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In 2025, Ukraine's economy faces significant challenges due to the ongoing conflict with Russia. An International Monetary Fund (IMF) mission is set to visit Ukraine soon, signaling potential financial aid and economic stabilization efforts. Despite the challenges, EU High Representative Kaja Kallas notes that time now favors Ukraine, as Russia's war economy weakens. Meanwhile, Russia plans to allocate 13 trillion rubles annually to defense amid an intensifying economic crisis. The EU and German Chancellor Friedrich Merz emphasize the importance of sanctions to economically exhaust Russia. Additionally, Ukrainian leaders stress the economic impact of the war, with President Zelenskyy revealing significant expenditures and advocating for economic guarantees and EU membership as foundations for peace. International support remains crucial, with Japan contributing $1.2 billion through World Bank projects to aid Ukraine’s recovery.

What are the main economic challenges facing Ukraine in 2025?

Ukraine is grappling with economic instability due to the ongoing war with Russia. Key challenges include managing expenditures on defense, gaining international financial assistance, and stabilizing its economy amidst external threats. The IMF's upcoming visit and international support play pivotal roles in addressing these issues.

How has the International Monetary Fund supported Ukraine's economy?

The IMF is preparing for a mission to Ukraine, which indicates potential financial support and policy guidance. This mission aims to help stabilize Ukraine's economy, provide funds, and restore confidence amidst the ongoing conflict dynamics.

What measures are being taken to economically weaken Russia?

The EU is preparing new sanctions that target key sectors of Russia's economy, aiming to reduce its ability to finance military operations. Chancellor Merz also emphasizes using sanctions strategically to impair Russia's military economy, effectively exhausting its economic resources.

How is Japan contributing to Ukraine's economic recovery?

Japan has committed $1.2 billion in aid to Ukraine through World Bank projects. This financial support is crucial for Ukraine's economic recovery, helping to stabilize its financial markets, improve infrastructure, and enable economic development despite the ongoing conflict.

What impact could Ukraine's potential EU membership have on its economy?

President Zelenskyy stresses that EU membership could offer significant economic guarantees, including access to EU funding and programs. This membership could stabilize Ukraine's economy, attract investments, and enhance its integration into the European market, crucial for long-term recovery and growth.

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євросоюз Ukraine agrees with EU to extend "economic visa-free regime" - Shmyhal Ukraine is negotiating with the European Union to extend the "economic visa-free regime". The European Commission has recommended extending it until June 2025. 481 7 Economics

деньги,ввп,гроші In 2023, economy of Ukraine demonstrated certain resistance to war: GDP growth was 4.6%, - UN report In 2023, Ukraine’s economy showed a slight recovery - GDP growth amounted to 4.6% after a previous drop of 29.1%. 635 4 Previously in trend: War

страйк,поляки,польща,блокування Ukraine may lose 1.5 billion dollars due to blockade of western borders, - NBU The country may lose 1.5 billion dollars due to restrictions on the movement of freight transport through the western borders of Ukraine in November and December. For December, the reduction is 620 million dollars. 1 196 29 Economics

кремль War against Ukraine significantly affected economy of Russia, - Financial Times The war against Ukraine has had a significant impact on the Russian economy, raising domestic prices and forcing Moscow to allocate a third of its budget to military spending. According to the US Treasury, the country’s GDP would have been more than 5% higher had the Russian Federation not launched a full-scale invasion. 4 909 17 Previously in trend: War

свириденко Ukraine and Turkey ready to ratify free trade agreement in near future - Ministry of Economy The governments of Ukraine and Turkey are ready to ratify the free trade agreement in the near future. The agreement will enter into force in early 2024 and will open up new opportunities for duty-free or partially duty-free trade between the two countries. 426 0 Economics

мвф Protracted war in Ukraine poses significant risk to country’s economic prospects, - IMF According to the International Monetary Fund, the duration and intensity of the war in Ukraine pose a significant risk to the country’s economic prospects. At the end of the year, Ukraine’s GDP growth could be between 1% and 3%. 3 078 23 Previously in trend: War

шойгу,путін Putin put Russian economy on war footing. This will have negative consequences, - Reuters Russia’s economy has entered an overheating phase due to increased military spending. The Russian Federation lacks skilled workers, the ruble is weakening, and the state economic sector is becoming less efficient and more corrupt. 11 075 66 World

гетманцев If partners stop external financing of Ukraine, there will be two ways out - cutting costs or printing money, - "Servant of people" Hetmantsev In the event of the termination of external funding, Ukraine will have two options: severe spending cuts or starting a "printing press" with money. 5 591 61 Economics

марченко,сергій Economy growth will accelerate to almost 5% in 2023, - Marchenko During the year, the economy of Ukraine demonstrated stability. GDP is forecast to grow to 4.7% after last year’s drop of 29.1%. 1 620 18 Economics

георгієва Ukraine needs almost $32 billion of external financing in 2024, - IMF According to the latest estimates of the International Monetary Fund (IMF), Ukraine’s external financing needs in 2024 are $31.9 billion, which is $3 billion more than the Fund had previously estimated. 635 3 Economics

