NBU predicts inflation in Ukraine will slow by year-end
Inflation in Ukraine will slow to single-digit levels at the end of this year and will gradually return to 5% next year, the National Bank of Ukraine (NBU) has said.
Economy
NBU raises discount rate to 8.5%
The National Bank of Ukraine (NBU) has decided to raise the discount rate to 8.5%.
Tourist tax revenues in Zakarpattia region grow almost 83% in Jan-Aug 2021
In January-August 2021, tourist tax revenues in Zakarpattia region rose by 82.6% compared to the same period last year, to UAH 6.916 million.
World Bank to allocate $230M to Ukraine to fight COVID-19 by Dec
The World Bank is ready to allocate $230 million to Ukraine by December 2021 as part of the COVAX initiative, the Ukrainian Finance Ministry's press service has reported.
Ukraine, Thailand agree on constituent meeting of Joint Trade Commission
Ukraine and Thailand have agreed to hold a constituent meeting of the Joint Trade Commission in the near future so that to increase trade and strengthen business ties.
Hryvnia remains only legal tender – NBU chief on cryptocurrency legalization
The Head of the National Bank, Kyrylo Shevchenko, has welcomed the law on virtual assets, adopted by Parliament, while noting that the hryvnia remains the only legal tender in Ukraine.
Shmyhal, Kazakh PM discuss trade and investment cooperation
Prime Minister of Ukraine Denys Shmyhal and Prime Minister the Republic of Kazakhstan Askar Mamin have discussed trade, infrastructure and investment cooperation between the two countries.
08 September 2021
Ukraine, Kenya agree to intensify bilateral relations
Minister of Foreign Affairs of Ukraine Dmytro Kuleba has received a Kenyan delegation, which is currently visiting Ukraine.
Ukrainians able to get to America and Asia with new UIA flights
Ukraine International Airlines (UIA) gradually continues to restore the original network of routes and offers passengers alternative flight options. At present, passengers can take advantage of special SPA fares on UIA and partner flights and travel to more remote parts of the world, despite the limitations associated with a global pandemic, the airline’s press service has reported.
Passenger traffic at Boryspil Airport grows 66% this year
In January-August 2021, Boryspil International Airport served 5,816,254 passengers, which is 66% more than in the same period of 2020, Ukrinform reports, referring to the airports’ Facebook page.
Number of nonbank market participants decreased in August - NBU
In August 2021, eight new companies entered the nonbank financial services market in Ukraine, while 13 companies left the market, Ukrinform reports, referring to the press service of the National Bank of Ukraine (NBU).
Gazprom not to be able to fully use Nord Stream 2 under European regulations – Poland’s PGNiG chair
The Nord Stream 2 gas pipeline, if put into operation, must be subject to European regulations. In this case, Gazprom will not be able to operate it at full capacity and will be forced to use Ukraine's gas transmission system for transit.
IFC, Ukraine sign memorandum to develop irrigation infrastructure
The International Finance Corporation (IFC) and the Ministry of Agrarian Policy and Food of Ukraine have signed a Memorandum of Understanding to modernize and develop the irrigation and drainage sector in Ukraine.
07 September 2021
Economic development strategy envisages transformation of coal regions until 2030
The Strategy of Economic Development of Donetsk and Luhansk regions envisages the transformation of coal regions until 2030, according to Marta Bukhtiyarova, Director General of the Directorate of Strategic Planning and European Integration of the Ministry for Reintegration of the Temporarily Occupied Territories of Ukraine.
Cost of new housing in Ukraine may grow by 10% - realtors
The cost of housing in the primary market in Ukraine may grow by 5-10% and in the secondary market by up to 7% by the end of 2021, President of the Ukrainian Realtors Association Yuriy Pita, has told Ukrinform.
Guaranteed Buyer sold green electricity worth UAH 483M at auction on Sept.6
State Enterprise Guaranteed Buyer sold electricity generated from renewable energy sources worth UAH 483 million, which was put up for sale at an auction on September 6.
Ukraine’s demand for used cars up 56% in August
Ukrainians registered 51.3 thousand used cars imported from abroad in August 2021, which is 56% more than in August 2020, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom).
Ukraine's integration into ENTSO-E will enable EU energy system to raise sustainability - Bondarenko
The synchronization of Ukraine’s integrated energy system with the European Network of Transmission System Operators for Electricity (ENTSO-E) will enable the European energy system to become more flexible and raise its sustainability, according to the Ukrainian Ministry of Energy.
Ukraine's international reserves reach nine-year high - NBU
Ukraine's international reserves increased to $31.6 billion dollars as of September 1, thus reaching a nine-year high, the press service of the National Bank of Ukraine (NBU) has reported.
Ukraine interested in enhancing economic cooperation with Chile
Ukraine is interested in resuming dialog on trade and economic cooperation with Chile.
Ukrzaliznytsia carries over 9M passengers during summer
JSC Ukrzaliznytsia, Ukrainian railways, carried 9.1 million passengers in June-August 2021, which is 130% of the figures recorded last summer and 70% of those figures in the summer of 2019.
Ukraine seeks visa-free travel, FTA with U.S. – foreign minister
In negotiations with American partners, Ukraine has been promoting the idea of concluding agreements on visa-free travel and a free trade area with the United States.
06 September 2021
Ukraine’s embassy participates in CIFTIS 2021, hosts investment forum
Charge d’Affaires of Ukraine in China Zhanna Leshchynska participated in the opening ceremony for the China Beijing International Fair for Trade in Services (CIFTIS-2021, Beijing, September 2-7) at the invitation of the Beijing People’s Government.
Zakarpattia region budget receives almost UAH 7M in tourist tax revenues
Since the beginning of 2021, local budgets of Zakarpattia region received UAH 6.9 million in tourist tax payments, which is 36.1% more than in the pre-pandemic period of 2019.
Ukraine pumped almost 3 bcm of gas into underground storage facilities
Ukraine has already pumped almost 3 billion cubic meters (bcm) of natural gas into its underground gas storage facilities in the current pumping season, Ukrinform reports, referring to the press service of JSC Ukrtransgaz.
More than 13,000 land agreements registered in Ukraine
As of September 6, Ukraine registered 12,784 agreements on the purchase and sale of agricultural land, Ukrinform reports, referring to the press service of the Ministry of Agrarian Policy and Food.
Ukraine’s gas imports amounted to 22.3 mcm per day as of Sept 1 – UEEX
As of September 1, Ukraine’s gas imports amounted to 22.3 million cubic meters (mcm) per day, Ukrinform reports with reference to the review of the natural gas market for August 30 - September 3, published on the website of the Ukrainian Energy Exchange (UEEX).
NBU provides refinancing to three banks
The National Bank of Ukraine (NBU) provided a total of UAH 535 million in refinancing to three banks, Ukrinform reports, referring to the central bank’s press service.
NBU bought $159M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $159 million on the interbank foreign exchange market last week, according to data provided by the central bank.