Ukraine exported $1.87 billion worth of wheat in January-August 2019, according to customs statistics published on the website of the State Fiscal Service.
On September 6, NJSC Naftogaz of Ukraine has announced the procurement of natural gas for deliveries to Ukraine from the EU countries by using the proceeds of loan from EBRD.
Since the beginning of 2019, revenues from the lease of state property transferred by the State Property Fund of Ukraine to the national budget have reached UAH 1.61 billion.
The Finance Ministry is actively working on developing mechanisms for reducing the cost of loans for farmers, the ministry has written on Facebook page.
In August 2019, PJSC Ukrnafta increased oil and condensate production by 4.1% from the previous month, according to the company’s press service.
For the first time, Ukraine will participate in the healthy food and innovation exhibition Food Matters Live 2019, which will take place in London on November 19-20, 2019, according to the Agrarian Policy Ministry.
The National Bank of Ukraine (NBU) and the Central Bank of Tunisia (CBT) have concluded a Memorandum of Understanding, according to the NBU press service.
Since the beginning of the 2019/2020 marketing year (MY), Ukraine has exported more than 10 million tonnes of grain crops, which is 47% more than in the same period of the last MY.
The EBRD is providing a loan of up to $35 million to Louis Dreyfus Company (LDC) for a railcar logistics business in Ukraine, which will be fully owned by LDC, the EBRD has said in a press release.
05 September 2019
The Deposit Guarantee Fund has completed the liquidation of PJSC Commercial Bank Aksioma, the fund's press service has reported.
The debt repayment by Ukraine in early September did not have a negative impact on the foreign exchange market.
The National Bank of Ukraine (NBU) has decided to reduce the discount rate to 16.5%, NBU Governor Yakiv Smolii has said.
The National Bank of Ukraine (NBU) has reiterated its forecast that inflation will decline to 5% by the end of 2020.
The National Bank of Ukraine (NBU) expects that the International Monetary Fund's mission will arrive in Ukraine next week.
In January-August 2019, taxpayers of Luhansk region transferred UAH 3.869 billion to the consolidated budget of Ukraine, according to the Main Directorate of the State Tax Service.
In January - July 2019, Ukrainian farmers received UAH 138.27 million in financial assistance as part of the budget program Financial Support for Farm Development, according to the Agrarian Policy Ministry.
In January-August 2019, the Mykolaiv Customs Office transferred UAH 2.8 billion in revenues to the budget, which is 12.7% more compared with the relevant period last year, according to the customs office’s press service.
04 September 2019
Ukraine's Cabinet of Ministers has dismissed a great number of deputy ministers of the former government, Prime Minister Oleksiy Honcharuk has said.
Ukraine has reiterated its readiness to continue trilateral gas negotiations in the format of Ukraine-European Commission-Russia in September.
The Cabinet of Ministers intends to establish the IT Creative Fund that will train new experts in the IT industry.
In August 2019, the National Bank of Ukraine (NBU) purchased USD 316.2 million in the interbank foreign exchange market, the central bank’s press service reported.
Ukraine has settled with the International Monetary Fund under the Stand-By Arrangement launched in 2014, according to the National Bank of Ukraine.
The Finance Ministry of Ukraine attracted UAH 1.9 billion to the state budget as a result of the sale of government domestic loan bonds on September 3, 2019, according to the ministry’s website.
Vice President of the European Commission Maros Sefcovic said he had a productive phone talk with newly appointed Ukrainian Energy and Environmental Protection Minister Oleksiy Orzhel.
03 September 2019
The Pension Fund of Ukraine has transferred a total of UAH 157.2 million in cash subsidies to retired persons for the payment of housing and utility services for July, the Fund’s press service reported.
In January-August 2019, Donetsk region transferred to the budgets of all levels UAH 8.1 billion in revenues from personal income tax, which is 25.5% more than in the corresponding period last year.
In August 2019, Ukraine produced over 2.4 million tonnes of coal, which is 13% less than planned.
In January-June 2019, the average monthly salary in the Ukrainian agricultural sector grew by almost 24% compared to the same period last year, the Government portal reported with a reference to the data provided by the State Statistics Service.
Minister for Economic Development, Trade and Agriculture Tymofiy Mylovanov has confirmed that ex-Foreign Minister Taras Kachka will become his deputy and Ukraine’s trade representative.
