External financing of state budget as of June 14, 2023, USD bln
Source: Open4Business.com.ua and experts.news
Canada will provide Ukraine with 650 million Canadian dollars as part of a long-term assistance program for armored vehicles and special medical evacuation vehicles, Prime Minister Justin Trudeau said.
“I have made it clear that our government will help you as long as you need it… We will provide long-term assistance to Ukraine. We are talking about $650 million over three years. This is for armored vehicles and also for special sanitary evacuation vehicles that will be built in the province of Ontario,” he said in a speech to the Canadian Parliament on Friday.
Also, according to him, Canada will continue to provide economic assistance to Ukraine over the next year “to make Ukraine a powerful, dynamic and prosperous country.”
In addition, the prime minister said, Canada will send instructors for F-16s so that Ukraine can make the most of these aircraft. “But our greatest belief is that you will not need this military and financial assistance for a very long time and that peace will return to your country very soon,” he said.
At the same time, he emphasized that “there can be no wrong peace based on compromises with the aggressor.”
“In order to have a lasting peace, we must stand up to Putin. A lasting peace must clearly establish that borders must be respected, regardless of the size of the neighboring army. This peace must restore the right of Ukrainians to determine their future,” Trudeau said.
“What Putin has done is a break with civilization. It is a violation of our common humanity. It is an attempt to destroy the rule-based order that protects our freedom. It is a step toward weakening democracy and establishing autocracy. Putin rules through deception, violence and repression,” the Prime Minister said.
The Prime Minister of Canada also noted that Canada adheres to the principles of the Ukrainian Formula for Peace. “We believe that the world must respect the UN Charter, be based on international law and preserve the territorial integrity of Ukraine,” he concluded.
IDS Ukraine, the largest player in the country’s water market, increased sales of traditional products by 8.4% in March-July this year compared to the same period last year, the company told Interfax-Ukraine.
“Comparing this year’s and last year’s figures, we see an average monthly growth of 8.4% in March-July 2023 compared to the same period in 2022 – and this is without taking into account sales of our new products,” IDS Ukraine said without specifying absolute figures.
According to the company, it maintains its leadership in the market, where its share was about 40% before the war.
IDS Ukraine said it has recently increased its innovation activity and launched new products in related categories: mineral water energy drink Volya and Morshynska lemonade in three flavors: apple, orange and peach, and grapefruit, but did not specify their sales volumes.
As for exports, the company said that since the beginning of the war, it has focused on the domestic market, meeting humanitarian needs and creating reserves.
“Currently, we are only making test deliveries and analyzing sales, and a clear export strategy is still under development,” IDS Ukraine said.
Emphasizing the influence of brand reputation on consumer preferences, the company also announces charitable assistance worth UAH 230 million since the beginning of the war, cooperation with more than 200 charitable foundations and donations of products worth more than UAH 160 million.
IDS Ukraine is a Ukrainian group of companies founded in 1996, the largest national producer of bottled water. The holding includes Morshyn Mineral Water Plant Oscar, Myrhorod Mineral Water Plant, IDS distribution company and IDS Aqua Service, a water delivery operator.
The Group owns the Morshynska, Myrhorodska, Alaska and Aqua Life trademarks.
Polish President Andrzej Duda calls it a good decision to maintain the ban on the sale of Ukrainian grain on the Polish market, while announcing his intention to increase its transit through Poland to help Ukraine and countries that need this grain, the Presidential Office’s X (formerly Twitter) reported on Sunday.
“I believe it is the right decision that the Polish government has maintained the ban on the sale of Ukrainian grain on the Polish market. However, it is necessary to do everything possible to ensure that transit is as high as possible,” Duda said in a commentary to the Polish TV channel TVP1.
According to him, transit corridors have already been prepared in Poland, thanks to which Ukrainian grain can travel through the territory of Poland and be exported to where it is needed. “We are trying to help Ukraine and those countries that need this assistance,” the Polish President emphasized.
“Thanks to the work of our farmers, we are self-sufficient. We do not need grain from Ukraine. Their excellent harvests during the war almost did not reach the countries that really needed them,” Duda said.
Industrial production in Ukraine in the first half of 2023 decreased by 2.9%, while last year during this period the decline amounted to 31.9%, the State Statistics Service (Gosstat) has reported.
The agency specified that since March this year has been recorded growth in industrial production: after a jump of 51.2% in March, the recovery slowed to 18.2% in April, 17.9% in May and 13.7% in June.
At the same time, a 40% and 34.4% drop to pre-war January and February 2022, respectively, caused a generally negative result for the half-year.
State Statistics Service specifies that the data are given without taking into account the temporarily occupied territory of Crimea and Sevastopol, as well as part of the temporarily occupied territories in Donetsk and Luhansk regions.
By sector, the statistical office recorded the largest decline – 11.4% – in the supply of electricity, gas and steam in January-June this year, while in the extractive industry it amounted to 9.2%.
Metal ore mining fell the most – by 28.7%, while oil and gas – by only 2.7%, and in coal mining even recorded a slight increase of 0.8%.
In general, the production in the processing industry increased by 3.1% in the first half of the year.
This indicator was provided by the production of motor vehicles – 29.9%, machine building – 12.9%, food industry — 12.1%, production of furniture, repair and installation of machinery – 11.6%, production of rubber and plastic products – 6.5% and woodworking industry – 4%.
The biggest decline in the processing industry was shown by the production of coke and refined petroleum products – 51.4% and metallurgy – 20.9%.
In nominal terms, Ukraine in January-June 2023 realized industrial products (goods, services) worth 1549.66 billion UAH, which is 6.5% more than in January-June 2022 (1455.125 billion UAH), including outside the country – in the amount of 282.363 billion UAH.
According to its data, in June-2023 compared to June-2022, the turnover of realized mining and processing industry increased by 35%.
In the total sales of industrial products for the first six months of 2023, the largest specific weight came from the processing industry (56.2%), supply of electricity, gas, steam and conditioned air (31.3%), mining and quarrying (11.4%), and another 1.1% was water supply, sewerage and waste.
As reported, industrial production in Ukraine in 2022 fell by 36.9%, while in 2021 there was an increase of 1.9%.
Earlier, the research project Experts Club and Maxim Urakin released an analytical video about the economy of Ukraine and the world – the experts club and Maxim Urakin.
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Ukraine’s retail turnover in January-June 2023 in comparative prices increased by 7.3% against the same period of 2022, the State Statistics Service (Gosstat) said.
According to the statistical Department, in June this year recorded an increase in retail turnover to June last year by 23.3%, which is slightly less than the indicator in May, when it was 24.3%.
Gosstat specifies that the turnover of retail trade enterprises (legal entities) in the first half of 2023 increased in comparative prices in relation to the first half of 2022 by 4.9%.
Including in June 2023, the growth amounted to 19.1% compared to 20.7% in May.
According to the State Statistics Committee, in nominal terms, the turnover of retail trade in Ukraine in January-June 2023 amounted to UAH 820.9 billion, and retail trade enterprises – UAH 553.6 billion.
Gosstat reminds that the data are given without taking into account the territories temporarily occupied by Russia and part of the territories where hostilities are (were) conducted
As reported, in 2022, retail turnover in Ukraine fell by 21.4%.
