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Saturday, 28 November 2020, 06:56
Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko and U.S. Charge d'Affaires a.i. in Ukraine Kristina Kvien discussed reforming corporate governance in state-owned banks, continuing cooperation with international partners, in particular the IMF, as well as strengthening cooperation between Ukraine and the U.S.
The Verkhovna Rada of Ukraine has passed a law on ratification of the Memorandum of Understanding between Ukraine and the European Union and the Loan Agreement between Ukraine and the EU on the provision of EUR 1.2 billion macro-financial assistance from the European Union.
The Verkhovna Rada, Ukraine's parliament, has adopted the law "On the Ratification of the Financial Agreement 'European Roads Ukraine III (Trans-European Transport Network Development Project) between Ukraine and the European Investment Bank'."
Ukrainian Prime Minister Denys Shmyhal and German Federal Foreign Minister Heiko Maas discussed energy cooperation, the Common Aviation Area (ECAA) Agreement between Ukraine and the EU, and the holding of the fourth Ukrainian-German Economic Forum in Berlin.
22 August 2020
IMF Resident Representative in Ukraine Goesta Ljungman has stated that the Fund intends to continue cooperation with Ukraine under the Stand-by Arrangement, Hromadske reports.
21 August 2020
President of Ukraine Volodymyr Zelensky supported the initiative for construction of a bypass road in Vitovsky district and Korabelny district of Mykolaiv city.
The Antimonopoly Committee of Ukraine (AMCU) has granted permission to the French company SAS Investcompagnie to acquire agricultural enterprises in Chernihiv and Zhytomyr regions.
President of Ukraine Volodymyr Zelensky, who is on a working trip to Mykolaiv region, got acquainted with the completion of the overhaul of the state road H-14 Oleksandrivka - Kropyvnytskyi - Mykolaiv, restored within the framework of the Great Construction national program.
In 2021, Ukraine’s economy will resume growth, while inflation will remain moderate.
Minister of Environmental Protection and Natural Resources of Ukraine Roman Abramovsky and Ambassador Extraordinary and Plenipotentiary of Moldova to Ukraine Ruslan Bolbocean discussed the current situation in the Dniester River basin and the preparation for the 3d meeting of the Dniester Commission.
Ukraine’s budget deficit is currently about UAH 300 billion, but the figure is moderate and absolutely feasible for the budget, there is no cash gap.
The Cabinet of Ministers plans to appoint a new Ukrzaliznytsia chairman next week, Ukrainian Prime Minister Denys Shmyhal has said in an interview with Ukrinform.
UAH 24.4 billion worth of budget funds have already been allocated to prevent the spread of coronavirus disease, Ukraine's Deputy Finance Minister Roman Yermolychev has said.
20 August 2020
Ukraine is interested in concluding a comprehensive free trade agreement (FTA) with Turkey, which will help expand access to markets for goods and services.
Inflation in Ukraine should be single-digit for the successful development of the country, the press service of the National Bank of Ukraine (NBU) has reported on Facebook.
The implementation of the agreement on concession of the specialized Olvia seaport, signed today, will help attract UAH 3.4 billion in investment.
Investors from Norway and Austria plan to build a computer data center in Zaporizhzhia region, which will become one of the largest in Europe, and capacities for electrolytic hydrogen production.
19 August 2020
NJSC Naftogaz of Ukraine has decided to accelerate the growth of hydrocarbon production at the Alam El Shawish East area in Egypt's Western Desert, as well as the implementation of major infrastructure projects, the company's press service has reported.
Ukraine’s Ambassador to Qatar Andrii Kuzmenko held a meeting with Minister of Transport and Communications of the State of Qatar H.E. Jassim Al Sulaiti.
The Cabinet of Ministers has dismissed Ihor Muratov as head of the State Customs Service of Ukraine.
The Cabinet of Ministers of Ukraine intends to additionally allocate UAH 117 million for the reconstruction of a runway at Odesa International Airport.
The Ministry of Economic Development, Trade and Agriculture of Ukraine has downgraded the 2020 grain harvest forecast from 72.1 million tonnes to about 70 million tonnes, the ministry's press service has said.
Ukrainian President Volodymyr Zelensky has appointed Olha Muzychenko as state commissioner of the Antimonopoly Committee.
President of Ukraine Volodymyr Zelensky inspected the M-18 Kharkiv-Simferopol-Alushta-Yalta highway, noting that about 500 km of roads will be built in Ukraine by the end of the year.
President of Ukraine Volodymyr Zelensky inspected the M-18 Kharkiv-Simferopol-Alushta-Yalta highway, noting that about 500 km of roads will be built in Ukraine by the end of the year.
Over the past month, 98 Ukrainian officials were held criminally liable and another 505 persons were held administratively liable for corruption.
Ukrainian President Volodymyr Zelensky and Acting President of the European Bank for Reconstruction and Development Jurgen Rigterink have discussed by phone the preparation of a joint project between Ukraine and the EBRD and assessed the ongoing implementation of projects, the press service of the head of state has reported.
18 August 2020
Ukrainian Health Minister Maksym Stepanov and World Bank Country Director for Belarus, Moldova, and Ukraine Arup Banerji discussed prospects for cooperation in implementing projects in the healthcare sector, combating COVID-19 and creating conditions for public-private partnerships.
