Category: 9. Business

Penny Pritzker, the US special representative, answered a question about the economic sectors that are ready for investment now: “Ukraine’s agriculture feeds 400 million people in the world and can feed 600M. These are huge opportunities, and now that the Black Sea is functioning, you see a… Continue Reading

The American private sector looks at Ukraine’s economic future optimistically and realistically. Optimism is based on GDP growth, tax revenue, and the creation of new jobs, said US Special Representative for the Economic Recovery of Ukraine, Penny Pritzker. According to her, despite the war… Continue Reading

According to Finance Minister Serhiy Marchenko, Ukraine and the International Monetary Fund (IMF) estimate the country’s additional financial need for 2025 from Western partners at between $12B and $15B. He recalled that during the preparation of the current program with the IMF, one of the… Continue Reading

According to Minister of Finance Serhii Marchenko, this strictly depends on the how the parliament plans to secure an additional ₴120B in revenue by the end of 2024. The Ministry of Finance has proposed an increase in the military levy for this purpose, but there are calls in the parliament… Continue Reading

In private conversations, EU diplomats have expressed irritation at Hungary and Slovakia’s intentions to use EU procedures to maintain their access to cheap Russian oil, contrary to the bloc’s general policy, writes Politico. Several diplomats are angry, saying it is not their problem…. Continue Reading

said Andriy Ozeychuk, director of the engineering and construction company, Rauta. “Despite the risks of war, the owners of most of the destroyed commercial properties are investing in their reconstruction to restart their businesses, which allows companies to continue to operate efficiently…. Continue Reading

Bank loans are not utilized by operationally profitable companies, which account for about 66% of their total operating profits, NBU data shows. In 2023, 8.6% of companies that borrowed money from Ukrainian banks were operationally profitable, while 13.7% of companies that did not borrow from… Continue Reading

said Prime Minister of Ukraine Denys Shmyhal. He expressed hope that Ukraine will be able to receive $50B in 2025 through the G7 initiative to use the profits from frozen Russian assets. In addition, the US announced the provision of $500M in new funds for energy assistance and redirected a… Continue Reading

The Cabinet of Ministers has decided to create a joint Ukrainian-Moldovan commission for the construction of a bridge across the Dniester River in the Yampil-Koseut region, said Prime Minister of Ukraine Denys Shmyhal. “This will be a key link in the transport corridor between Kyiv and… Continue Reading

In Ukraine, 75% of early crops have already been harvested, from which they expect 27 million tons of grain and about four million tons of rapeseed, the Ministry of Agricultural Policy reported. It is noted that as of July 29, about 20 million tons of early grain has been harvested. On the same… Continue Reading