шмигаль Ukraine has already confiscated and used most of Russian assets for reconstruction. Now West must act, - Shmyhal The recovery fund in the budget of Ukraine this year was filled with funds from the sale of confiscated Russian assets. They expire. 1 107 27 Economics

инвестиции,рынок,фондовый,акции Countries that did not condemn war against Ukraine lost $180 billion in investments, - Bloomberg About $180 billion of foreign direct investment in 2022 moved from countries that refused to condemn the Russian invasion to those that supported Ukraine. 7 312 9 Economics

джанет,єллен Doubling support for war-torn Ukraine is "single best" way to help global economy, - US Treasury Secretary Yellen US Treasury Secretary Janet Yellen, speaking on the sidelines of the G20 finance ministers’ summit in India, said that a "key priority" is to "double our support for Ukraine" in its defense against Russia. 1 163 6 Previously in trend: War

долар,долари Russians are increasingly trying to illegally take currency out of country, - Russian mass media Since March 2022, Russia has detected more than 8,300 attempts to circumvent restrictions on the export of foreign currency, the amount of which exceeds the established limit of $10,000. 3 015 5 World

зеленський,економіка We talked about development of various industries and GDP growth, - Zelensky held meeting on economic development. PHOTO President of Ukraine Volodymyr Zelenskyy held a meeting to discuss ways to ensure economic and GDP growth and the development of economic sectors. 2 019 41 Ukrainian Politics

георгієва,крісталіна Russia’s war against Ukraine has tragic consequences for entire global economy, - IMF’s Georgieva The war unleashed by Russia against Ukraine has tragic consequences for the entire global economy, as it sends extremely negative messages for interaction and has a concrete impact on supply security. 1 915 14 Economics

рф,армія,російська Because of war, Russia classified third of its expenditures. This is unprecedented indicator, - Bloomberg For the first time in history, Russia is hiding a third of its budget expenditures. It shows how a year of war changed her finances and economic priorities. 3 923 3 Previously in trend: War

експорт Exports from European Union to Russia fell to 11-year low In 2022, the European Union reduced its exports of goods to Russia by more than a third due to its invasion of Ukraine - to a minimum since 2012. 1 571 8 World

порт,бердянский Unblocking the ports will give huge boost to development of Ukraine’s economy, - Kalenkov The metallurgical industry suffered a heavy blow due to the war and is in a deep crisis. A solution to help the industry recover could be the unblocking of seaports for exports. In addition, it will give a huge boost to the development of Ukraine’s economy. 1 203 11 Economics

шмигаль Ukraine lost third of its economy due to war, - Shmyhal Prime Minister Denys Shmyhal estimates that the Ukrainian economy will fall by more than 30% in 2022 and expects growth of 0.3% this year. 2 054 29 Previously in trend: War

металургія Unlocking ports for metal export will be boost to GDP growth, - Kalenkov Ukraine seeks to expand the export agreement by adding metal products to the range of cargo sent through seaports. 1 241 13 Economics

війна Unemployment rate in Ukraine is 30%, - Ministry of Economy In Ukraine, the unemployment rate is about 30%, while 2 million people are looking for work inside the country and 2.7 million Ukrainians who left because of the war, but are ready to return and work. 4 630 40 Previously in trend: War

ввп,падіння Ukraine’s economy shrank by 30.4%. This is biggest drop since independence, - Ministry of Economy In 2022, Ukraine’s GDP fell by 30.4% (2%). This is the largest reduction during the entire period of independence of Ukraine. 3 804 35 Economics

economist Only Ukraine can be country of year, - Economist Ukraine was awarded for the heroism and resilience of the people, as well as effective resistance to a frankly stronger aggressor. 3 875 15 Previously in trend: War

шольц Best way to restore world economy is to end Russian Federation’s war against Ukraine, - Scholz at G20 German Chancellor Olaf Scholz said at a meeting of the leaders of the G20 countries that the best way to restore the world economy would be to stop Russia’s war in Ukraine. 2 235 12 Previously in trend: War

сунак Sunak called Russia "rogue country" and proposed plan for its economic isolation British Prime Minister Rishi Sunak called Russia a "rogue country" and proposed a plan to reduce its influence on the world economy. 12 509 46 Economics

єбрр European Bank for Reconstruction and Development has worsened forecast for growth of Ukraine’s economy for 2023 from 25% to 8% The European Bank for Reconstruction and Development (EBRD) still expects Ukraine’s economy to shrink by 30% in 2022, but for 2023 it has downgraded its growth forecast from 25% to 8%, according to the bank’s report "Perspectives of the Regional Economy " 845 6 Economics

експорт,росія Ukraine has completely banned export of goods to Russia The Cabinet of Ministers of Ukraine adopted the resolution "On the prohibition of the export of goods from Ukraine to the customs territory of the Russian Federation". The Government made the relevant decision at a meeting on September 27. 3 931 47 Previously in trend: War

