The Page collage
The 65th day of the war against the Russian invaders continues in Ukraine. The Page has collected business, political, and economic news that will help you learn more about the situation in the country that has been fighting for its right to exist for more than two months.
The major developments of the day are:
- In Kyiv, as a result of enemy shelling, a residential building was partially destroyed, rescuers extinguished the fire, ten people were injured, the press service of the State Emergency Service of Ukraine reported on April 28 at about 23:00. During debris removal, the rescuers found the body of the deceased. There are also injured people: 4 persons were hospitalized.
- The Zaporizhzhia Regional Military Administration decided to organize the work of Dmytro Orlov, mayor of the city of Enerhodar, in Zaporizhzhia in order to ensure the sustainable functioning of the legitimately elected government.
- The Cabinet of Ministers of Ukraine has allocated more than 119 billion UAH to the Ministry of Defense and more than 28 billion UAH to the Ministry of Internal Affairs for salaries, purchasing equipment, fuel, food, and weapons, Prime Minister Denys Shmyhal said.
Policy
- Poland sent Ukraine more than 200 T-72 tanks and several dozen infantry fighting vehicles delivered as part of military assistance, which is enough to form two brigades. According to Deputy Minister of Defense of Poland Wojciech Skurkiewicz, in total Warsaw sent military equipment worth 7 billion zlotys, or about $1.5 billion, to Kyiv.
- Petr Fiala, head of the Czech Republic government, on Friday, during a visit to Warsaw, assured that Prague refuses to pay for Russian gas in rubles. He added that he "did not agree with the position of Hungary deciding to switch to payment in rubles," expressing his intention to influence Budapest. However, Fiala admitted that now the Czech Republic is approximately 90% dependent on gas supplies from the Russian Federation. In connection with the situation developing, during a conversation with Prime Minister of Poland Mateusz Morawiecki, he spoke in favor of resuming the discussion of the project for constructing the Stork II gas pipeline between Poland and the Czech Republic.
- The Embassy of the Netherlands has resumed work in Kyiv, the Dutch Ministry of Foreign Affairs has announced. "Today,the Dutch embassy will reopen in Kyiv. Ambassador Jennes de Mol and a small team will work closely with the Ukrainian authorities and partner countries on the ground," the Foreign Ministry reported on Twitter. The department noted that the consular section of the embassy remains closed.
Economy
- The National Bank of Ukraine (NBU) records the adaptation and gradual recovery of the economy after its slide in the first weeks of the war, said the director of the department of monetary policy and economic analysis of the NBU Volodymyr Lepushynskyi. Among the main processes that indicate recovery, Lepushynskyy mentioned the almost halving of the number of enterprises that completely stopped their activity — from 32% to 17%, although 60% of enterprises are still operating below the pre-war level of workload.
- The first cargo of Ukrainian corn weighing 71,000 tons since the beginning of the Russian military invasion of Ukraine was sent by a class P vessel to the recipient from the Black Sea port of Constanta (Romania). According to its data, this port has already received about 80,000 tons of Ukrainian grain, the same amount is on the way to it.
- Ukraine will get 495 million euros in grant funds from Norway, Austria, and the United States (under one grant) through the World Bank Multi-Donor Trust Fund (MDTF), the Finance Ministry reported. The grant will be directed to the general fund of the state budget of Ukraine to ensure priority social, humanitarian, and health care costs, as well as the support for internally displaced persons.
Business
- The capital's market mall Darynok plans to resume work on 80% of its retail space in June, Andriy Fedorov, general director of City Capital Group, told Interfax-Ukraine. According to him, in February and March, the market mall did not stop working. At that time, separate anchor tenants, such as the Territory of Minimum Prices, pharmacies, and grocery stores, functioned. During May, it is planned to open about 11.5 square meters of retail space, and at the end of the month the preparatory work will be finished and Silpo and Сomfy will open their doors. In addition, the Fly Park children's entertainment center is being prepared to resume its work, and work is also underway to build a new large open-air food court. Darynok will work daily, from 10 am to 5 pm.
- Ukrhydroenergo has signed a memorandum of understanding with the German transnational company MAN Energy Solutions and the global supplier of equipment and services for the Andrytz Hydro HPP to develop and implement green hydrogen production projects in Ukraine, the company said. One of the promising projects of the company is "Introduction of modern technologies for the production of "green" hydrogen". It is aimed at increasing the stability and independence of the country's energy system through import substitution.
- The Cabinet of Ministers has expanded the state program Affordable loans 5-7-9% with the possibility of lending at 0% for enterprises in the field of passenger and cargo transportation, said Prime Minister Denys Shmyhal. In addition, the government has passed amendments, according to which the state program of financial leasing will now work under the same conditions as Affordable loans 5-7-9%.
Context.
- We have already reported about the updates in the chronicle of the world’s economic war against Russia as of April 29th.
- In addition, The Page covered the combat losses of the Russian invaders as of April 29, 2022.