President of Ukraine Volodymyr Zelensky has instructed the new Government in cooperation with the new Parliament to improve the business climate in the country, the president’s press service has reported.
The Finance Ministry has stated that the draft state budget for 2020 will be submitted to the Verkhovna Rada on time.
02 September 2019
The National Bank of Ukraine (NBU) transferred to the national budget the entire amount of profit before distribution, set up in the Consolidated Financial Statements of the National Bank for 2018, according to the central bank’s press service.
The Pension Fund of Ukraine has started to finance payments of pensions and housing subsidies in September, the Fund’s press service reported.
President of Ukraine Volodymyr Zelensky has outlined the priority tasks in the field of decentralization and regional policy.
Tax reform must be carried out in the spring of 2020.
President of Ukraine Volodymyr Zelensky has said that proper conditions for banks should be created so that they can reduce their lending interest rates for business and mortgage.
Prime Minister Oleksiy Honcharuk has stated that full currency liberalization in Ukraine should be prepared in 2019 and fully completed in 2020.
As of September 2019, Ukraine pumped 3.6 billion cubic meters of gas more into its underground gas storage facilities than last year, Naftogaz of Ukraine NJSC has reported.
Prime Minister of Ukraine Oleksiy Honcharuk has said that the main task of the government for the next five years is to increase the country's economy by at least 40%.
Ukraine, Poland and the United States signed a memorandum of understanding on trilateral cooperation in the energy sector.
The United States is ready to help Ukraine achieve its full energy potential, U.S. Energy Secretary Rick Perry has stated.
31 August 2019
The newly formed Government of Ukraine plans to conduct a major tax reform next spring.
Russia is ready to hold trilateral gas negotiations with the European Commission and Ukraine in the first half of September.
Ukrainian farmers have harvested grain and leguminous crops from an area of 10 million hectares and threshed 39.4 million tonnes of grain.
The mission of the International Monetary Fund is expected to visit Ukraine between September 10 and 24 this year.
30 August 2019
On August 27, the сommission for granting rights to the operation of air routes under the State Aviation Administration of Ukraine allowed the Ukrainian airline SkyUp to perform flights to the capitals of Sri Lanka and Israel.
The merger of the Ministry of Economic Development and Trade with the Ministry of Agrarian Policy and Food is to accelerate the implementation of key reforms.
In January-June 2019, exports of goods from Donetsk region decreased by 7.4% compared to the same period last year and amounted to USD 2.286 billion, the Main Department of Statistics in Donetsk region has reported.
The Kyiv City State Administration has stated that there are no plans to raise heat tariffs in the capital for the upcoming heating season.
In the first half of 2019, UAH 11.3 billion was invested in the economy of Donetsk region, which is 11% more than in the relevant period last year, according to the region’s Main Statistics Department.
At the Zakarpattia Regional State Administration, grant agreements were signed as part of the Hungary-Slovakia-Romania-Ukraine Cross-border Cooperation Program, the administration’s press service reported.
29 August 2019
As of July 31, 2019, Ukraine's state and government-guaranteed debt amounted to USD 82.40 billion, or UAH 2,066.9 billion, the Finance Ministry has reported.
The Agrarian Policy and Food Ministry has initiated the signing of the Memorandum of Understanding between the ministry and participants of the grain market on the volume of grain exports in 2019/2020, according to the ministry’s press service.
Gas volumes in Ukraine’s underground gas storage facilities exceeded 18 billion cubic meters as of August 29, the press service of Naftogaz of Ukraine NJSC has reported.
The new State Tax Service officially started its work on August 28 and informed about the launch of its own web portal.
28 August 2019
In January-June 2019, Ukrainian producers exported 217 tonnes of frozen fish to the tune of $573,000.
The average salary in Ukraine has doubled over three years. In December 2015 it amounted to UAH 5,230, and in December 2018 - UAH 10,573.
Since the beginning of 2019, small-scale privatization has secured about UAH 870 million in the state budget of Ukraine.
The State Agency on Energy Efficiency and Energy Saving of Ukraine in cooperation with NEFCO and experts of the Finland Ukraine Trust Fund is working on the establishment of the Green Investment Fund in Ukraine.