In May, Ukraine set a record by exporting 108 thousand tons of sugar, with 65% going to the European Union and 35% to other countries. The press service of the National Association of Sugar Manufacturers of Ukraine, “Ukrtsukor,” informs about this. As reported by the acting chairman of the board of the association, Yana Kavushevska, … Read more
The number of positively-minded top managers of financial institutions decreased from about 52% in November last year to about 45% in May this year, the balance of responses worsened from 26% to 21%, but remains positive, according to data from the National Bank of Ukraine (NBU). “The majority of respondents reported that, in their opinion, … Read more
Exports of goods from Ukraine in May 2024 amounted to $3.34 billion, which is only 0.5% less than in April, despite a reduction in its physical terms by 6.9%, to 12.2 million tonnes, Deputy Minister of Economy, Trade Representative of Ukraine Taras Kachka said. “This is primarily due to the fact that in May the … Read more
The International Monetary Fund (IMF) staff and the Ukrainian authorities have reached staff-level agreement (SLA) on the fourth review of the 4-year Extended Fund Facility (EFF) Arrangement, subject to approval by the IMF Executive Board, Ukraine would have access to about US$2.2 billion (SDR 1,669.82 million). “The International Monetary Fund (IMF) staff and the Ukrainian … Read more
During the full-scale war, from 2022 to the first quarter of 2024, 1261 agricultural enterprises closed in Ukraine, according to a study by YouControl.Market. Other sectors with significant closures include wholesale trade, real estate operations, and construction companies. The share of legal service firms among closed businesses doubled during the war. In 2021, the legal … Read more
The International Monetary Fund (IMF) team, led by Alfred Kammer, Director of the IMF’s European Department, begins meetings on Thursday in Kyiv with Ukrainian authorities and other partners, according to a statement by the IMF’s Resident Representative to Ukraine, Vahram Stepanyan. “The discussions will focus on the risks to the Ukrainian economy and the authorities’ … Read more
Ukrainian citizens, businesses, and banks have purchased over Hr 1 trillion ($25 billion) of domestic government bonds on market terms since the outbreak of the full-scale war, the Finance Ministry said on May 22. These funds have played a major role in sustaining Ukraine’s financial stability throughout the all-out war, the ministry said in a … Read more
In April 2024, Ukraine exported the largest volume of grain and oilseeds since the beginning of the war some 6.6 million tonnes, the British Ministry of Defense said, citing intelligence data. “This demonstrates Ukraine’s ability to export unilaterally via its shipping corridor in the Black Sea. Throughput at the Black Sea ports have almost certainly … Read more
Following a visit to Argentina and Chile this week, First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko noted the existence of a joint interest in investment and announced the prospect of concluding bilateral free trade agreements. “We know that there is already interest from companies from the pharmaceutical, agricultural sectors, and processing industries … Read more
Ukraine harvested 80 million tons of grain and seed oil products last year and exported agricultural goods worth $22 billion, Agriculture Minister Taras Vysotskyi announced on May 16. According to Vysotskyi, 87% of all agricultural products are being exported from Odesa and adjacent ports. Kyiv was forced to set up a new export route in … Read more