Govt accepts NBU proposal on Sense Bank nationalization

The government of Ukraine on July 21 made a decision on state participation in the withdrawal of the systemically important JSC Sense Bank from the market in order to ensure the stability of the country’s financial system and protect the interests of depositors and other creditors of the bank, the Ministry of Finance said. “Nationalization … Read more

Over half of Ukraine’s adult population use Diia for online government services, 70% from their cellphones

The Diia application, which enables Ukrainians to access government services online, has been installed by over 19 million citizens, Vice PM and Minister of Digital Transformation Mykhailo Fedorov announced at the Diia in DC summit in Washington, reported Interfax-Ukraine on May 25. Fedorov highlighted the benefits of the Diia app, stating, “You have biometric data, all of which is … Read more

Prozorro e-procurement system reintroduces optional auctions

Prozorro, a procurement system used by the Ukrainian government, has announced that it will re-introduce optional auctions for purchases starting May 19, the Prozorro press service reported on Facebook, with reference to a resolution from the Cabinet of Ministers. This feature allows customers to conduct purchases in the form of open bidding – not only via option, though they would … Read more

Government revises up its forecast for Ukrainian economic growth

The Cabinet of Ministers has improved its forecast for Ukraine’s GDP growth in 2023 to 3.2%, Ukrainian Finance Minister Serhiy Marchenko wrote in an article about the adaptivity of Ukrainian business, which was published online on May 19. Earlier predictions of economic growth were at 1%. The National Bank of Ukraine recently improved its forecast from … Read more

Govt of Ukraine updates list of priority areas for scientific research

The Cabinet of Ministers has updated the list of priority thematic areas of scientific research and scientific and technical developments, taking into account the needs of the period of martial law and the restoration of Ukraine from the consequences of the war. “The updated list contains more than 60 areas, united in six priority sectors … Read more

Govt launches eCherha electronic system at 16 checkpoints in western direction

The Cabinet of Ministers is launching the eCherha electronic system at 16 checkpoints in the western direction, Prime Minister Denys Shmyhal has said. “Ukraine is becoming closer to the EU logistically. At 16 checkpoints in the western direction, we are launching the eCherha electronic system. Since the end of last year, it has been successfully … Read more

Ukraine plans energy system decentralization

The Cabinet of Ministers is considering building a decentralized energy system that will become less vulnerable to russian shelling. It is, in particular, about the construction of mini-power plants and small generation facilities. Prime Minister Denys Shmyhal announced this during the government meeting on January 3. Shmyhal also noted that it is about the creation … Read more

Govt suspends electronic auctions in ProZorro system due to shelling

The government of Ukraine has changed the rules for holding auctions and temporarily canceled auctions in the ProZorro e-procurement system, since not everyone can participate in them due to constant shelling of energy infrastructure facilities. As the press service of the Ministry of Economy reported on Tuesday, the Cabinet of Ministers adopted relevant resolution No. … Read more

Govt bans export of firewood – Shmyhal

The Cabinet of Ministers bans the export of firewood due to its strategic importance for the heating season in the face of Russian missile attacks on the Ukrainian power system, Prime Minister Denys Shmyhal has said. “Today we are making a decision to ban the export of firewood. This will accumulate it in Ukraine,” he … Read more