Economy

Ukraine will get $2.7B from IMF in addition to SBA - Mylovanov

Ukraine will get $2.7B from IMF in addition to SBA - Mylovanov

Ukraine will receive $2.7 billion from the International Monetary Fund (IMF) as part of the Fund's new initiative to issue additional special drawing rights, while negotiations are underway on new IMF tranches under the traditional Stand-By Arrangement (SBA), according to Tymofiy Mylovanov, an adviser to the head of the President's Office and the president of the Kyiv School of Economics.

NBU revokes two licenses of credit union

NBU revokes two licenses of credit union

The National Bank of Ukraine (NBU) has revoked two licenses of Credit Union “Shans-Plus” on the basis of its own application, Ukrinform reports with reference to the central bank’s press service.

15 July 2021

14 July 2021

UIA to operate six Kyiv-Cairo flights per week

UIA to operate six Kyiv-Cairo flights per week

Ukraine International Airlines (UIA) will operate six flights a week between Kyiv and Cairo from July 23, the Ukrainian Embassy in Egypt reports on Facebook with reference to the airline's press release.

Zelensky, Sefcovic discuss energy security issues

Zelensky, Sefcovic discuss energy security issues

President of Ukraine Volodymyr Zelensky and Vice President of the European Commission Maros Sefcovic discussed strategic partnership with the EU in the field of raw materials and energy security issues.

13 July 2021

Liubchenko invites German business to invest in Ukraine

Liubchenko invites German business to invest in Ukraine

German business may be interested in clusters in Ukraine, such as technological production, transport production, modern technologies, investments in health care, production of medical equipment and medicines, the Ukrainian Economy Ministry's press service has reported.

Inflation in June was higher than NBU forecast

Inflation in June was higher than NBU forecast

Consumer inflation in June 2021 was higher than the April forecast of the National Bank of Ukraine (NBU) and came to 9.5% compared to June 2020, Ukrinform reports with reference to the central bank’s press service.

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