Ukraine is no longer among the most economically unfree countries. This follows from the updated report “Economic freedom in the world” of the Fraser Institute, whose national partner in Ukraine is the Bendukidze Center. Frazer Institute published that in its report, which can be found at the link. The report annually measures the level of … Read more
Faced with at least another year of fighting – and a budget deficit of more than $40 billion in 2024 – the Ukrainian government is considering selling military bonds to corporations and private individuals abroad to secure funds for escalating defense expenses, U.S. newspaper the Wall Street Journal reported on Sept. 18. “If the government … Read more
The Ukrainian IT industry comprises about 2300 companies employing more than360000 IT professionals. 72% of Ukrainian IT companies make products. The Ministry of Digital Transformation of Ukraine together with IT Ukraine Association, Top Lead, and Ukrsibbank have prepared the Incredible Tech catalogue. The role of Ukrainian IT in the economy, 2010-2022:
US President Joe Biden appointed the former Secretary of Commerce, Penny Pritzker, as a special representative for Ukraine’s economic recovery. Rubryka reports, citing the US Embassy, that the new position shows that the Biden administration is concerned about the long-term economic survival of Ukraine despite the ongoing war with Russia. In his statement, Biden said … Read more
The Cabinet of Ministers of Ukraine has appointed PJSC Ukrnafta as the manager of the assets of the Glusco gas station network, head of the board of NJSC Naftogaz Ukrainy Oleksiy Chernyshov has said. “The Cabinet of Ministers also set the task of resolving the issue of reimbursement of expenses incurred by Naftogaz Oil Trading … Read more
Ukrainian President Volodymyr Zelenskyy has signed a law regarding state control over the placement of genetically modified organisms (GMOs) and their products on the market. According to the information provided in the document of bill No. 5839, posted on the website of the Verkhovna Rada, the law was returned to the parliament with the signature … Read more
President of Ukraine Volodymyr Zelenskyy signed the law of Ukraine on state reserves, which is one of the key ones for the implementation of the state reserve reform, the Ministry of Economy of Ukraine said in a statement published on the government portal on Tuesday. The law comes into force three months from the date … Read more
Minister of Finance of Ukraine Serhiy Marchenko expressed concern about the strengthening of the hryvnia and expects the exchange rate to weaken to UAH 41.40/$1. “We are concerned about the strengthening of the hryvnia… For next year we project an exchange rate of UAH 41.40/$1,” he said at an event of the European Business Association … Read more
Agricultural and industrial holding Astarta, the largest sugar producer in Ukraine, has started harvesting sugar beets, for which it has allocated 39,000 hectares in the 2023 season, according to the website of the group of companies. According to the report, the farmers of its agricultural subsidiaries in Vinnytsia region were the first to commence operations … Read more
Nearly two-thirds of job vacancies in Ukraine are concentrated in five oblasts: Kyiv, Dnipropetrovsk, Lviv, Odesa, and Kharkiv, data sourced from the OpenDataBot open data platform shows. Meanwhile, across Ukraine, retirees, veterans, and teachers are the types of employees in highest demand from employers. Notably, teachers emerged as the most sought-after professionals during this period, … Read more