Verkhovna Rada passes draft state budget for 2020 at first reading
The Verkhovna Rada of Ukraine has passed the draft state budget of Ukraine for 2020 at first reading.
Economy
Government proposes reducing 2019 budget revenues by UAH 20.4 bln – Finance Ministry
The Ukrainian government has proposed that the parliament introduce amendments to the state budget for 2019, envisaging a UAH 20.4 billion decrease in revenues, given a stronger-than-expected exchange rate of the hryvnia to the U.S. dollar and the euro, the press service of the Ukrainian Finance Ministry has reported.
Ukraine’s Government: Currently impossible to disconnect from Russian energy system
The energy systems of Ukraine and Russia are united historically and it is technically impossible to disconnect from Russia’s system now.
Deposit Guarantee Fund returns UAH 47 mln to bankrupt banks' depositors in September
The Deposit Guarantee Fund paid off almost UAH 47.3 million to depositors of insolvent banks in September 2019, according to the Fund’s press service.
Deputy minister: Energy markets in Ukraine should react to global trends
The energy markets in Ukraine need to move closer to European ones and react to global trends.
EBRD invested over EUR 1 bln in Ukrainian economy this year – Finance Ministry
The European Bank for Reconstruction and Development (EBRD) has already invested more than EUR 1 billion in the Ukrainian economy in the current year.
Government returns Ukrzaliznytsia to subordination of Infrastructure Ministry
The Cabinet of Ministers has returned JSC Ukrzaliznytsia to the subordination of the Infrastructure Ministry.
NBU strengthens hryvnia
The National Bank of Ukraine (NBU) has strengthened the official exchange rate of the hryvnia by ten kopecks to UAH 24.7339 per U.S. dollar from UAH 24.8352 per U.S. dollar on Thursday, October 17.
17.10.2019
Ukraine, Moldova hold consultations on environmental fee
The delegation of the Economic Development, Trade and Agriculture of Ukraine led by Deputy Minister - Trade Representative of Ukraine Taras Kachka made a working visit to Moldova to hold bilateral consultations on charging environmental fee.
Hryvnia strengthening reduced public debt by over UAH 100 bln - Accounting Chamber
The strengthening of the national currency of Ukraine has helped reduce the total amount of public and publicly guaranteed debt by more than UAH 100 billion, Head of the Accounting Chamber Valeriy Patskan has said.
Minister Mylovanov forecasts economic growth of up to 4.8% in 2020
Economic Development, Trade and Agriculture Minister of Ukraine Tymofiy Mylovanov believes it is quite possible to achieve 4.8% economic growth in 2020 if the government program is implemented and the business climate is improved.
NBU governor: Talks with IMF on new program for Ukraine ongoing
The talks with the International Monetary Fund on a new long-term cooperation program for Ukraine are ongoing.
Business expects further economic growth, decline in inflation rate – NBU survey
Ukrainian companies anticipate further economic growth in the next 12 months and a decline in inflation rate up to 6.9% in annual terms.
Number of registered unemployed Ukrainians decreased by quarter
In January-September 2019, the number of registered unemployed people in Ukraine decreased by 26.4%, the State Statistics Service reported with reference to the data provided by the State Employment Service.