Ukraine receives EUR 600M in macro-financial assistance from EU
The European Union has provided Ukraine with the second tranche of € 600 million in macro-financial assistance.
Economy
Ukraine, Georgia to strengthen cooperation within Euro-Asian oil transport corridor - Energy Ministry
Ukraine and Georgia have agreed to strengthen cooperation as part of the Euro-Asian Oil Transportation Corridor project, Ukrinform reports, referring to the Ukrainian Ministry of Energy.
Banks provided UAH 0.7B under Affordable Loans program last week
Last week authorized banks issued 330 loans for a total sum of UAH 0.71 billion under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports with a reference to the Finance Ministry’s press service.
Oschadbank to receive EUR 100M from EBRD in subordinated loan
JSC Oschadbank and EBRD have signed a mandate letter on the terms of future cooperation and the provision of a subordinated loan.
NBU purchased $350M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $350.1 million on the interbank foreign exchange market last week, Ukrinform reports, referring to data provided by the central bank.
Communities to get over UAH 230M for development of administrative service centers – Shmyhal
The united territorial communities will receive a UAH 230M subvention for the development of administrative service centers (ASCs) following the government's decision to redistribute funds within the relevant project.
23 October 2021
Stefanchuk signs two bills on NBU independence
Verkhovna Rada Chairman Ruslan Stefanchuk has signed two bills on the National Bank of Ukraine, which are fundamentally important for further cooperation between Ukraine and the IMF.
Slovianska TPP put to halt after exhausting coal reserves
Amid the lack of anthracite coal, Slovianska TPP, owned by Donbasenergo, stopped power generation on October 23.
Ukraine to offer Europe additional gas transit volumes – from 55 bln cu m a year
The National Security and Defense Council instructed the Cabinet of Ministers to examine a possibility of supplying Europe with additional 55 billion cubic meters of gas a year at least.
Zelensky: We are witnessing artificial crisis created by Russia against Europe
Russia has orchestrated a gas crisis in Europe by using energy supplies for blackmail, Ukrainian President Volodymyr Zelensky has said.
22 October 2021
Almost 300 credit unions operating in Ukraine – NBU governor
The number of credit unions in Ukraine reached 289 as of the beginning of October 2021, according to Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko.
Ukraine among seven world’s largest exporters of raspberries
Ukraine is among the seven world’s largest exporters of raspberries, with a share of about 3% of world exports, Ukrinform reports, referring to the ЕastFruit platform for fruit and vegetable business.
Over 56M tonnes of grain already harvested in Ukraine - agrarian ministry
Ukraine’s farmers have harvested cereals and legumes off 12.2 million hectares, or 76% of the target area, while 6.3 million tonnes of grain has been threshed.
Ukraine will cooperate with Moldova on natural gas supply - Kuleba
Ukraine will continue to cooperate with Moldova on natural gas supply, Ukrainian Foreign Minister Dmytro Kuleba has said.
Lithuanian president calls for Ukraine's integration into EU's single market
Lithuanian President Gitanas Nauseda has said that the European Union should give a European perspective to Ukraine, Georgia and Moldova, including by offering the possibility of their full integration into the EU's single market.
Shortage of coal in warehouses to be covered with imports – energy minister
Minister of Energy German Galushchenko has said that the shortage of coal in the warehouses of Ukrainian thermal power plants and combined heat and power plants will be covered with imports.
Banks provided UAH 6.1B of loans under state guarantees – Finance Ministry
As of October 1, 2021, ten banks provided loans for a total sum of UAH 6.1 billion under state guarantees on a portfolio basis, Ukrinform reports, referring to the Finance Ministry’s press service.
21 October 2021
Ukraine, Czech Republic to cooperate in digitalization
During the meeting with Deputy Minister of Industry and Trade of the Czech Republic Silvana Jirotková, Deputy Minister of Digital Transformation of Ukraine for European Integration Valeria Ionan presented the ecosystem of Diia projects.
Central bank forecasts inflation at 9.6% in 2021
The National Bank of Ukraine keeps the inflation forecast for 2021 at 9.6%.
NBU projects discount rate at 7.5% by the end of 2022
The National Bank of Ukraine (NBU) projects that the discount rate will decrease more gradually over the next year than expected, and will total 7.5% at the end of 2022.
Parliament approves law on energy efficiency
The Verkhovna Rada of Ukraine has adopted law No.4507 "On energy efficiency".
Maasikas: Ukraine needs to de-oligarchize electricity market
Ukraine has widely implemented EU requirements in the gas area but much remains to be done to secure the electricity market, including its de-oligarchization.
NBU expects Ukraine to receive $700M tranche from IMF by year-end
The National Bank of Ukraine (NBU) expects that Ukraine will receive a $700 million tranche from the International Monetary Fund (IMF) by the end of the year.
NBU worsens outlook for GDP growth
The National Bank has downgraded its economic growth forecast for 2021 from 3.8% to 3.1%.
NBU keeps main interest rate unchanged
The National Bank of Ukraine has decided to leave its main interest rate unchanged at 8.5%.
Ukraine’s grain exports reach almost 17M tonnes
Since the beginning of the current marketing year (MY, started on July 1, 2021), Ukraine has exported 16.954 million tonnes of grain and leguminous crops, which is 2.152 million tonnes more than in the same period last year, according to the Ministry of Agrarian Policy and Food.
Ukrnafta sold oil for UAH 2.1B at auction
PJSC Ukrnafta sold 118.7 thousand tonnes of oil for UAH 2.147 billion at an auction on October 20, 2021, Ukrinform reports, referring to the company’s press service.
Gas TSO of Ukraine applies for participation in Nord Stream 2 certification
Gas TSO of Ukraine, the country’s gas transmission system operator, applied to the German energy regulator (Bundesnetzagentur) to participate in the certification procedure for the Nord Stream 2 gas pipeline operator.
20 October 2021
PM Shmyhal: Only rapid spread of coronavirus can stop economic recovery
Ukraine's economy is actively recovering, and this process can be stopped only by one factor – the rapid spread of coronavirus.