Censor.NET reports quoting the RWB official website.
"Since the 2014 revolution, the Ukrainian authorities have adopted a number of reforms, including media ownership transparency and access to state-held information, but more is needed to loosen the oligarchs' tight grip on the media and encourage editorial independence," the report says.
The information war with Russia is still seen as a source of concern.
"In 2016, the authorities again proved powerless to protect media outlets from attacks such as journalist Pavel Sheremet's murder, the publication of the personal data of thousands of journalists accused of "treason," and an arson attack on Inter TV's headquarters," the organization said.
According to it, there are still no critical journalists or foreign observers in the lawless separatist-controlled areas in the east.
This year, Russia has retained its 148th position.
Norway is leading the ranking, having gone two pegs up in contrast with 2016.
Sweden has climbed to the second place and is followed by Finland, the past year's leader.