Ministry of Economy
The Ministry of Economy of Ukraine is the central executive body responsible for shaping and implementing the state's economic policy. It oversees the development of industry, trade, investment, entrepreneurship, and the regulation of economic activity. The ministry is headed by the Minister of Economy and reports to the Cabinet of Ministers of Ukraine. Its work also covers coordination of international economic cooperation and participation in shaping fiscal policy.
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Ukraine eases customs rules for businesses hit by shelling and weapons production
Ukraine’s government adopted a resolution simplifying customs procedures for businesses that lost or damaged property during shelling. The measures preserve access to reduced customs guarantees for qualifying firms, accelerate official goods controls and provide duty- and VAT-free imports for materials, equipment and components used in foreign-funded weapons production.
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Ukraine PM puts 2025 business damage from Russian strikes at $7.7 billion
Prime Minister Serhiy Koretsky said Russian attacks caused $7.7 billion in direct damages to Ukrainian businesses this year and destroyed or damaged more than 1 million square meters of warehouse, production, and logistics space. In an interview with BBC Ukraine, he said the economy is still functioning and outlined government relief measures, including transferring state premises to firms and adjusting the subsidized "Affordable Loans 5-7-9%" program. He also said the state has stepped in to partially compensate losses that vessels entering Ukrainian ports cannot insure internationally.
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Ukraine's PM says Cabinet will finalise booking-system overhaul this week, insists critical enterprises unaffected
Prime Minister Serhiy Koretsky told BBC News Ukraine on 19 October that the Cabinet of Ministers will finalise this week changes to the conscription deferment (booking) system aimed at curbing large-scale abuses, while guaranteeing that genuinely critical enterprises will keep booking workers as before. He warned that monthly bookings and deferrals have been running into tens of thousands and, if the trend continues, "absolutely everyone" will soon be booked. The statement comes as parliament, the Ministry of Defence and business groups push back against an earlier draft that proposed cutting booking limits for the defence-industrial complex and energy sector from 100% to 85%.
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Ukraine's parliament adopts new property valuation law, unblocking $4.2 billion EU tranche
The Verkhovna Rada has adopted a comprehensive law that fully replaces Ukraine's 2001 property valuation framework, aligning it with European and international standards. The reform is one of four decisions required to release a $4.2 billion second tranche of EU macrofinancial assistance under the Ukraine Support Loan program and is linked to Ukraine's IMF Extended Fund Facility obligations.
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U.S.-Ukraine Reconstruction Investment Fund approves over $60 million package, eyes up to $1 billion in third-party capital
The U.S.-Ukraine Reconstruction Investment Fund (URIF) has approved its largest investment package to date, directing more than $60 million of its own funds into new projects in energy, critical minerals, and dual-use technologies. The Fund expects the projects to attract up to $1 billion in additional capital from third-party investors. The package was announced one year after the Fund's launch, when Ukraine and the United States each contributed $75 million to an initial $150 million in capital.
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Zelensky tells IMF's Georgieva in New York that Fund will help Ukraine secure part of 2027 financing
President Volodymyr Zelensky met IMF Managing Director Kristalina Georgieva on the sidelines of the 81st UN General Assembly in New York on September 22, and said the IMF will help Ukraine find part of the funds needed for its financial stability in 2027. Zelensky told Georgieva that the Verkhovna Rada had already passed some of the legislation required by partners and that the remaining laws would be adopted by year's end.
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Ukraine plans $2–3 billion war-risk insurance fund for businesses, partly funded by VAT hike
Ukraine's Minister of Economy Oleksandr Kravchenko announced plans for a $2–3 billion insurance fund to compensate businesses for losses from Russian attacks, with payouts targeted to begin on January 1, 2027. The government proposes funding part of the fund by raising VAT from 20% to 21%, a politically sensitive move that has not yet been finalized.