Category: 9. Business

An IMF team has improved its economic growth forecast for Ukraine this year from 3% to 4%, as the Ukrainian economy has performed better than expected in the previous two quarters, IMF spokeswoman Julia Kozack said. Ukraine and the IMF have agreed on several strategies… Continue Reading

Moscow allocated $7B to purchase microelectronics for the military-industrial complex but was not able to complete the purchase due to sanctions, said the Presidential Commissioner for Sanctions Policy. Chinese banks have also begun to refuse payments related to the… Continue Reading

Countries in attendance at the COP-29 UN climate summit have agreed on a new collective climate financing deal. Wealthy countries have pledged to provide poorer countries with $300B annually by 2035 to help them cope with the increasingly catastrophic effects of the… Continue Reading

The Netherlands Enterprise Agency (RVO) has launched a partnership program with Ukraine to restore the Ukrainian economy. In particular, a subsidy program will support Dutch companies and civil society organizations interested in working on the recovery and sustainable… Continue Reading

Ukrainian manufacturers have become the leaders in the number of applications for international tenders to produce interceptor drones through the Drone Coalition, submitting 32% of the total. In advanced FPV drones, Ukrainian companies were second, with 26% of submitted… Continue Reading

According to Olena Piskun, director of the Mykolaiv regional administration’s Department of the Agro-Industrial Complex, in the pre-war period 18 storage facilities for long-term storage of vegetables and fruits with a total capacity of 39,400 tons were registered in… Continue Reading

The State Agency for Reconstruction has begun collecting applications from territorial communities to replace two million streetlights with energy-efficient models and also wants to equip 70 water utilities with solar power plants. This project, like social housing… Continue Reading

US President Joe Biden submitted a statement to the US Congress stating his intention to forgive half of Ukraine’s debt for economic assistance that was received as a loan. State Department spokesman Matthew Miller said the amount of forgiven debt is approximately… Continue Reading

When US President Joe Biden allowed the Ukraine’s military to use US weapons to strike targets in Russia, he did his successor, Donald Trump, a great strategic favor, according to Bloomberg.  This development should force the Russian dictator Vladimir Putin to conduct… Continue Reading

On November 21, Russia hit Ukraine with various types of missiles, including an intercontinental ballistic missile, a Kh-47M2 Kinjal air-launched ballistic missile, and seven Kh-101 cruise missiles. In an attack on Dnipro, a rehabilitation center for people with… Continue Reading