The Verkhovna Rada of Ukraine has passed the draft state budget of Ukraine for 2020 at first reading.
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.
The energy systems of Ukraine and Russia are united historically and it is technically impossible to disconnect from Russia’s system now.
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.
The energy markets in Ukraine need to move closer to European ones and react to global trends.
The European Bank for Reconstruction and Development (EBRD) has already invested more than EUR 1 billion in the Ukrainian economy in the current year.
The Cabinet of Ministers has returned JSC Ukrzaliznytsia to the subordination of the Infrastructure Ministry.
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.
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.
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.
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.
The talks with the International Monetary Fund on a new long-term cooperation program for Ukraine are ongoing.
Ukrainian companies anticipate further economic growth in the next 12 months and a decline in inflation rate up to 6.9% in annual terms.
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.