Zelensky announces establishment of Ukrainian National Airlines
Ukrainian President Volodymyr Zelensky has announced the establishment of a new state airline that will be called Ukrainian National Airlines (UNA).
Economy
Ukraine's Bureau for Economic Security will start operating by end-Dec – memo with IMF
Ukraine's Bureau for Economic Security will become operational by the end of December 2021.
IMF downgrades forecast for Ukraine's GDP growth by 0.3% in 2021
The International Monetary Fund (IMF) has downgraded Ukraine's real GDP growth forecast by 0.3% in 2021 compared to its previous forecast released in October, according to a report published by the Fund following the review under the Stand-By Arrangement for Ukraine, Ukrinform reports.
Venediktova meets with World Bank delegation
Prosecutor General of Ukraine Iryna Venediktova and representatives of the World Bank have discussed the cooperation in the field of returning assets illegally withdrawn from Ukraine and the fight against corruption.
Ukraine vows to fulfill 12 conditions to receive next IMF tranches
The Government of Ukraine has committed to implementing 12 major “structural benchmarks” to receive IMF funding within the current Stand-By Arrangement, which the Fund extended until June 2022.
24 November 2021
Ukraine gets $699M as second tranche from IMF – NBU governor
Ukraine has received the second tranche from the International Monetary Fund under the Stand-By Arrangement in the amount of SDR 500 million (equivalent to $699 million).
Government approves draft agreement on raising funds for energy efficiency measures
The Cabinet of Ministers has approved a draft loan agreement (EUR 25.5 million) and a grant (EUR 1 million) between the Government of Ukraine and the German state-owned development bank KfW (Kreditanstalt für Wiederaufbau) for the implementation of energy efficiency measures.
Investors are ready to pour money into Ukrainian sustainable business – UBTA
International investors are ready to pour money into the sustainable business but the market for "green" financing in Ukraine is still being formed.
Stefanishyna: Ukraine supported number of international initiatives at COP26
During the COP26 UN Climate Change Conference in Glasgow, Ukraine supported a number of international initiatives, which will help implement the second Nationally Determined Contribution (NDC2).
Energy efficiency program to become part of Great Construction - Shmyhal
Next year the Great Construction project will include a program on raising energy efficiency, Prime Minister Denys Shmyhal has said.
Denisova calls on world to condemn Putin's decree on 'Russian' goods from Donbas
Verkhovna Rada Human Rights Commissioner Liudmyla Denisova has called on the international community to condemn a decree by Russian President Vladimir Putin to provide "humanitarian support" to the population of certain districts of Donetsk and Luhansk regions.
Ukraine mulls compensation to domestic air carriers for evacuation flights
The Ministry of Infrastructure of Ukraine has submitted to the Cabinet of Ministers a draft resolution offering UAH 104 million in compensation for the evacuation flights performed during the period of the COVID-19 pandemic in 2020.
Ukraine suggests expanding EBRD support for green transformation projects
Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna discussed the expansion of EBRD's support for green transformation projects with a delegation of the European Bank for Reconstruction and Development.
Ukraine can move to practical talks on ACAA agreement with EU next year - Kachka
Ukraine is in intensive contact with the EU in terms of assessing the country's regulatory and organizational readiness for an Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA) so Ukraine can move to practical talks with the EU on the parameters of the future agreement next year.
Ukroboronprom approves projects on two programs
The Board of Directors of Ukraine’s State Concern Ukroboronprom has approved projects on two programs: import substitution and energy efficiency, Ukrinform reports referring to the concern’s press service.
U.S. imposes further sanctions over Nord Stream 2
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has officially confirmed the imposition of sanctions against a Russian-linked company and its vessel due to their participation in the Nord Stream 2 gas pipeline project.
23 November 2021
Farmers received UAH 36.7B in soft loans this year – agriculture minister
Ukrainian farmers this year received UAH 36.7 billion worth of loans on favorable terms, with more than UAH 31 billion allocated to farmers under the program "Affordable Loans 5-7-9%."
Shmyhal: Development of science will promote economic growth
The development of science, research infrastructure and support for young scientists is an important prerequisite for Ukraine's economic growth.
Cooperation with Westinghouse to strengthen Ukraine's energy security - U.S. Embassy
The U.S. Embassy in Ukraine has welcomed the agreement between the U.S. company Westinghouse and Ukraine’s National Nuclear Energy Generating Company Energoatom to complete the construction of two power units at the Khmelnytskyi Nuclear Power Plant.
Algerian companies interested in importing Ukrainian fertilizers, food products
Ukrainian diplomats have presented the export potential of Ukraine to Algerian entrepreneurs.
Shevchenko names NBU's priorities as part of cooperation with IMF
The National Bank of Ukraine (NBU) will continue to focus on areas important for Ukraine within the framework of cooperation with the International Monetary Fund (IMF).
Stefanishyna: Ukraine will be recognized as priority country in product supplies to EU
Ukraine expects domestic rail and water transport to be included in the priority chains of product supplies to the European Union within the framework of the European Green Deal.
Shmyhal on IMF tranche: We have confirmed Ukraine's status as reliable partner
The IMF's decision to grant Ukraine a tranche of almost $700 million has confirmed the country's status as a reliable and responsible partner, Prime Minister Denys Shmyhal has said.
Marchenko meets with EBRD Vice President
Ukrainian Finance Minister Serhiy Marchenko and newly appointed Vice President of the European Bank for Reconstruction and Development (EBRD) for Policy and Partnerships, Mark Bowman have discussed the prospects for further cooperation.
PM Shmyhal: Ukraine–Austria trade and economic cooperation has significant potential
The development of trade and economic cooperation between Ukraine and Austria has great potential.
Zelensky: Ukraine will use IMF tranche to support financial system, combat COVID-19
Ukrainian President Volodymyr Zelensky has thanked the IMF Executive Board for the decision to allocate a tranche of almost $700 million to Ukraine.
IMF approves Ukraine tranche worth almost $700M
At a meeting to review the ongoing Stand-By Arrangement with Ukraine, the IMF Executive Board decided to extend the program and allocate a tranche of about $700 million.
22 November 2021
Belarus grants 7,000 additional permits to Ukrainian carriers – Infrastructure Ministry
The Republic of Belarus has granted Ukrainian carriers 7,000 additional permits for international road haulage, Ukrinform reports, referring to the Infrastructure Ministry of Ukraine.
Banks provided UAH 1.32B under Affordable Loans program last week
Last week authorized banks issued 381 loans for a total sum of UAH 1.32 billion under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports, referring to the Finance Ministry’s press service.