NBU purchased $858M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $858.3 million on the interbank foreign exchange market last week, Ukrinform reports, referring to data provided by the central bank.
Economy - Latest news
15 November 2021
PM Shmyhal: Almost UAH 2B invested in Ukraine's oil and gas industry
According to preliminary estimates, at least UAH 1.9 billion will be invested in the oil and gas industry under two production sharing agreements within Hrunivska and Okhtyrska fields.
Ukrainian banking sector profitability exceeded pre-crisis level of 2019
In July-September 2021, the Ukrainian banking sector profitability exceeded the pre-crisis level of 2019 and amounted to UAH 21.3 billion.
NBU provides UAH 60M in refinancing to two banks
The National Bank of Ukraine (NBU) provided UAH 60 million in refinancing to two banks, Ukrinform reports, referring to the central bank’s press service.
Business received UAH 70B under Affordable Loans program – Shmyhal
Under the government’s program “Affordable Loans at 5-7-9%", banks have issued loans worth more than UAH 70 billion to almost 25,000 businesses.
13 November 2021
Antonov Company to participate in Dubai Air Show 2021
The state-run Antonov Company will take part in the international fair Dubai Air Show 2021 on November 14-15.
All alcohol and tobacco products grew in price in Ukraine
From October 2020 to October 2021, beer, wine, vodka and cigarettes in Ukraine grew in price, according to the State Statistics Service.
12 November 2021
Antonov signs five-year contract with NATO, EU for use of company's aircraft
Ukraine's Antonov Company has signed a contract under the Strategic Airlift Interim Solution (SALIS) initiative, which gives NATO and EU countries the right to use the company's aircraft for emergency delivery of cargo in crisis situations for the next five years.
Prices of all types of motor fuel significantly increased over past year
From October 2020 to October 2021, all types of motor fuel grew in price in Ukraine, according to the State Statistics Service.
IMF to decide on next tranche for Ukraine on Nov 22
The Executive Board of the International Monetary Fund (IMF) plans to consider the issue of the First Review under the Stand-by Arrangement for Ukraine on November 22.
Growth rates of loans to households exceeded pre-crisis level - NBU
In July-September 2021, the Ukrainian banking sector significantly accelerated growth in lending on a year-on-year basis, most notably in the corporate and mortgage segments.
Ukraine’s steel production up 5.5% - Ukrmetalurgprom
In January-October 2021, Ukraine’s steel production grew by 5.5% compared with the same period last year, Ukrinform reports.
Ukraine in talks with Qatar on LNG supplies
Ukraine is in talks with Qatar on the direct supply of liquefied natural gas, according to Ukraine's Deputy Energy Minister Maksym Nemchynov.
Zelensky signs law on energy efficiency
President of Ukraine Volodymyr Zelensky has signed the law "On Energy Efficiency", which was adopted by Parliament on October 21, 2021.
Shmyhal: Ukraine has enough energy resources for heating season
Ukraine has enough energy resources to pass through the heating season of 2021-2022, Prime Minister Denys Shmyhal has said.
11 November 2021
PM Shmyhal meets with representatives of Austrian business
The Government of Ukraine appreciates practical contribution of Austria and the business of this country to the development of the Ukrainian economy.
Deposit Guarantee Fund: UAH 269.4M transferred to insolvent banks’ accounts in Oct
In October 2021, inflows of funds to banks being under liquidation amounted to UAH 269.4 million, of which UAH 145.4 million came from the sale of assets through electronic auctions, according to the press service of the Deposit Guarantee Fund of Ukraine.
UNDP, Energy Saving Agency sign memorandum of cooperation
The United Nations Development Programme (UNDP) and Ukraine’s State Agency on Energy Efficiency and Energy Saving (SAEE) have signed a memorandum of cooperation in the field of developing the ‘green’ financing market and enhancing energy efficiency in Ukraine.
Ukreximbank’s profit exceeds UAH 2B in Jan-Oct 2021
JSC Ukreximbank generated UAH 2.05 billion in profit in January-October 2021, Ukrinform reports, referring to the bank’s press service.
Gazprom returns to shipping contractual volumes of gas – Gas TSO of Ukraine
Russia's gas monopoly Gazprom has booked no additional transit volumes of gas to transit via Ukraine, simply returning to the earlier-contracted daily transmission volumes of 109 million cubic meters.
Consumer inflation in Oct exceeds NBU forecast
Consumer inflation in October 2021 slowed to 10.9% year on year, while remaining above the National Bank's forecast.
10 November 2021
Government resumes work of Energy Company of Ukraine – PM Shmyhal
The Cabinet of Ministers of Ukraine has approved a decision to start establishing a vertically integrated company with the participation of the state-owned company Centerenergo.
Average monthly salary in agricultural sector grew by 18%
In January-September 2021, the average monthly salary in the Ukrainian agricultural sector grew by 18% compared to the same period last year, according to the Ministry of Agrarian Policy and Food.
Ukraine to develop public-private partnership projects with IFC
The Cabinet of Ministers and the International Finance Corporation will develop public-private partnership projects in Ukraine, according to the Ukrainian government's website.
09 November 2021
Zelensky takes a ride on new Ukrainian-made diesel train
Ukrainian President Volodymyr Zelensky has inspected the DPKr-3 regional diesel train, which was built this year at PJSC Kryukiv Railway Car Building Works, the President's Office has reported.
U.S. senators initiate new sanctions against Nord Stream 2 operator
Six U.S. senators have introduced an amendment to the country's FY2022 National Defense Authorization Act, which imposes sanctions on Nord Stream 2 AG, the operator of the gas pipeline project.
Thirteen regions completed winter sowing campaign
As of November 8, Ukrainian farmers sown 7.3 million hectares with winter crops, which is 94% of the projected area, Ukrinform reports with a reference to the Ministry of Agrarian Policy and Food of Ukraine.
SkyUp announces flights to Tel Aviv from Kyiv and Odesa
The Ukrainian airline SkyUp Airlines will launch flights to Tel Aviv from Kyiv in November and from Odesa in December 2021.
Ukrzaliznytsia saves UAH 4B on purchases of electricity from state supplier - Zelensky
JSC Ukrzaliznytsia saves UAH 4 billion on the direct purchases of electricity from the state supplier.
State budget deficit in 2021 expected at nearly UAH 170B - KSE forecast
In 2021, the state budget deficit in terms of its general fund will stand at about UAH 170 billion with the year’s target of UAH 220 billion.