Politics & Economics

As of September 6, 2024, a total of 35.1 million tonnes of the new-harvest crops were gathered across Ukraine. The relevant statement was made by the Ukrainian Agrarian Policy and Food Ministry, an Ukrinform correspondent reports. “A total of 35.1 million tonnes of the new-harvest crops have already been threshed from 9,548.9 thousand hectares. Overall, 29.1 million tonnes of grain crops and 5.8 million tonnes of oilseeds were gathered,” the report states. In particular, Ukrainian farmers harvested 21.7 million tonnes of wheat from 4,902.1 thousand hectares, 5.5 million tonnes of barley from 1,412.6 thousand hectares, and 461.6 thousand tonnes of…

In July 2024, Ukraine’s gross domestic product (GDP) increased by 2.7% in annual terms. The relevant statement was made by Ukrainian Deputy Prime Minister, Economy Minister Yuliia Svyrydenko on the social media platform X, an Ukrinform correspondent reports. “Ukraine’s economy continues to show resilience. According to the Ukrainian Economy Ministry, GDP grew by 2.7% in July. […] In total, for January-July of this year, we have growth at the level of 4.0%,” Svyrydenko wrote. In her words, Ukraine’s GDP growth was driven by the early start of the harvesting campaign and the stable operation of the maritime corridor. “In July,…

Prime Minister Denys Shmyhal discussed the protection of energy infrastructure with U.S. Deputy Secretary of State, Acting U.S. Special Representative for Ukraine's Economic Recovery Richard Verma. The head of government announced this in Telegram, Ukrinform reports. “We discussed key areas of cooperation, paying special attention to the protection and restoration of energy infrastructure. I told about our projects and plans for the development of decentralized generation,” Shmyhal said. The Prime Minister also emphasized the importance of promptly transferring USD 50 billion from the proceeds of frozen Russian assets to Ukraine. According to him, the government, together with its partners, is…

The Ukrainian Finance Minister discussed cooperation in economic recovery and reconstruction projects with the incoming U.S. Special Representative for Ukraine's Economic Recovery. That’s according to the Finance Ministry’s press service, Ukrinform reports. Ukraine’s Finance Minister Sergii Marchenko met with the U.S. Under Secretary of State for Management and Resources and incoming Special Representative for Ukraine's Economic Recovery Richard Verma.  “The United States of America is the largest donor of grant budget support to Ukraine, with about USD 26.8 billion in non-repayable funding. Since the first days of the full-scale invasion, the funds raised have become a key resource for social…

During a recent attack on Ukraine, Russian combat drones flew just a few kilometers from the Khmelnytskyi nuclear power plant (NPP). This is said in a statement published on the IAEA website, Ukrinform reports. “At the Khmelnytskyy NPP, the IAEA team heard drones and gunfire in the early hours of Wednesday morning and were told to shelter. The KNPP and the State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) reported to the IAEA that drones had flown a few kilometres away from the plant,” the document reads. Read also: Invaders shell Zaporizhzhia region 330 times in past day It is also…

Today, the European Commission has announced an additional EUR 40 million in humanitarian funding to Ukraine ahead of the approaching winter. The relevant statement was published on the website of the European Commission, an Ukrinform correspondent reports. “With relentless [Russian – Ed.] attacks on Ukraine’s energy infrastructure, the Commission is boosting its humanitarian funding to vulnerable Ukrainians with an additional EUR 40 million ahead of the approaching winter. Out of this, EUR 35 million is allocated for humanitarian projects in Ukraine and EUR 5 million for supporting Ukrainian refugees and their host communities in Moldova,” the report states. According to…

The Government of Sweden has approved an additional SEK 500 million (almost EUR 44 million) in support for heating and electricity supply in Ukraine This is said in a statement published on the Government Offices of Sweden’s website, Ukrinform reports. The World Bank estimated that the support could help generate electricity for 185,000 people, making this Sweden’s largest contribution yet to Ukrainian energy supply.  “Russia’s full-scale invasion and continuing warfare have destroyed large sections of Ukrainian infrastructure. The attacks on Ukraine have intensified and have particularly targeted energy facilities. Ukrainian families, businesses, hospitals and schools have been affected. The substantial…

As part of the visit by Prime Minister of Ireland Simon Harris to Ukraine, Ukrainian Energy Deputy Minister Mykola Kolisnyk discussed with the Irish government delegation the need to expand assistance to Ukrainian power engineers. The relevant statement was made by the Ukrainian Energy Ministry, an Ukrinform correspondent reports. “During the meeting, Simon Harris noted that the Irish Government had provided significant assistance to Ukraine and stressed the need to expand assistance not only from Ireland but also from other European countries. As a member of the European Council, he promised to explore the possibilities of attracting additional resources for…

In August 2024, the Ukrainian Finance Ministry raised UAH 29.1 billion in the state budget from the sale of domestic government bonds. The relevant statement was made by the Ukrainian Finance Ministry, an Ukrinform correspondent reports. “In August 2024, the Ukrainian Finance Ministry raised UAH 29.1 billion from the placement of domestic government bonds,” the report states. A total of UAH 6 billion in the total amount of domestic government bonds placed in August 2024 were war bonds. As of September 2, 2024, more than UAH 1.68 trillion worth of domestic government bonds were in circulation. The largest share was…