Economy

04 May 2020

NBU forecasts 11% decline in Ukrainian economy in Q2 2020

NBU forecasts 11% decline in Ukrainian economy in Q2 2020

The National Bank of Ukraine (NBU) in its Inflation Report for April 2020 forecasts that the Ukrainian economy will decline by 11% in annual terms, unemployment will rise to about 12% in seasonally adjusted terms, and wage growth will halt.

02 May 2020

30 April 2020

Ukraine exports fish products for over $1 mln in Jan-Feb

Ukraine exports fish products for over $1 mln in Jan-Feb

Ukraine delivered 437 tonnes of ready-to-eat and canned fish to foreign markets in the first two months of this year for more than $1 million, Ukraine's State Fisheries Agency has reported, with reference to the State Statistics Service.

29 April 2020

Ukrainian government allows food markets to reopen

Ukrainian government allows food markets to reopen

The Cabinet of Ministers has supported the criteria developed by the health and economy ministries that enable food markets to resume their operations, Prime Minister Denys Shmyhal has reported on Telegram.

28 April 2020

Ukraine already exported almost 50 mln tonnes of grain

Ukraine already exported almost 50 mln tonnes of grain

Ukraine has exported 49.99 million tonnes of grain and leguminous crops in the current marketing year, which is 7.7 million tonnes more than in the same period of the previous marketing year, according to the Information and Analytical Portal of Ukraine’s Agro-Industrial Complex.

Zelensky signs law on sale of agricultural land

Zelensky signs law on sale of agricultural land

Ukrainian President Volodymyr Zelensky has signed into law a bill introducing amendments to certain legislative acts of Ukraine on the terms of sale of agricultural land, which was approved by the Verkhovna Rada on March 31, 2020, the Office of the President has reported.

Bakanov, Abromavicius discuss Ukroboronprom reform

Bakanov, Abromavicius discuss Ukroboronprom reform

The Security Service of Ukraine (SBU) intends to provide expert assistance to State Concern Ukroboronprom in order to ensure more efficient and transparent reform of the state-owned concern, according to the SBU press service.

Ukrainian president announces two lending programs

Ukrainian president announces two lending programs

Ukrainian President Volodymyr Zelensky has welcomed the decision by the National Bank of Ukraine (NBU) to reduce the discount rate and said it allows other banks to reduce interest rates on loans to businesses and individuals.

27 April 2020

NBU hopes for support of banking bill

NBU hopes for support of banking bill

The National Bank of Ukraine (NBU) has said it hopes that MPs will adopt bill No. 2571-d on banking regulation, which the Verkhovna Rada committee on finance, tax and customs policy recommended to support at second reading and as a whole, the NBU's press service has reported on Facebook.

25 April 2020

24 April 2020

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