Ukraine's state budget revenues fell UAH 38 billion short of the target for the first half of 2020, whereas state budget expenditures fell UAH 51 billion short of the target, Chairman of the Accounting Chamber of Ukraine Valeriy Patskan has said on Facebook.
The Cabinet of Ministers of Ukraine has approved the attraction of loans worth EUR 250 million from Cargill Financial Services International, Inc. in 2020.
The Hungarian low-cost airline Wizz Air has begun operating flights from Lviv to Milan and Rome, according to the press service of Lviv Danylo Halytskyi International Airport.
17 August 2020
A total of 207 new loan agreements worth UAH 666 million were concluded last week within the framework of the state program "Affordable Loans at 5-7-9%".
The reduction in the discount rate in Ukraine to 6% has not yet been fully reflected in the rates on deposits and loans, Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko has said in an interview with RBC-Ukraine.
In January-June 2020, Ukraine imported tobacco and tobacco products to the tune of $243 million, up 18% compared to the same period in 2019.
The National Bank of Ukraine (NBU) expects to receive the second tranche from the International Monetary Fund (IMF) by the end of 2020.
The Cabinet of Ministers of Ukraine has terminated an agreement with the Government of the Russian Federation on the mutual establishment of trade missions, which was in force since October 1992.
Ukraine's Deposit Guarantee Fund paid UAH 26.8 million in guaranteed compensation to depositors of insolvent banks in July 2020, the fund's press service has reported.
Prime Minister Denys Shmyhal stated that Ukraine’s economy began to recover in the third quarter of this year.
15 August 2020
Ukraine harvested 36.7 million tonnes of grain and leguminous crops from an area of 9.3 million hectares (61% of the forecast) as of August 13, according to the Ministry for Economic Development, Trade and Agriculture.
President of Ukraine Volodymyr Zelensky signed a decree, No.322/2020, "On changes in the composition of the National Investment Council," his press service has reported.
14 August 2020
The gross domestic product (GDP) of Ukraine in the second quarter of 2020 decreased by 11.4% compared to the second quarter of 2019, according to data provided by the State Statistics Service.
During a telephone conversation with President of Ukraine Zelensky, Israel’s Prime Minister Netanyahu said that Israel would complete the ratification of the free trade agreement with Ukraine soon.
Air services between Ukraine and Kazakhstan will be resumed on August 17 after a temporary suspension caused by coronavirus lockdown measures, Ukrainian Infrastructure Minister Vladyslav Kryklii has said.
In January-July 2020, Ukraine's trade turnover with countries of the world amounted to USD 55.48 billion.
The Ministry of Economic Development, Trade, and Agriculture has published a forecast of economic and social development of Ukraine for 2021-2023, approved on July 29, 2020.
Raising minimum wage will facilitate bigger incomes of public sector employees - teachers, doctors, social workers - as their salaries are calculated using the unified wage scale pegged to the minimum wage.
The Ukrainian Finance Ministry sees no prerequisites for the exchange rate of UAH 30 per U.S. dollar but, at the same time, it sees no tools to influence the exchange rate to move in this direction, Finance Minister Serhiy Marchenko has said in an interview with the Focus weekly news magazine.
Deputy Foreign Minister of Ukraine Dmytro Senik and Ambassador of the UAE to Ukraine Eng. Salem Ahmed Al-Kaabi discussed economic cooperation between the countries.
13 August 2020
Aircraft construction should become a symbol of the revival of the Ukrainian industry, and a working group will be set up in Ukraine to develop this industry, according to Prime Minister Denys Shmyhal.
Firefly Aerospace is preparing for the first launch of the Ukrainian-American Alpha rocket, which is scheduled for late October or early November this year, according to Space.com.
Ukraine and the United Kingdom have agreed to cooperate and share experiences in measures of governments and central banks to counter the coronavirus pandemic.
Minister of Economic Development, Trade, and Agriculture of Ukraine Ihor Petrashko has said that the state-owned enterprises, which are strategically important for the country, will not be subject to privatization.
President Volodymyr Zelensky has signed the Law "On Amendments to Certain Legislative Acts of Ukraine to Facilitate the Attraction of Investments and the Introduction of New Financial Instruments."
12 August 2020
In the first half of 2020, Ukraine imported fruits and berries worth USD 341 million, which is 23% more than in the same period last year, according to the National Scientific Center “Institute of Agrarian Economy” (IAE).
The Cabinet of Ministers of Ukraine has adopted a draft resolution "On approval of the program to reform and develop spirits industry for 2020-2023."
The Cabinet of Ministers has allocated UAH 1.1 billion in state subventions for the reconstruction of social infrastructure facilities in the regions where the biggest communities of internally displaced persons live.
Only 300 out of more than 3,000 state-owned enterprises are to remain in state management, while others will be subject to privatization, Ukrainian Prime Minister Denys Shmyhal has said.
In July, Ukraine’s airline SkyUp Airlines resumed 50% of its pre-coronavirus operating activities, according to the airline's press service.
The Ministry of Infrastructure of Ukraine is currently drafting the aviation strategy and plans to complete it by the end of autumn.