This year, Ukraine’s economy grew by 4%; the agricultural sector’s share of GDP is about 20%. Over the 11 months of the year, the Ukrainian economy grew by 4% [±0.5%], according to the Ministry of Economy. “The drivers of growth remain the transport and construction industries, processin... #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #VitaliyKoval #YuliyaSvyridenko
The World Bank will continue to finance Ukraine’s reconstruction in 2025. Ukraine and the World Bank plan to continue their cooperation in 2025 and to further fund the RISE entrepreneurship support program, housing sector instruments, and mortgage programs, support Ukraine ... #eOselya #I_CAN #RISE #UkraineReconstruction #Ukrfinzhytlo #worldbank #YuliyaSvyridenko
Ukraine has approved a state property policy to improve state asset management and attract investment. According to Minister of Economy Yulia Svyrydenko, the new property policy defines the state’s role in managing state-owned companies, outlining which are strategically crucial for the country a... #OECD #PrivatizationUkraine #StateProperty #StrategicStateEnterprises #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
European businesses will invest in rebuilding Ukraine through the UIF. At the first EU-Ukraine Investment Conference in Warsaw, the EU called on European companies to invest in Ukraine’s restoration and reconstruction. Interested European companies can submit their... #investments #UIF #UkraineInvestmentFramework #UkraineReconstruction #UkraineRecovery #YuliyaSvyridenko
Ukraine is strengthening its trade and economic cooperation with Portugal and involving participation in reconstruction projects. Bilateral trade between Ukraine and Portugal increased by $29.2M (+15.1%) for eight months of 2024 compared to last year. Positive dynamics have been observed since 2023, when turnover reached $293.7M... #Portugal #UIF #UkraineInvestmentFramework #UkraineRecovery #YuliyaSvyridenko
Ukraine has already cleared mines from 35,000 square kilometers of land; economic losses are estimated at $11.2B annually. Currently, 174,000 square kilometers of land in Ukraine have been mined. Since 2022, thanks to the joint efforts of Ukraine and its partners, sappers have surveyed and returned 35,000 square kilometer... #DeminingUkraine #UkraineEconomy #UkrainianSappers #UMAC2024 #WarinUkraine #YuliyaSvyridenko
At the end of the summer, economic growth accelerated in Ukraine. In August, the Ukrainian economy grew by 3.5% (±1%) compared to August last year. Based on the results of eight months of the year, GDP growth is estimated at 3.9% against the corresponding period of ... #GDPinUkraine #UkraineEconomicActivity #UkraineEconomy #YuliyaSvyridenko
Ukraine has started accepting applications for business support within the Ukraine Facility program, which could bring €40B in investment to the economy. In September, Ukraine officially began accepting applications from businesses to participate in the Ukraine Investment Framework program – a preferential lending and investment attraction tool, said E... #BusinessSupport #InvestmentsinUkraine #UkraineInvestmentFramework #YuliyaSvyridenko
Ukraine and the EBRD plan to increase investment in energy and infrastructure by €325M. Ukraine and the EBRD discussed the possibilities of expanding investment in energy and infrastructure projects. “With the help of the EBRD, we hope to unblock private investments in renewable en... #ebrd #EnergyInfrastructure #investments #PrivatBank #Ukrgasbank #YuliyaSvyridenko
The Ukraine Facility has been fully launched: Ukraine will receive €5.3B in grants. The Minister of Economy of Ukraine, Yulia Svyrydenko, signed the Financial Agreement between Ukraine and the EU that regulates the receipt of €5.27B in grant aid under the Ukraine Facility over the ne... #GrantForUkraine #InvestmentsinUkraine #SupportUkraine #UkraineEU #UkraineFacility #YuliyaSvyridenko
The first project with significant investment within the framework of the “Made in Ukraine” platform received its initial evaluation. According to Minister of Economy Yulia Svyrydenko, in April the government approved a procedure for using funds to support projects with significant investment within the framework of the Made in Ukra... #BusinessSupport #investments #MadeinUA #UkraineEconomy #YuliyaSvyridenko
The government has approved an energy development plan that is required to join the EU. The Cabinet of Ministers approved the National Energy and Climate Plan (NECP) for the period until 2030. The plan coordinates environmental, energy, and economic policies for Ukraine’s sustainab... #DecarbonizationUkraine #EuropeanIntegration #ReformsinUkraine #UkraineEnergy #YuliyaSvyridenko
