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Ukraine raises $500 million extra in revenue amid efforts to reassure partners
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Ukraine raises $500 million extra in revenue amid efforts to reassure partners

by Luca Léry Moffat

WASHINGTON — Ukraine collected $500 million more revenue than expected in the first three months of this year, the country’s Finance Minister Serhii Marchenko said, as Ukraine tries to better line its war coffers and reassure key partners. "Revenue mobilization is strong," Marchenko said at the U.S.-Ukraine Partnership Forum hosted by the U.S. Chamber of Commerce on April 15 in Washington D.C., where he spoke on a panel on financing Ukraine’s recovery. Big donors to Ukraine, including the Inte

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'Ukraine is becoming a global player' amid Iran war, European defense deals

Ukraine is riding high on a series of deals that promise to intertwine  its wartime defense-tech industry, now known for producing drones in high demand worldwide, with European arms makers. “The general idea is that we as an industry have to become part of a pan-European defense industry,” Ihor Fedirko, director of the Ukrainian Council of Defense Industry, a government-aligned trade association for Ukrainian weapons makers, told the Kyiv Independent. Fedirko, a former adviser to the now-shut

Moscow walks away with billions as Trump's Russian oil waiver expires

U.S. sanctions on Russian oil have resumed after the Trump administration allowed a temporary waiver on certain sales to expire on April 11, the Kyiv Independent has learned, ending a short-lived effort to stabilize markets during Washington's war against Iran. The waiver, introduced in March, came as the U.S. sought to increase available supply after the war rattled energy markets. The decision has drawn bipartisan criticism in Washington, particularly as Russia has supported Iran in the war

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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