Russia has destroyed or severely damaged 50 million square meters of housing in Ukraine during its full-scale aggression, the Ukrainian news outlet Economichna Pravda reported on April 22, citing the chair of the ruling Servant of the People party, Olena Shulyak. More than 640,000 cases of damage or destruction of housing have been reported so … Read more
The U.S. House of Representatives on April 20 passed a key foreign aid package for Ukraine, Israel, and other allies after months of political infighting and a deteriorating situation on the battlefield. Over two months have passed since the Senate passed a similar bill on foreign assistance, and Democratic and Republican lawmakers, along with U.S. … Read more
The network of structural divisions of Ukrainian banks, which for the first time since the beginning of the war grew by 40 divisions in the fourth quarter of 2023, lost 30 points in the first quarter of 2024, shrinking to 5,108 divisions. According to information published by the National Bank (NBU), this result is mainly … Read more
The Ministry of Agrarian Policy and Food forecasts gross production of grains and oilseeds in 2024 at 74 million tonnes, of which about 52.4 million tonnes of grains and 21.7 million tonnes of oilseeds. As noted on the department’s website, at the beginning of last year, the total gross harvest of grains and oilseeds for … Read more
The Parliamentary Assembly of the Council of Europe (PACE) on April 16 backed a resolution calling for the transfer of $300 billion in frozen Russian state assets to Ukraine, according to a member of the Ukrainian delegation to PACE, MP Yevheniya Kravchuk. The adopted document calls for: Kravchuk said that it was also possible to … Read more
The International Monetary Fund (IMF) predicts that Ukraine’s gross domestic product (GDP) will grow by 3.2% in 2024 and by up to 6.5% in 2025 even as the country continues to grapple with the full-scale invasion. Around the same time last year, the IMF initially estimated a 3% decline in Ukraine’s GDP in 2023 before … Read more
The negative balance of Ukraine’s foreign trade in goods in January-February 2024 decreased by 12.5% compared to the same period in 2023 – to $3.227 billion from $3.689 billion, the State Statistics Service reported on Monday. According to its data, exports of goods from Ukraine for the specified period compared to January-February 2023 increased by … Read more
In February 2024, the volume of IT export from Ukraine amounted to $518 million, according to the report of the National Bank of Ukraine. The number is the second lowest in two years. This is $29 million less than in February 2023 ($547 million) and $321 million less than February 2022 ($839 million). The number … Read more
The Swiss Federal Council has approved a financing plan for Ukraine’s recovery until 2036 worth 5 billion Swiss francs ($5.5 billion), as was reported on the government website. The first 1.5 billion francs ($1.64 billion) will be received by Ukraine by 2028. “This amount clearly demonstrates Switzerland’s solidarity with the people affected by the war … Read more
Consumer price growth in Ukraine accelerated to 0.5% in March 2024, compared to 0.3% in February and 0.4% in January, according to the April 9 State Statistics Service (Ukrstat) report. However, y-o-y inflation rate has slowed down to 3.2%. The statistics body recalled that in March 2023 it was higher – 1.5%, therefore, in annual … Read more