-9% in 2023. “We have managed to change the situation in 2023. We have inflation at the level of 8-9%. We will see in a year, but I am convinced that it will not be higher. We have $40 billion of international reserves. This…
In the next six months, Ukraine’s defense production volumes will be growing on a monthly basis. The relevant statement was made by Ukrainian Strategic Industries Minister Oleksandr Kamyshin at Kyiv International Economic Forum. According to Kamyshin, most of what is exported from Ukraine has been produced in Ukraine. Most of what is delivered to the…
Managing Director of the International Monetary Fund, Kristalina Georgieva, praised the Ukrainian government’s efforts in the field of managing the economy amid war, noting that the economic recovery is happening quicker than the fund predicted. She said this during a roundtable discussion of support for Ukraine within the framework of the annual meetings of the…
The Government relies on the development of the Ukrainian military-industrial complex. It is based on new design solutions, manufacturability, technology transfer, and the creation of joint ventures with allies and partners, Prime Minister Denys Shmyhal has stated during a Government session. At a meeting on October 10, the Government approved a resolution to simplify the…
In September alone, communities received UAH 16.9 billion of transfers from the state: basic, additional, reverse and other subventions. The total sum of transfers this year amounted to more than UAH 109 billion. This was announced by Prime Minister Denys Shmyhal during a Government meeting on October 10. “In 2024, local authorities will receive over…
The Cabinet of Ministers will double the funding for the micro-grant program for business development; next year it is planned to issue grants worth UAH 3.5 billion, the press service of the Ministry of Economy reports. “We see that the program is in great demand among Ukrainians, so next year we plan to double its…
In September, the Ukrainian Finance Ministry raised about UAH 23 billion in the state budget from the placement of war bonds. The relevant statement was made by the Ukrainian Finance Ministry on Facebook. Meanwhile, about UAH 185 billion worth of war bonds were issued in January-September. At the end of September, Ukrainian citizens owned about…