The DFC will help Ukraine to develop an affordable housing market. The Ministry of Economy, the American International Development Finance Corporation (DFC), and Citibank signed a memorandum on the development of the mortgage lending market in Ukraine. The Minister o... #AffordableMorgagesUkraine #DenysShmyhal #DFC #eOselya #MortgagesUkraine #URC2024 #YuliyaSvyridenko
In Berlin, Ukraine presented a $27B investment guide, and the EU launched the Ukraine Investment Framework. The Ministry of Economy of Ukraine presented its Investment Guide at the URC2024 in Berlin. The guide contains a detailed overview of key sectors – energy, transport and logistics, the agro-indu... #investments #UkraineFacility #UkraineInvestmentFramework #UkraineRecovery #URC2024 #YuliyaSvyridenko
How can investors use co-financing to support Ukraine’s private sector? Ukraine is coordinating with Development Finance Institutions (DFI) to find a way to support its private sector. A memorandum between the EBRD and DFIs on the Co-financing Platform allows long-term pr... #ebrd #ForeignInvestor #InvestmentsinUkraine #UkraineEconomy #YuliyaSvyridenko
The Ministry of Economy of Ukraine estimates GDP growth in April to be 4.3%. In April 2024, Ukraine’s GDP growth compared to April last year was about 4.3%. For January-April, the economic department noted that the growth is estimated at the level of 4.4% compared to the... #energyukraine #GDPinUkraine #IndustryUkraine #UkraineEconomy #YuliyaSvyridenko
Kyiv has offered Argentina and Chile a free trade agreement, participation in reconstruction, and investment opportunities in Ukraine. Following visits by Minister of Economy Yuliya Svyrydenko to Argentina and Chile, she confirmed a common interest in investment and the conclusion of bilateral agreements on free trade. “Pharmac... #Argentina #Chili #PeaceSummit #TradeAgreement #UkraineForeignTrade #YuliyaSvyridenko
The government calls on businesses to prepare investment projects to receive funding from the EU. Economy Minister Yuliya Svyrydenko called on Ukrainian businesses to prepare investment projects to use the Ukraine Investment Framework investment attraction tool. At the second International Summit ... #businessinukraine #BusinessSupport #InvestmentsinUkraine #KfW #UkraineFacility #YuliyaSvyridenko
Foreign investors in Ukraine are most interested in the defense sector, which has export potential. Minister of Economy Yulia Svyrydenko said foreign investors are most interested in developing the Ukrainian defense industry. “Because everyone understands that Ukraine is a great field for test... #DefenseIndustryUkraine #DefenseInvestments #InvestmentsinUkraine #RobertaMetsola #YuliyaSvyridenko
After EU ambassadors voice their support for the Ukraine Facility, Ukraine looks to receive €16B in funding for 2024. Ambassadors of the EU member states have supported the Ukraine Facility, agreeing with the positive assessment of the financial support instrument proposed by the EC. The EU Council must still approve... #EUfinancialAid #ReformsinUkraine #UkraineFacility #YuliyaSvyridenko
How Ukraine’s military economy will grow: the government’s forecast. Despite the war, the Ukrainian economy will grow by approximately 4.6% in 2024, although Russian missile attacks may worsen this indicator, said Minister of Economy Yulia Svyrydenko at the Kyiv Invest... #DefenseIndustryUkraine #GDPinUkraine #UkraineDevelopment #UkraineEconomicForecast #UkraineEconomy #YuliyaSvyridenko
The Ukrainian government has identified the most promising areas for investment and offers state support programs. Last year, despite the war, foreign investors invested $4.25B in Ukraine’s economy, said Minister of Economy Yulia Svyrydenko. “The government, together with the private sector, has identi... #agroUkraine #InvestmentsinUkraine #ProcessingPlantUkraine #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
Ukrainian exports increase to a record level of more than 13 million tons monthly. Economy Minister Yuliya Svyrydenko noted that last month’s exports amounted to more than 13 million tons, surpassing the indicators from February 2022 and reaching $3.3B. April exports are the l... #PathsOfSolidarity #UkraineEconomy #UkraineExport #UkraineMaritimeCorridor #UNITYinsurance #YuliyaSvyridenko
Investment opportunities in Ukraine over the next 10 years will exceed $292B. The Ministry of Economy has identified sectors for investment that may interest foreign companies – energy, transport and logistics, agro-processing, critical materials, green steel, and digital... #InvestmentsinUkraine #MilitaryRiskInsurance #UkraineFacility #VilleTavio #YuliyaSvyridenko
The Vice Chancellor of Germany arrived in Kyiv and discussed investments, reconstruction, and defense projects. On April 18, Minister of Economy Yulia Svyrydenko met with Vice-Chancellor of Germany Robert Habeck, who arrived in Kyiv on an unannounced visit. Svyrydenko presented Ukraine’s urgent need for energy ... #ElectricityGeneration #GermanBusiness #InvestmentsinUkraine #MiningUkraine #RobertHabeck #YuliyaSvyridenko
