Economy
Universities lack the funds to increase salaries: the Rada speaks of a crisis
The Verkhovna Rada Committee on Education, Science and Innovation has highlighted the financial risks facing higher education institutions following the increase in the basic salaries of academic and teaching staff. Parliament drew attention to the shortfall in the special fund for higher education institutions and the absence of a budget programme specification as of the date of consideration.
Russia could earn up to an additional $40 billion thanks to rising oil and commodity prices
The conflict surrounding Iran has led to a rise in global prices for energy and raw materials, generating additional revenue for Russia. This applies not only to oil, but also to gas, aluminium, grain and fertilisers.
The head of the Economic Security Bureau in Lviv Oblast has declared that he is renting accommodation from the owner of the market in Sykhiv
Mykhailo Borusovskyi, acting head of the Territorial Office of the Economic Security Bureau in Lviv Oblast, has submitted his declaration for 2025. The document states that he lives in a rented flat owned by the proprietor of a grocery market in Sykhiv.
Ukrainian businesses regained their optimism in March
Improvements in the energy situation and demand bolstered business activity last month, but shelling, inflation and labour shortages remain key risks.
The cost of living in April 2026: what the figures will be
In April 2026, the minimum cost of living in Ukraine will remain unchanged at the level set on 1 January. The minimum wage will also remain unchanged, whilst some of the other financial changes during the month will apply only to certain categories of citizens.
Your pension for the temporarily occupied territories may be suspended without verification: what to do
Pensioners residing in the temporarily occupied territories of Ukraine or who have left those areas for government-controlled territory must undergo physical identification and, in certain cases, also submit a declaration stating that they have not received payments from the Russian Federation. Failure to undergo identification constitutes grounds for the suspension of pension payments.
The largest aluminium producer in the Persian Gulf has halted production following Iran’s attacks
Emirates Global Aluminium has suspended operations at one of its plants following rocket and drone attacks. The incident has affected the market and led to a rise in aluminium prices.
Rosneft’s net profit fell by 73% in 2025
The Russian oil and gas company Rosneft, which is controlled by the Russian government, saw its net profit fall by 73% in 2025.
Gas imports to Ukraine have fallen to a record low due to high prices in the EU
From 1 April 2026, imports of natural gas from abroad fell to a low of 0.8 million cubic metres per day.
Payments of 1,500 hryvnias to Ukrainians have begun: who will receive the money and when
Payments of an additional 1,500 hryvnias – as targeted support for pensioners and vulnerable groups in Ukraine – will begin on 1 April 2026.
The Kirish oil refinery in Russia may partially resume operations within a month
One of Russia’s largest oil refineries may resume some production following a shutdown caused by a drone attack. The extent of the restart will depend on the resumption of port operations.
Ukrainians' debt to microfinance organisations has risen by a third
Ukrainians' debt to international financial institutions has reached almost 28 billion hryvnias due to an increase in the average loan size.
