Ambassador announces China's participation in infrastructure projects in Ukraine
In the coming days, Ukraine and China will sign a document on a new form of China's participation in the infrastructure projects in Ukraine.
Economy
24 June 2021
Ukraine-China trade turnover grows by 48 percent in January-May 2021 – ambassador
In January-May 2021, trade turnover between Ukraine and the People’s Republic of China increased by 48 percent compared to the same period last year and amounted to over USD 7.4 billion.
Ukraine takes part in meeting of ministers of Cairns Group member states
The Ukrainian delegation led by Deputy Minister of Economy of Ukraine – Trade Representative of Ukraine Taras Kachka took part in the meeting of ministers of the Cairns Group member states in online format.
Ukraine moving towards introduction of defined contribution pension system - Shmyhal
Ukraine is moving towards the introduction of a defined contribution pension system, according to Prime Minister Denys Shmyhal.
Boryspil Airport among 15 largest European airports in terms of passenger traffic
Boryspil International Airport ranked fourteenth in the list of the largest airports in Europe in terms of the passenger flow.
Saudi Arabia’s Flynas to launch two more flights to Lviv
Saudi Arabia’s low-cost airline Flynas will launch two more flights to the Ukrainian city of Lviv in July and will operate them on the same plane, according to Avianews.
Ukrainian Startup Fund has financed almost 200 business projects
For a year and a half of its existence, the Ukrainian Startup Fund has financed about 200 business projects to the tune of almost $5 million.
Ukraine increases consumption of liquefied gas
In May 2021, Ukraine increased consumption of liquefied gas by 1.9% compared to May 2020, Ukrinform reports with reference to the State Statistics Service.
Deposit Guarantee Fund paid more than UAH 13M to depositors of insolvent banks in May
In May 2021, the Deposit Guarantee Fund paid UAH 13.1 million to depositors of insolvent banks within the guaranteed refund program, according to the Fund’s press service.
Deposits of individuals in Deposit Guarantee Fund’s banks exceed UAH 616B
The total amount of deposits of individuals in banks-participants of the Deposit Guarantee Fund of Ukraine amounted to UAH 616.7 billion as of June 1, 2021, according to the Fund’s press service.
23 June 2021
Shmyhal, Zourabichvili discuss trade and economic cooperation between Ukraine and Georgia
Prime Minister of Ukraine Denys Shmyhal has met with President of Georgia Salome Zourabichvili in Kyiv.
Govnt approves several resolutions aimed at supporting investors in Ukraine
The Cabinet of Ministers has adopted a number of resolutions aimed at supporting investors in Ukraine.
Zelensky: Ukraine, Georgia must take care of energy security
Ukraine and Georgia, having common European aspirations, must take care of energy security.
Zelensky announces meeting of Ukraine-Georgia commission on economic cooperation in Sept
The next meeting of the Ukraine-Georgia Joint Intergovernmental Commission on Economic Cooperation is to be held in September, President Volodymyr Zelensky has said.
PM Shmyhal: Launch of land market to facilitate economic growth
Land market reform, which will be launched in a week, will facilitate economic growth. Farmers, who have been working on the land for many years, will have a preemptive right to buy it.
Ukraine joins European association HOTREC - State Tourism Agency
Ukraine has become a member of HOTREC, the European association of hotels, restaurants and cafes.
Government expects economic growth to be more than 4% by year-end
The Cabinet of Ministers expects that the Ukrainian economy will grow by more than 4% by the end of 2021, according to Prime Minister Denys Shmyhal.
Bukovyna receives UAH 100M for reconstruction of Chernivtsi airport
The Ukrainian city of Chernivtsi has received UAH 100 million for the reconstruction of a local airport, Chernivtsi Regional State Administration reports on its Facebook page.
European Investment Bank interested in development of hydrogen energy in Ukraine
The European Investment Bank is interested in the development of hydrogen energy in Ukraine, as well as projects related to the energy efficiency of the state.
Finance Ministry places government bonds for UAH 11.4B
On June 22, 2021, the Ukrainian Finance Ministry raised UAH 11.4 billion towards the state budget as a result of auctions on the placement of domestic government bonds, the Finance Ministry wrote on its Facebook page.
Ukraine implementing 17 transport projects in cooperation with IFIs – Shmyhal
Ukraine is implementing 17 projects in the transport sector in cooperation with international financial institutions (IFIs).
NBU expects slight increase in deposit rates
The National Bank of Ukraine (NBU) expects a slight increase in deposit rates in the banking system following the rise in inflation and keeping the discount rate at 7.5%, according to Deputy NBU Governor Dmytro Solohub.
Ukraine’s GDP expected to grow by 4.1% by year-end – Economy Ministry
The gross domestic product (GDP) of Ukraine is expected to grow by 4.1% by the end of 2021 compared to 2020, Ukrinform reports with reference to the relevant forecast published on the Economy Ministry’s website.
Government launches dialogue with partners to relaunch corporate governance reform
The Cabinet of Ministers has launched a dialogue with international partners to relaunch corporate governance reform.
22 June 2021
Ukraine's GDP decreases by 2.2% in Q1 2021 – State Statistics Service
Ukraine's gross domestic product (GDP) in the first quarter of 2021 decreased by 2.2% compared to the first quarter of 2020, the State Statistics Service has reported.
Ukraine keeps tenth place in world pig iron production
In January-May 2021, Ukraine produced 8.90 million tonnes of pig iron, taking the tenth place in the world ranking of pig iron producers, Ukrinform reports with reference to the Ukrmetalurgprom Association.
Government extends powers of four members of Ukrzaliznytsia Supervisory Board
The Cabinet of Ministers of Ukraine has extended powers of four members of the Supervisory Board of JSC Ukrzaliznytsia for three months, Ukrinform reports with reference to the Government portal.
Banks provided more than UAH 3.2B of loans under state guarantees – Finance Ministry
As of June 1, 2021, ten banks provided 1,570 loans for a total sum of UAH 3,265 million under state guarantees on a portfolio basis, Ukrinform reports with reference to the Finance Ministry’s press service.
Eastern Ukraine needs $20 B for economic development – expert
The eastern region of Ukraine has great potential to attract investment in industry and develop its enterprises. Appropriate mechanisms are currently being developed.