Ukraine can receive €12. 5 billion from the EU in 2025 if it fulfills 56 indicators of the Ukraine Facility program. In 2024, €16.2 billion is expected after the 23 steps of the program are completed.
The state paid UAH 388 million in cashback to Ukrainians for the purchase of domestic goods, with payments doubling in November. Payments for December and January have been postponed to the end of February 2025 due to the peculiarities of the budget process.
Ukraine's economy grew by 4% in 11 months of 2024. The main drivers were transportation, construction, manufacturing, and domestic trade.
Businesses that provide false information about employees ' salaries will lose the opportunity to book for 6 months. Starting from December 1, booking is only possible through "action", provided that three criteria are met.
USAID CEP is launching an employment support program for youth, veterans, women, people with disabilities and IDPs. The project includes 8 components of $230 thousand each and will run from November 2024 to June 2025.
The World Bank launches a $593 million program to support Ukraine's private sector. The program will help 20,000 SMEs and save 40,000 jobs.
12. 5 thousand Ukrainian books have already been included in the National Cashback program, which allows them to receive 10% compensation of the price. More than 20 of the country's leading publishers have joined the initiative.
The government has approved a plan to join the European Network of Employment Services (EURES). Ukraine points to the need to study the classification of occupations, the role of intermediaries, and the coverage of students for effective integration.
Another 10 banks joined the program to compensate 15% of the cost of Ukrainian machinery and equipment. Now, a total of 12 financial institutions provide an opportunity to receive state support for the purchase of domestic equipment.
Minister of Economy Yulia Svyrydenko announced the launch of a grant program for young people. Six applications have already been received, and the number of business projects is expected to grow, as the program is aimed at retaining young people in Ukraine.
Prime Minister Shmyhal said that 140,000 square kilometers of Ukraine could be mined. The government plans to survey most of these areas by 2033 and create an international coalition for demining.
Law enforcement officers eliminated a Russian X-59 missile in Sumy region that fell in a field but did not explode. The missile was more than 6 meters long and weighed about a ton, its warhead was separated and destroyed.
The UNDP presented a report on demining financing in Ukraine. The most promising options are the issuance of thematic bonds and public-private partnerships that combine demining with the development of solar energy.
The Minister of Economy of Ukraine said that $34 billion is needed to survey and demine the territories. The government is working to reduce the cost of the process and introduce innovative approaches to financing, including the issuance of thematic bonds.
The EU allocates $440 million to support Ukraine's defense industry. This marks a change in the EU's approach to war and highlights the shortcomings of its own defense sector in producing weapons.
Switzerland will host an international conference on mine action in Ukraine. About 60 countries and organizations have confirmed their participation in the event, which will take place on October 17-18 in Lausanne.
In September 2024, Ukrainian farmers received 30. 5 thousand hectares of mine-cleared agricultural land. Since the beginning of the year, more than 231 thousand hectares have been cleared of mines, most of them in Kherson, Kharkiv and Mykolaiv regions.
Under the government's eRobota project, 21,000 entrepreneurs have received grants to start or develop their businesses. The state has invested UAH 10 billion in entrepreneurship through grants, and about 60,000 jobs have been created.
The Ministry of Energy has announced the first online auction for the distribution of the green energy support quota. The auction will take place on October 31, 2024, with a maximum price of 9 euro cents per 1 kWh.
Ukraine is launching an information campaign “Of Course You Can!” to overcome stereotypes about women's professional development. The goal is to reduce the gender pay gap from 18.6% to 13.6% by 2030.
In August 2024, Ukraine's economy grew by 3. 5% year-on-year. The main growth drivers were industry, transportation, construction and domestic trade.
Ukraine and Guatemala considered the possibility of strengthening economic cooperation, including the conclusion of a free trade agreement. Guatemala actively supports Ukraine in international initiatives and coalitions.
The Ministry of Economy of Ukraine has created a dashboard to track the implementation of Ukraine's plan under the EU's Ukraine Facility program. The dashboard allows the government, partners, and the public to monitor the progress of the indicators.
Ukraine and the Dominican Republic agreed to strengthen economic cooperation. They discussed the prospects for increasing trade and the possibility of turning the Dominican Republic into a logistics hub for Ukrainian exports in the region.
About 160,000 employees of critical enterprises have booked through the Diia portal. The total number of booked employees is 770 thousand, with the highest number in Kyiv, Dnipro and Lviv regions.
Since the beginning of 2024, Ukrainian entrepreneurs have received 14,645 soft loans worth UAH 55. 2 billion under the 'Affordable Loans 5-7-9%' program. Most of the funds have been allocated to agriculture and manufacturing.
Oschadbank has signed the first loan agreement in Ukraine for the installation of a gas reciprocating power plant under the '5-7-9%' program. The loan of UAH 28.7 million was granted for 5 years at 9% per annum for the installation of a 2.5 MW generator.
Turkey ratified the free trade agreement with Ukraine signed in February 2022. This is expected to increase bilateral trade from $7.3 billion to $10 billion in a short period of time.
Ukraine hopes for Turkey's active participation in ensuring food security and navigation safety in the Black Sea. The parties also discussed the ratification of the Free Trade Agreement and strengthening economic cooperation.
The Ministry of Economy has transferred the process of obtaining export licenses to an electronic format. The submission of documents has been simplified, the list of documents has been shortened, and application and license forms have been updated.