The National Bank of Ukraine has issued eight licenses for the provision of financial payment services, according to an update posted on the regulator’s website on April 28. Notably, state-owned postal service operator Ukrposhta and NovaPay (part of the Nova Poshta) both received licenses. The following are now included in the Register of Payment Infrastructure: … Read more
Ukraine’s Foreign Ministry sent notes to the Embassy of the Republic of Poland in Ukraine and the EU representation in Ukraine on April 28 decrying the “categorical unacceptability of the situation regarding trade restrictions on the import of Ukrainian agricultural products.” Foreign Ministry spokesperson Oleh Nikolenko wrote on Facebook on April 29 that such restrictions on Ukrainian … Read more
The International Development Association (IDA) is expanding its support package for Ukraine and creating a separate fund with the ability to multiply the money raised, Finance Minister Serhiy Marchenko said in an interview with Interfax-Ukraine on April 28. “In the near future, the fund will be announced, its name is SPURR, and the total size is $2 … Read more
The National Bank of Ukraine (NBU) has improved its economic growth forecast for 2023, from 0.3% to 2.0%, in view of the rapid recovery of the energy system and loose fiscal policy, the NBU’s press service reported on April 27. “Already this year, the economy will return to growth, which will accelerate in the coming years on the … Read more
Ukrainian pilots and air traffic controllers are training on simulators and attending specialized schools in France, ready to resume flights once Ukrainian airspace reopens for civil aviation, French Transport Minister Clement Beaune said in an interview with Ukrainian Pravda on April 27. During negotiations in Kyiv, Ukraine and France agreed to expand their cooperation in the field … Read more
BRAVE1, a single coordination platform in defense tech, was launched in Ukraine. The cluster aims to supply and transfer advanced Ukrainian technological solutions and comprehensive support of Ukrainian developers. BRAVE1 is created to provide a technological advantage over the opponent. Government officials claim that the cluster will transfer advanced Ukrainian solutions to the frontline, comprehensively … Read more
France will help Ukraine turn the exclusion zone around the Chornobyl Nuclear Power Plant into a scientific hub, Ukrinform quoted Ecology Minister, Ruslan Strilets, as saying on April 26. “Recently, while participating in a UN conference, I met with my colleague from France,” he said while visiting the exclusion zone. “We agreed that France would help develop … Read more
JSC Ukrposhta in January-March 2023 recorded a significant increase in the number of parcels sent to Ukraine from abroad, Director of International Operations Department at Ukrposhta Yulia Pavlenko has said. “I see that according to the results of the first months of this year, Ukrposhta already reaches 85% of the volume of the pre-war period … Read more
Ukraine’s state air traffic operator Ukraerorukh has received a second financing tranche from the Solidarity Aviation Fund, Infrastructure Ministry announced via Facebook on April 25. The Solidarity Aviation Fund was established by Ukraine and Eurocontrol (the European Organization for the Safety of Air Navigation) in late 2022. The first tranche was received by Ukraerorukh in February 2023. … Read more
In a sign that some prewar norms are returning, McDonald’s reopened five restaurants in the central Ukrainian regional capital of Dnipro on April 25, the company reported. The restaurants are now open in various parts of the city. Namely, in the event of an air raid alert, employees will quickly complete all production processes, issue … Read more