Internally displaced persons in Ukraine [RUS]

As of February 2023, there were 4.8 million internally displaced persons officially registered in Ukraine - that means, those Ukrainian citizens who were forced to leave their homes because of the war, but did not leave the country but moved to safer regions. Assistance to internally displaced persons is the largest of the social benefits planned in the state budget for 2023.

Crisis in Ukrainian agriculture [RUS]

The Ukrainian agricultural sector, one of the main sectors of the economy capable of filling the country's budget with money, is entering a deep crisis. The sector is not only experiencing difficulties caused by the Russian invasion of Ukraine, but also seems to be rapidly losing trading partners and markets.

National Reconstruction Plan of Ukraine [RUS]

Hundreds of thousands of homes across the country have been damaged or completely destroyed as a result of the fighting. The draft National Reconstruction Plan of Ukraine, which the government has developed together with experts, envisages not only reconstruction and construction, but also the modernisation of housing. However, Ukrainian builders will definitely not start mass construction of modernized houses in the near future.

Price rises in 2023 [RUS]

Ukraine is preparing for the summer season and fears another price increase. In autumn 2022, the government imposed a moratorium on utility tariffs increases during 2023. However, it does not apply to all services. The country will not be able to avoid the growth of tariffs this year. Moreover, experts do not expect inflation in Ukraine to slow substantially in 2023. All Ukrainians will feel the effects. Regardless of financial difficulties and rising prices, Ukrainians are getting ready to celebrate Easter. In the article you will find some economic data related to the celebration of this holiday in Ukraine.

Ukrainian Economy after the year of war [RUS]

UN experts say that the blocking of ports and damage to steel mills has had an extremely negative impact on the country's economy. Despite this, the decline of the Ukrainian economy was less than expected; the support of Western countries - primarily financial support - played a role. Ukraine's financial system has been preserved as such, banks have worked almost continuously and there has been no collapse of the hryvnia and no hyperinflation. Now the country needs to focus on a few key aspects: improving business security, expanding logistics routes, attracting foreign investment and working together with foreign partners.

Power Industry [RUS]

Ukraine is experiencing a challenging winter with constant power and heat cuts. Massive Russian bombing is primarily targeting critical infrastructure, including distribution points and thermal power plants. Coal supplies are dwindling rapidly, burning faster than they are replenished from imports and Ukrainian sources. More about the energy situation in Ukraine you can read in our article.

Setting the price cap on Russian oil is another step in the long-term strategy of Western countries [CZ]

Last December, the G7 group of the world's most developed countries agreed to cap the price of Russian oil. It set the price of a barrel at USD 60. The main aim of this price cap is to weaken Moscow's ability to finance the war in Ukraine. However, Ukrainian President Volodymyr Zelenskyy has criticised the G7 decision and considers it insufficient.

Compensation for damaged and destroyed housing as a result of the Russian invasion [RUS]

The Verkhovna Rada of Ukraine is preparing for the second reading of the long-awaited Law No. 7198, which sets out the rules for the payment of compensation for housing damaged and destroyed as a result of the Russian invasion. The general principle set out in the document is that citizens must be compensated for both partially damaged and completely destroyed houses.

Unemployment benefit in Ukraine [RUS]

The maximum unemployment benefit is now equal to the official minimum wage in the country. The minimum unemployment benefit has been reduced. Neither the amount of the benefit nor the minimum wage will be revised during this year. You can find more about unemployment in Ukraine in our article.

Ukrainian export in a war time [RUS]

This year’s Ukraine mostly exported commodities of Ukraine in this year were corn (21.9 million tons worth $5.3 billion), wheat (9.6 million tons worth $2.3 billion) and sunflower oil (3.9 million tons worth $5 billion). Of course, this is less than in the same period of the pre-war 2021 - by 16.7% in volumes, and by almost 14% in value. At the end of the year, the Ukraine ‘s agricultural sector of Ukraine also faced an unexpected problem - the impact of anti-Russian Western sanctions.