President signs off State Budget 2022
President Volodymyr Zelensky has signed into law the bill on the State Budget of Ukraine for 2022.
Economy
11 December 2021
Ukraine gets EUR 50M loan from EIB to buy COVID-19 vaccines
Ukraine has received from the European Investment Bank EUR 50 million to procure vaccines against COVID-19.
10 December 2021
Galushchenko: Ukraine’s presidency of Energy Community will strengthen energy security
Ukraine views the Energy Community presidency as a tool to strengthen the energy security of the entire European continent.
New business ombudsman appointed in Ukraine
From January 1, 2022, Roman Waschuk will hold the position of Business Ombudsman.
Naftogaz reports 3.9-fold reduction in losses
In January-September 2021, Naftogaz of Ukraine, the country’s main oil and gas company, reduced its loss by 74.4%, to UAH 4.366 billion year-on-year.
Turkish regions invite Ukrainian entrepreneurs to cooperate
Turkish regions of Kütahya, Eskişehir and Afyonkarahisar invite Ukrainian entrepreneurs and business representatives to cooperate.
Air traffic over Ukraine in Nov reaches 87% of pre-crisis figure - UkSATSE
In November 2021, the State Enterprise for Air Traffic Services of Ukraine (UkSATSE) rendered air navigation services to 19,942 flights operated by Ukrainian and foreign air carriers, performed in the country’s airspace, which amounts to 87.2% of pre-crisis November 2019's number.
09 December 2021
NBU: Foreign direct investment to reach $6.5 B by year-end
The National Bank expects that the inflow of foreign direct investment in Ukraine in 2021 will amount to $6.5 billion.
Kuleba invites British business to actively invest in Ukrainian economy
Minister of Foreign Affairs of Ukraine Dmytro Kuleba invited British business to actively invest in priority areas of the Ukrainian economy: IT, finance, agriculture, infrastructure, tourism.
Government approves medium-term strategy for public debt management until 2024
The Cabinet of Ministers has approved a medium-term strategy for public debt management for 2021-2024.
Prosecutor General, IMF discuss recovery of stolen assets
Prosecutor General of Ukraine Iryna Venediktova discussed cooperation in asset recovery with representatives of the International Monetary Fund.
NBU raises main interest rate to 9%
The National Bank of Ukraine has decided to raise its main interest rate to 9%.
Klitschko: Draft budget 2022 sees over UAH 69B revenue target
Kyiv’s draft budget for 2022 lays down a revenue target of over UAH 69 billion (nearly $2.6 billion).
PM Shmyhal: Ukraine has received UAH 8.1B from privatization over two years
Ukraine has received UAH 8.1 billion from privatization in 2020-2021.
FM Kuleba: Ukraine, Britain oppose Nord Stream 2
Minister of Foreign Affairs of Ukraine Dmytro Kuleba held bilateral talks with UK Secretary of State for Foreign, Commonwealth and Development Affairs Liz Truss during his visit to London on December 8.
08 December 2021
Zelensky signs law allocating UAH 8B to fully vaccinated Ukrainians
Ukrainian President Volodymyr Zelensky has signed a law providing for the allocation of UAH 8 billion from Ukraine's state budget for 2021 to pay UAH 1,000 to all Ukrainians who were fully vaccinated against COVID-19, according to the parliament's website.
Croatian Tourism Office in Ukraine to help boost tourist flows - Zelensky
The opening of a Croatian Tourism Office in Ukraine will help increase tourist flows between the two countries.
Galushchenko, Kvien discuss Ukraine's energy security
Minister of Energy of Ukraine German Galushchenko held a meeting with Chargé d'Affaires of the United States in Ukraine Kristina Kvien.
Vueling starts operating flights from Ukraine
Spanish low cost airline Vueling Airlines has launched Paris–Kyiv scheduled flights.
Ukraine initiates cooperation in agriculture with Oman
The Ministry of Foreign Affairs of Ukraine initiates cooperation in agriculture with the Sultanate of Oman.
07 December 2021
State-owned banks report UAH 11.6B profit in Q3 2021 – Ukraine’s finance ministry
In the third quarter of 2021, state-owned banks sealed a profit of UAH 11.6 billion (nearly US$424,4 million), 7.6% more against the previous quarter.
Gas transit volume up 16% in Nov – Gas TSO of Ukraine
Compared with October, natural gas transit through the Ukrainian gas transmission system to European countries in November increased by 16%, to 3.049 billion cubic meters.
Energy Ministry: Cooperation with E5P allows raising EUR 137.5M for energy efficiency
The Ministry of Energy of Ukraine states that the second phase of cooperation with the Eastern Europe Energy Efficiency and Environment Partnership (E5P) will help Ukraine attract EUR 137.5 million for energy efficiency projects.
Moldova’s Parliament ratifies amendments to free trade agreement with Ukraine
The Parliament of Moldova ratified a protocol amending Moldova–Ukraine free trade agreement.
Ministry of Foreign Affairs presents Ukraine’s economic potential in Oman
Deputy Minister of Foreign Affairs of Ukraine (CDTO) Dmytro Senik presented the economic potential of Ukraine to the leadership of the Oman Chamber of Commerce and Industry.
06 December 2021
Zelensky submits bill on economic passport to Parliament
President Volodymyr Zelensky has submitted a bill on the economic passport to the Verkhovna Rada of Ukraine as evidenced by the data on the Parliament’s website.
Parliament’s committee recommends dismissing Sennychenko as State Property Fund head
The Verkhovna Rada Committee on Economic Development recommends that the Parliament dismiss Dmytro Sennychenko from the post of head of the State Property Fund of Ukraine.
Ukraine’s steel production up 5% - Ukrmetalurgprom
In January-November 2021, Ukraine’s steel production grew by 5.0% compared with the same period last year, Ukrinform reports, referring to Ukrmetalurgprom.
Ukrzaliznytsia transported a record volume of grain in November
In November 2021, JSC Ukrzaliznytsia transported 4.1 million tonnes of grain cargo, which is a record-breaking result per month, Ukrinform reports, referring to the company’s press service.