NBU expects reserves to once again rise to $30B
The National Bank of Ukraine expects the country’s foreign reserves to exceed $30 billion by the end of the year.
Economy
GTSOU invested over UAH 4.6B in modernization in Jan-Aug 2021
In January-August 2021, Gas Transmission System Operator of Ukraine LLC (GTSOU) invested more than UAH 4.6 billion in the modernization of gas transmission system.
Ukraine begins exporting raspberries to USA and Canada
In 2021, Ukraine started exporting frozen raspberries to the United States and Canada for the first time, Ukrinform reports, referring to the ЕastFruit platform for fruit and vegetable business.
11 October 2021
Shmyhal: Economic advantage of synchronization with ENTSO-E estimated at $1.5B a year
The economic advantage of the Ukrainian power grid synchronization with the European Network of Transmission System Operators for Electricity (ENTSO-E) is estimated at $1.5 billion per year, Prime Minister of Ukraine Denys Shmyhal has said.
Ukraine technically prepared for synchronization with ENTSO-E - Galushchenko
Ukraine is technically prepared to synchronize the country's power grid with the European Network of Transmission System Operators for Electricity (ENTSO-E), according to Ukrainian Energy Minister German Galushchenko.
Ukraine to export poultry meat to Jordan – MFA
The competent authorities of Ukraine and Jordan have agreed on the form of a certificate for the exports of poultry meat, offal and other poultry products from Ukraine to Jordan, Ukrinform reports, referring to the Ukrainian Ministry for Foreign Affairs.
Banks issued affordable loans worth UAH 857M last week
Last week authorized banks issued 343 loans for a total sum of UAH 857.4 million under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports with a reference to the Finance Ministry’s press service.
Economy Ministry names reasons for price growth in September
In September 2021, after deflation in August, consumer prices in Ukraine rose by 1.2% due to higher food and energy prices in foreign markets, Ukrinform reports, referring to the press service of the Ukrainian Economy Ministry.
Energy efficiency should become national idea - Dombrovsky
Energy efficiency should become a national idea not only for Ukraine, but also for all Ukrainian companies that want to take a worthy place in world markets, according to Oleksandr Dombrovsky, President of MHP Eco Energy, Chairman of the Board of Global 100% RE Ukraine.
NBU provides UAH 91M in refinancing to one bank
The National Bank of Ukraine (NBU) provided UAH 91 million in refinancing to one bank, Ukrinform reports, referring to the central bank’s press service.
NBU purchased $228M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $228 million on the interbank foreign exchange market last week, Ukrinform reports, referring to data provided by the central bank.
Only new lockdown could prevent GDP from growing by 4% this year – PM Shmyhal
Prime Minister Denys Shmyhal expects Ukraine's GDP will grow by 4% this year, and only a new wave of coronavirus and following imposition of quarantine restrictions could prevent that.
ARMA transferred UAH 28.6B in revenues to state budget in Jan-Sept 2021
Net revenues transferred by Ukraine’s Asset Recovery and Management Agency (ARMA) to the state budget grew by 250% between January-September 2021 compared to the same period last year, according to the ARMA press service.
09 October 2021
Kuleba sums up meeting with Ukrainian and Turkish business circles
On Friday, October 8, Minister of Foreign Affairs of Ukraine Dmytro Kuleba and Minister of Foreign Affairs of the Republic of Turkey Mevlüt Çavuşoğlu met with Ukrainian and Turkish business circles in Lviv to discuss the ways to remove obstacles to further development of Ukraine–Turkey trade.
08 October 2021
Consumer prices grow by 1.2% in Sept 2021 – State Statistics Service
Consumer prices in Ukraine in September 2021 rose by 1.2% compared to August 2021, the State Statistics Service has reported.
Parliament increases revenues and expenditures of 2021 state budget by almost UAH 40B
The Verkhovna Rada of Ukraine approved amendments to the state budget for 2021, which provides for an increase in revenues and expenditures by almost UAH 40 billion.
Ukrtsukor: Sugar production reached almost 292,000 tonnes this year
As of October 8, Ukraine produced 291.9 thousand tonnes of sugar and processed 2.06 million tonnes of sugar beet, according to the Ukrtsukor National Association of Sugar Producers of Ukraine.
Local budget revenues up 20% in Jan-Sept 2021 - Ministry of Finance
The general fund of local budgets received UAH 247.9 billion in January-September 2021, which is 20.1% more compared to the same period last year, Ukrinform reports, referring to the press service of the Ministry of Finance.
Ukraine, Italy agree to finalize work on Agreement on Mutual Protection of Investments
First Vice Prime Minister of Ukraine - Minister of Economy Oleksiy Liubchenko held a meeting with Ambassador Extraordinary and Plenipotentiary of the Italian Republic to Ukraine Pier Francesco Zazo in Kyiv on October 7, Ukrinform reports, referring to the Government portal.
Government to ensure stable prices in electricity market - Galushchenko
The Cabinet of Ministers plans to ensure stable pricing in the Ukrainian electricity market in order to pass through the 2021/2022 heating season smoothly, according to Minister of Energy German Galushchenko.
Affordable loans worth over UAH 26B provided to farmers this year – Leshchenko
Ukrainian farmers have received more than UAH 26 billion under the program "Affordable Loans at 5-7-9%” since the start of 2021.
PM Shmyhal: Ukraine–Georgia trade turnover grows by 30%
The 30% growth of Ukraine–Georgia trade turnover over the past six months testifies to friendly relations.
Yermak holds first meeting of special group to counter threats to energy sector
Head of the Ukrainian President’s Office Andriy Yermak has held a constituent meeting of the special working group to minimize threats to the security and energy sectors of Ukraine.
Çavuşoğlu: Ukraine–Turkey trade balance exceeds pre-pandemic level
Ukraine–Turkey trade balance has exceeded the pre-pandemic level.
07 October 2021
Investors interested in five highway construction projects - Shmyhal
Investors are interested in five projects for the construction of highways in Ukraine through public-private partnerships, Ukrainian Prime Minister Denys Shmyhal has said.
Ukraine hopes to receive up to $2 B from World Bank in coming years
Ukraine has an ambitious goal to receive $1-2 billion from the World Bank in the coming years.
Shmyhal forecasts 4% Ukraine's GDP growth at yearend
Prime Minister of Ukraine Denys Shmyhal expects Ukraine's GDP to grow by 4% this year.
Ukraine's public debt exceeds $90B – PM Shmyhal
Ukraine’s total public and publicly guaranteed debt exceeds $90 billion, according to Prime Minister Denys Shmyhal.
Ukraine meeting IMF's requirements - Shmyhal
Ukraine is meeting the requirements of the International Monetary Fund to get the funding, Prime Minister Denys Shmyhal has said.