ввп Russia’s invasion of Ukraine will cost tworld economy 2.8 trillion dollars, - OECD The world economy lost momentum after Russia’s aggressive war in Ukraine. The war slows growth and puts additional pressure on inflation around the world. 1 555 13 Previously in trend: Russian aggression against Ukraine War

газ,нафта Russia earned more from sale of oil, gas and coal than it spent on war with Ukraine Russia still receives record revenues from energy sales that far exceed its spending on the war against Ukraine. 9 372 94 World

украина,экономика Economy will start to grow next year, - Minister of Economy Svyridenko The Cabinet of Ministers expects that the economy of Ukraine will stabilize in the near future, and next year it may grow by 15.5%. However, it depends on the events in the war against the Russian Federation. 5 224 69 Economics

зеленський If authorities had warned Ukrainians about upcoming invasion of Russian Federation back in October, Ukraine would have held out for three days, - Zelensky Since the beginning of the full-scale invasion of Russia, Ukraine has been losing from $5 to $7 billion every month. The country would not have been able to sustain such expenses if the general public had learned about the plans of the Russian Federation back in October. 98 458 894 Previously in trend: War

зеленський After all crimes in Ukraine, Russia no longer be able to 'save face' – Zelensky, speaking to Australian students President of Ukraine Volodymyr Zelensky said Russia would not be able to "save face" after the crimes committed in Ukraine. 17 239 146 Previously in trend: War

обмін Hryvnia in exchange offices collapsed after NBU's decision to raise exchange rate On July 21, the average hryvnia exchange rate on the black market fell by almost a hryvnia compared to the morning quotations and currently fluctuates between UAH 37.56 and UAH 37.96 per dollar. 52 370 148 Economics

мвф "Shock after shock": IMF announces significant deterioration of economic forecast The International Monetary Fund will cut its forecast for global economic growth "significantly" in its next review. 8 478 9 Economics

колонна,катрін Russia's war against Ukraine is shock to world economy. All indicators are red, - head of Foreign Ministry of France Colonna Minister of Foreign Affairs of France Catherine Colonna states that the most developed countries of the world cannot look away from the war in Ukraine, including because of the consequences for the world economy. 3 932 8 Previously in trend: War

шмигаль Economy of Ukraine needs regular and powerful financial support, - Shmyhal Ukraine needs regular and powerful financial support for macroeconomic stability, which will also facilitate the post-war reconstruction of the country. 1 441 28 Previously in trend: War

мельник,андрій From January to May, Germany increased imports from Russia by 60% compared to 2021, - Ambassador Melnyk. DOCUMENT From the beginning of January to the end of April, Germany increased its imports from the Russian-occupying country by 60% compared to the same period in 2021. 9 818 47 World

шмигаль As of today, EU suspends all import duties on Ukrainian goods. It will strengthen our economy, - Shmygal We continue to move towards maximum integration with the EU. As of today, the European Union is liberalizing trade rules and suspending all import duties on Ukrainian goods. 3 374 11 Previously in trend: War

британія Ukraine has agreed with United Kingdom to hold investment conference in June, - Svyrydenko Ukraine and the United Kingdom have reached agreements on trade liberalization and attracting British investment into the Ukrainian economy. 1 154 1 Previously in trend: War

украина,экономика Ukraine's economy will fall by 30%, and will resume by 25% next year, - EBRD Ukraine's GDP will fall by 30% in 2022, and next year its economy will grow by 25%. 3 810 18 Economics

путін Putin's war will destroy Russia's economic achievements of last 15 years - G7 statement Putin failed to achieve dominance in Ukraine, but at the same time he managed to make Russia a global outcast. 6 586 23 Previously in trend: War

депутат,вр,рада,верховна Rada presents Ukraine's economic recovery plan: Full access to EU and G7 markets, deregulation, and liberalization Today, May 2, the Verkhovna Rada presented a plan for Ukraine's economic recovery after the war. It consists of nine key principles. 5 105 32 Economics

рубль Authorities of Russian Federation publicly admit that defeat in conditions of sanctions waits in near future, - Center of Counteraction to Misinformation The Center of Counteraction to Misinformation analysts say that the restructuring of Russia's economy to new realities is unlikely. 15 953 26 Previously in trend: War

зеленський We are working out plan of maximum acceleration of Ukraine's development, - Zelensky The authorities are developing an economic reconstruction plan for Ukraine. 4 103 61 Previously in trend: War

зеленський To improve economic situation it is necessary for country to live and work despite war - Zelensky To compensate for the economic losses caused by Russia's full-scale invasion, Ukraine needs help from partner states and international institutions, as well as the resumption of business. 3 062 27 Previously in trend: War

деньги,нбу,гривня,монеты,гривна,монета,банкнота,гривни,банкноты There are no preconditions for devaluation of hryvnia, - Hetmantsev Today there are no preconditions for the devaluation of the hryvnia, as Ukraine's financial system is stable. 5 114 40 Previously in trend: War

President: We launch economic patriotism program President: We launch economic patriotism program The President of Ukraine announced the launch of an economic patriotism program in the country. 43 319 215 Previously in trend: War

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