Denmark provides a defense support package worth $313.6M, of which $28.5M is to be invested in the Ukrainian military-industrial complex. Denmark has allocated a new military aid package for Ukraine, from which DKK 200 million ($28.5 million) will be directed to support Ukrainian weapon manufacturers. Almost another DKK two billion ($28... #DenmarkSupportUkraine #dronestoUkraine #MilitaryAidforUkraine #WeaponsforUkraine #YuliyaSvyridenko
Swedish businesses will expand their presence in Ukraine, and Finnish business agencies will open a representative office in Kyiv. The Swedish business community is interested in increasing its presence in Ukraine and developing cooperation with Ukrainian companies in high-tech industries, energy, telecommunications, and cyber se... #EbbaBusch #GermanGalushchenko #NuclearEnergyUkraine #UkraineReconstruction #YuliyaSvyridenko
Ukraine is launching a mechanism to support large investors. The government has approved the latest regulatory document that is necessary to launch the state support mechanism for projects with significant investment. Investors will receive maximum assistance a... #ForeignInvestor #investments #InvestmentsinUkraine #YuliyaSvyridenko
The European Parliament approved the allocation of €50B for Ukraine over four years. However, the €50B EU program will receive final approval in April. “The regulations for disbursement of funds under the EU program contain final conditions, which will be approved by the governm... #EUfinancialAid #EuropeanParliament #SerhiyMarchenko #UkraineBudget2024 #UkraineFacility #YuliyaSvyridenko
Japan will spend €1.25B to support its investors in Ukraine. The relevant documents were signed during the Tokyo Conference on Economic Development and Reconstruction. Prime Minister of Ukraine Denys Shmyhal specified that the Japanese export credit agency, NEX... #DenysShmyhal #EEPO #InvestmentsinUkraine #JapanandUkraine #JETRO #KenSaito #TokyoConference #YuliyaSvyridenko
Nasdaq will help Ukraine develop markets and entrepreneurship. The Ministry of Economy of Ukraine and the Nasdaq signed a memorandum of understanding designed to strengthen the Ukrainian economy and capital market. As part of the agreement, Nasdaq and the ministr... #BusinessDevelopment #NASDAQ #UkraineEconomy #YuliyaSvyridenko
The US will help Ukraine modernize business support and attract private investment. “Now we strive for the fastest possible recovery of the economy, which is impossible without the involvement of private investment. And for this, we need to expand, insuring investors against mi... #BusinessSupport #InvestmentsinUkraine #USAID #YuliyaSvyridenko #бізнесвУкраїні
Britain extends duty-free trade with Ukraine for five years, and trade has increased by 20% to $1.4B. The UK Department for Business and Trade announced that duty-free trade will be extended for all goods for five years, except for eggs and poultry, for which the regime will be extended only for two y... #DutyFreeTrade #UkraineBritainTrade #UkraineEconomy #YuliyaSvyridenko #ВідвантаженнятоварівУкраїна
Ukraine exported record volumes during the war, and for the first time, a ship has been insured against war risks. Domestic producers exported 12 million tons of products in January, two million tons less than in pre-war January 2022. The Ministry of Economy noted that 8.7 million tons were exported by sea. As Min... #BlackSeaCorridor #MilitaryRiskInsurance #UNITYinsurance #YuliyaSvyridenko #ВідвантаженнятоварівУкраїна
The British Stock Exchange and a lobby group will help Ukraine attract investment. On January 23, the Ministry of Economy of Ukraine signed a memorandum of understanding with the London Stock Exchange (LSE) and TheCityUK, the most influential lobbying group in the UK’s financi... #BritishStockExchange #BruceCarnegieBrown #LondonStockExchange #TheCityUK #YuliyaSvyridenko
Ukraine is launching the Ukraine Development Fund and anticipates $30B in investment over four years through the Ukraine Facility. At the World Economic Forum in Davos, Minister of Economy Yuliya Svyridenko reported that work is underway on the Ukraine Development Fund and other instruments for attracting investment. “In 2023, th... #Davos2024 #InsuranceUkraine #InvestmentsinUkraine #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
The state will focus on launching joint defense enterprises with Western companies and developing industrial parks. In 2024, Ukraine aims to create joint defense enterprises with Western companies and localize the production of weapons, demining equipment, and other military equipment, Minister of Economy Yulia Svy... #DefenseEnterprises #DefenseIndustryUkraine #IndustrialPark #UkraineEconomy #YuliyaSvyridenko
