Businesses downgrade their performance expectations - NBU
In November 2021, businesses worsened their expectations for their performance and business prospects
Economy - Latest news
02 December 2021
State budget’s general fund received UAH 984.3B since year-start - Finance Ministry
In January-November 2021, the general fund of the state budget received UAH 984.3 billion, which is 104.4% of the target for this period, Ukrinform reports with reference to the Finance Ministry’s press service.
Ukraine implementing 8 projects worth EUR 1.7B in cooperation with EBRD
Ukraine is implementing eight projects worth a total of EUR 1.7 billion in cooperation with the European Bank for Reconstruction and Development (EBRD), Ukrinform reports, referring to the Finance Ministry’s press service.
01 December 2021
PM Shmyhal: Ukraine expects to take part in future EU’s investments for Eastern Partnership countries
The prospect of a "new Eastern Partnership" is EUR 17 billion, which the European Union will allocate in the next 7 years, in particular for Ukraine.
Naftogaz joins European Clean Hydrogen Alliance
Ukraine's state energy firm Naftogaz has joined the European Clean Hydrogen Alliance, the company's press service has said.
Energoatom, France's Framatome discuss prospects for cooperation
Ukraine's National Nuclear Energy Generating Company Energoatom and France's Framatome have held a meeting as part of the World Nuclear Exhibition (WNE) 2021, during which they discussed prospects for cooperation in the field of nuclear energy and hydrogen production, Energoatom's press service has said.
President: Airports being built in 16 Ukrainian cities
President Volodymyr Zelensky announced that airports are currently being built in 16 Ukrainian cities.
Shmyhal, Sefcovic discuss strengthening energy security
Prime Minister of Ukraine Denys Shmyhal and Vice President of the European Commission Maros Sefcovic have discussed strategic partnership in the raw materials sector and the issue of strengthening energy security.
Ukraine, Cyprus interested in expanding cooperation in tourism sector
Deputy Minister for Foreign Affairs of Ukraine Mykola Tochytskyi met with Ambassador of Cyprus to Ukraine Louis Telemaсhou on November 30, 2021.
Ukrainian miners extracted 2.5M tonnes of coal in November
In November 2021, Ukrainian mining enterprises produced 2.49 million tonnes of coal, which is 7% higher than the production plan, Ukrinform reports, referring to the Coal Miners Union of Ukraine.
Share of NPLs in banking sector decreased to 32.7% - NBU
As of November 1, 2021, in the Ukrainian banking sector, the share of non-performing loans (NPL) decreased to 32.7% against 33.3% on October 1, the press service of the National Bank of Ukraine (NBU) wrote on Telegram.
Zelensky: Average monthly salary of Ukrainians exceeded $500 this year
President of Ukraine Volodymyr Zelensky has stated that this year, for the first time in the past 30 years, the average monthly salary of Ukrainians in U.S. dollar terms exceeded $500.
Zelensky: We managed to maintain stability in energy sector
President Volodymyr Zelensky has stated that despite unfavorable conditions, Ukraine has managed to maintain stability in the energy sector and curb the growth of tariffs for housing and utility services.
Zelensky to submit bill on economic passport of Ukrainian to parliament
Ukrainian President Volodymyr Zelensky will table in the Verkhovna Rada a bill on the economic passport of a Ukrainian by December 10.
Senik, Australian ambassador discuss cooperation between two countries
Deputy Minister for Foreign Affairs of Ukraine Dmytro Senik discussed with Ambassador of Australia to Ukraine Bruce Edwards the assistance for Ukrainian companies entering the Australian market, Ukrinform reports, referring to the Ukrainian ministry’s press service.
Ukraine's GDP will reach record level this year - Zelensky
Ukraine's gross domestic product (GDP) in 2021 will exceed $190 billion, which in U.S. dollars is the highest figure since the country gained independence, President Volodymyr Zelensky has said.
Ukraine, France sign contract to build five ships in Mykolaiv
Ukraine and France have signed a contract for the construction of five ships for the Ukrainian State Border Guard Service, the Ukrainian Interior Ministry's liaisons department has said.
Government approves draft law on state budget for 2022 before second reading
The Cabinet of Ministers has approved draft law No.6000 “On the State Budget of Ukraine for 2022”, prepared for the second reading, according to Taras Melnychuk, a representative of the government in the Verkhovna Rada of Ukraine.
30 November 2021
Republic of Korea identifies Ukraine as priority country for providing technical assistance
The Republic of Korea has identified Ukraine as a priority country for providing technical assistance over the next five years.
Coal reserves: Some 116,000 t available at Centrenergo warehouses
As of the morning of November 30, there is 116,000 tonnes of coal in the warehouses of the combined heat and power plants run by PJSC Centrenergo, while for the whole heating season, the company needs 1.671 million tonnes.
Ukrnafta paid almost UAH 11.5B in taxes in Jan-Oct 2021
PJSC Ukrnafta paid UAH 11.45 billion in taxes to the budgets of all levels in January-October 2021, Ukrinform reports, referring to the company’s press service.
Hryvnia may weaken in December – expert
If the risks of military conflict do not decrease, the dollar may trade in the range of UAH 27.8-28.3 by the end of December, the euro - in the range of UAH 30.5-31.1, Vadym Iosub, a senior analyst at Alpari analytical company, told Ukrinform.
Ukraine to conduct census in cooperation with Apple – Zelensky
Ukraine will conduct a population census in cooperation with Apple.
Vereshchuk: Donetsk, Luhansk regions should become territories of priority development
Donetsk and Luhansk regions should become territories of priority development.
Investment, “state in smartphone”: Zelensky meets with members of American Chamber of Commerce in Ukraine
President Volodymyr Zelensky of Ukraine met with the management of large international companies that are among the major investors in Ukraine’s economy, as well as Ukrainian firms that have been able to extend their business to the international level.
Naftogaz doubled payments to budget in Q3 2021
In July-September 2021, Naftogaz Group paid UAH 28.4 billion in taxes to the state budget, which is 2.3 times more than in the third quarter of 2020, Ukrinform reports referring to the press service of Naftogaz.
Ukraine’s electricity imports grew by 51.9% last week - Ukrenergo
Ukraine’s electricity exports increased by 59.7% to 49.7 million kWh last week, compared with the week of November 15-21, imports grew by 51.9% to 77.3 million kWh, Ukrinform reports, referring to the press service of NPC Ukrenergo.
Wage arrears in Ukraine exceed UAH 4B – statistics service
As of November 1, 2021, salary arrears in Ukraine reached UAH 4,007.4 million, which is almost unchanged compared to the previous month, Ukrinform reports, referring to the State Statistics Service.
Russia not in talks on renewal of gas transit deal after 2024 - Naftogaz
Russia may not extend the agreement on natural gas transit to the European Union after 2024, according to Yuriy Vitrenko, head of Ukraine's state energy firm Naftogaz.
29 November 2021
NBU sold $630.1M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) sold $630.1 million on the interbank foreign exchange market last week, Ukrinform reports, referring to data provided by the central bank.