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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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What worries Ukrainians most. Results of survey Ukrainians are more afraid of price hikes than occupation of territories and shelling - poll. INFOGRAPHICS Ukrainians believe that the biggest challenges over the next year are price increases and the economic crisis. 11 977 263 Previously in trend: War

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

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

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

Зупинка бронювання є загрозою There is no logic in suspending military exemption of critical employees - expert Suspension of military exemption, which the government has implemented, poses a real threat to the operation of strategically important enterprises and could cause numerous disruptions in their work. Therefore, the mechanism for retaining important employees should be restored as soon as possible. 4 637 13

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

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

Економіка КНДР відродилася завдяки торгівлі зброєю з РФ DPRK’s economy rebounds due to arms trade with Russia - Bloomberg North Korea's economy has revived as the arms trade with Russia has bolstered Kim Jong-un's regime. 3 482 12

Prime Minister of Belgium Alexander De Croix Russian economy can withstand war for at least year - Belgian Prime Minister De Croix Belgian Prime Minister Alexander De Croix has called for tougher sanctions against Russia, paying special attention to the export of liquefied natural gas and fertilizers. 4 428 12

Competition between manufacturers will reduce burden on budget for military procurement expansion, - Turchynov The competitive struggle between manufacturers will reduce the burden on the budget in terms of expansion of the scope of military procurement. 4 307 12 Ukrainian Politics

Scholz urges German business to invest more in Ukraine Scholz urges German business to invest more in Ukraine German Chancellor Olaf Scholz called on German businesses to invest in Ukraine. 966 11

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

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

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

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

Putin threatens NATO again. Calls troops a legitimate target Russia’s energy crisis is pushing Putin not towards peace, but towards another escalation - Telegraph Russian dictator Vladimir Putin is losing the economic war faster than he gains any military advantage in Ukraine. Therefore, we should expect an escalation of the war. 3 784 22 Previously in trend: UAV attack on oil refinery of Russia State of Russian economy Striking Russia

Zelenskyy on security guarantees Economic guarantees, including EU membership, are foundation of just peace for Ukraine, Zelenskyy said President of Ukraine Volodymyr Zelenskyy emphasized that economic guarantees should be enshrined in documents after the end of the war in order to ensure Ukraine’s access to EU funding and programs. 707 13 Previously in trend: security guarantees Ukraine’s Membership in the EU

Russia is concealing information about forest fires, according to intelligence reports Russia conceals extent of forest fires, - Ukrainian intelligence The Russian authorities systematically underestimate the scale of forest fires, which cover millions of hectares of territory every year. 3 218 8 Previously in trend: Fires in the Russian Federation

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

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

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

Russia loses oil revenues amid sanctions and falling prices Russia’s budget deficit may reach 5.7 trillion rubles in 2025 Russia is rapidly losing profits from energy exports. Censor.NET reports that the decline in revenues is linked to falling oil prices and new sanctions, according to data from the Russian Finance Ministry. 1 922 10 Previously in trend: Sanctions against Russia

Kaja Kallas Kallas: New EU sanctions will increase pressure on Russia’s economy High Representative of the European Union for Foreign Affairs Kaja Kallas said that the EU was preparing new sanctions that would soon seriously affect the Russian economy. 1 069 6 Previously in trend: Sanctions against Russia

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

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

гаврилишин Ukraine's great economist and philanthropist Bohdan Hawrylyshyn dies aged 90 Ukrainian-Canadian-Swiss economist, professor, philanthropist and public activist Bohdan Dmytrovych Hawrylyshyn died Oct. 24, 2016, aged 90. 38 667 4 Society

China Russia is becoming China’s resource base, while local communities are not receiving promised benefits, - Foreign Intelligence Service Russia is becoming increasingly economically dependent on China, effectively turning into its resource base. At the same time, local communities are increasingly failing to receive the promised benefits. 2 312 8 Previously in trend: China–Russia cooperation Ukraine Intelligence

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

Партнери запевнили у допомозі до кінця 2024 року We have received assurances from our partners about assistance until end of 2024 - Marchenko Ukraine has received assurances that it will receive the necessary financial assistance by the end of 2024. 1 061 4

Sulphur shortage in Russia Decrease in oil and gas processing in Russia leads to sulphur shortage, - intelligence Against the backdrop of declining oil and gas processing, Russian companies are losing the ability to produce sufficient volumes of technical sulphur, a key raw material for the chemical industry. 6 588 4 Previously in trend: UAV attack on oil refinery of Russia

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

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

Russian economy Russia has lost quarter of liquid assets due to war in Ukraine - Bloomberg In 2024, Russia spent almost 25% of the liquid reserves of its National Welfare Fund to support the economy in wartime and finance the invasion of Ukraine. 2 380 3

Japan has provided $1.2 billion in aid to Ukraine Ukraine received $1.2 billion from Japan through World Bank projects Ukraine has received about $1.2 billion from Japan through World Bank projects. 397 3 Previously in trend: Aid to Ukraine

The Belarusian economy is slowing down What is known Belarusian economy approaching stagnation, - FISU The economy of Belarus is slowing down amid problems in the Russian economy. 7 741 6 Previously in trend: State of Belarusian economy

The state of the Russian economy Russia plans to spend 13 trillion rubles on "defense" every year - FIS Russia’s defense spending in the next three years is planned to be around 13 trillion rubles annually, according to the draft federal budget for 2026–2028. For comparison, in 2025, it was planned to spend 13.5 trillion rubles on defense, and together with security, 17 trillion, or 8% of GDP. The actual spending turned out to be even higher. 820 2 Previously in trend: State of Russian economy

Директорка Департаменту з питань комунікацій МВФ Джулія Козак IMF: Russia’s missile strikes may affect macroeconomic forecasts for Ukraine The International Monetary Fund is monitoring the massive missile and air strikes on Ukrainian civilian infrastructure and does not rule out that this could affect Ukraine’s macroeconomic outlook in the near term. 977 2 Economics

The state of the Russian economy Kremlin cuts aid to small businesses, directs all resources to war - FISU In the first half of 2025, state support for small and medium-sized businesses in Russia fell by almost half, as the Kremlin's priority remains spending on the war against Ukraine. 1 791 5 Previously in trend: State of Russian economy

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

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

Prime Minister Svyrydenko said that an IMF mission will arrive in Ukraine soon. IMF mission to visit Ukraine soon – Svyrydenko An International Monetary Fund (IMF) mission will arrive in Ukraine in the near future. 257 0 Previously in trend: Cooperation with IMF IMF financial assistance