Ukraine has developed mechanisms to insure investments against war risks. The Ministry of Economy of Ukraine has worked in three key directions: access to financing of investment projects, insurance of military and political risks, mechanisms of support, and state stimulati... #InsuranceUkraine #InvestmentsinUkraine #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
The government presents the largest investment projects in the Dnipropetrovsk region. Minister of Economy Yulia Svyridenko has described investment projects by large companies in the Dnipropetrovsk region. Interpipe is implementing three projects, the largest of which is constructing a... #ArcelorMittal #Biosphere #BusinessInvestments #InterpipeUkraine #UkraineEconomy #YuliyaSvyridenko
Ukraine expects $90B in manufacturing industry investment over the next 10 years. “Our goal is to increase the share of the processing industry in GDP from 8% to 20%. It is planned to attract $90B in investment for manufacturing enterprises over 10 years,” said Economy ... #InvestmentsinUkraine #Manufacturing #ProcessingPlantUkraine #UkraineRecovery #YuliyaSvyridenko
Seven state-owned joint-stock companies are selling their assets at public auctions. These sales will take place according to new rules regarding online auctions in the electronic trading system Prozorro.Sales, the Ministry of Economy reported. Electronic auctions for the sale and lea... #AuctionUkraine #PrivatizationUkraine #ProzorroUkraine #UkrainianRailways #Ukrposhta #YuliyaSvyridenko
At Rebuild Ukraine in Toronto, Ukraine called on Canadian businesses to invest. The deputy head of the Office of the President of Ukraine, Rostyslav Shurma, said at the conference that Ukraine provides two opportunities for Canadian investors to make money: the first is the recon... #InvestmentsinUkraine #MaryAngie #RebuildUkraine #RostyslavShurma #UkraineReconstruction #YuliyaSvyridenko
Ukraine launches a Ship Insurance Fund. The $50M fund, created on November 14 together with the British government and a pool of insurance companies, may become operational as early as this week, said Minister of Economy Yuliya Svyridenko. ... #InsuranceUkraine #MilitaryRiskInsurance #UkrainianShipInsurance #YuliyaSvyridenko
The DFC and MIGA accelerate investment insurance in Ukraine. The American Development Finance Corporation (DFC) will send a special representative to Ukraine to hasten the acquisition of insurance by investors. He will advise both Ukrainian and international bu... #DFC #InsuranceUkraine #InvestmentsinUkraine #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
A French state-owned company will insure business investment in Ukraine, and enterprises seek to localize production. Ukraine’s Economy Minister Yuliya Svyridenko said: “We are discussing potential tools for Ukraine’s recovery, including war risk insurance, to enable French investors to enter Ukrain... #Bpifrance #InsuranceUkraine #InvestmentsinUkraine #MilitaryRiskInsurance #YuliyaSvyridenko
The war has accelerated Ukraine’s expansion of its processing industry. “If we take OECD standards, in developed countries, the share of the processing industry in GDP is 20%. Therefore, we set ourselves the task of increasing the share of processing in Ukrainian GD... #agroexportukraine #ProcessingPlantUkraine #UkraineEconomy #YuliyaSvyridenko
Ukraine needs to attract an additional 4.5 million people for reconstruction. Due to the war and forced migration abroad, the reconstruction of Ukraine will require the involvement of at least 4.5 million additional people. The government plans to solve the problem by encouragi... #RefugeesFromUkraine #RepatriationInUkraine #UkraineReconstruction #UkraineRecovery #YuliyaSvyridenko
MIGA and the DFC are finalizing six Ukrainian projects with war risk insurance. One of the projects is the Dragon Capital Industrial Park, which recently received $9.2M in military risk coverage from MIGA, said Economy Minister Yuliya Svyridenko. MIGA is working on two more proje... #DFC #InsuranceUkraine #MIGA #MilitaryRiskInsurance #UkraineEconomy #YuliyaSvyridenko
Ukraine wants all purchases made with donated funds to be processed through the Prozorro system. The Government of Ukraine working to establish Prozorro, the public procurement system, as a mandatory tool for the procurement of goods or services financed by international donors, said Economy Mini... #ProZorro #PurchasesUkraine #YuliyaSvyridenko
The Ukrainian government presents steps to ensure global food security. Minister of Economy Yulia Svyridenko stated during the summit in Malta that free and safe navigation in the Black and Azov Seas is a critical point for guaranteeing food security. In addition, importi... #agroexportukraine #GlobalFoodSecurity #GrainCorridors #Ukrainiangrain #YuliyaSvyridenko
