Ukraine and the Czech Republic are planning to hold a meeting of the joint commission on economic, industrial, scientific and technical cooperation until the end of the current year.
Why don’t IT specialists from Mukachevo hurry abroad but learn English?
Since the beginning of 2020, 1.3 million Ukrainians have received international money transfers through PrivatBank's services, which is 14% more than in 2019, the bank's press service reports.
Consumer inflation in Ukraine in August 2020 decreased by 0.2% compared to the previous month, according to the State Statistics Service.
Foreign Minister Dmytro Kuleba has invited representatives of the Portuguese business to participate in the process of privatization in Ukraine.
Finance Minister Serhiy Marchenko has stated that Ukraine expects to receive another tranche from the International Monetary Fund (IMF) this year.
09 September 2020
The Cabinet of Ministers of Ukraine has set up the National Geospatial Data Infrastructure Council to implement a respective law that enters into force on January 1, 2021.
The Cabinet of Ministers of Ukraine has authorized Finance Minister Serhiy Marchenko to sign framework agreements on interaction with state-owned banks.
The state budget deficit is projected at the level of 6% in 2021, according to the Finance Ministry of Ukraine.
Ukraine hopes to reach an agreement to start negotiations on the revision of the Association Agreement with the European Union in 2021, according to the Ukrainian Economy, Trade and Agriculture Development Ministry.
UAH 163.78 billion as capital investment was attracted to Ukraine's economy in the first half of 2020, which is 30% less than in the same period of 2019, Ukraine's State Statistics Service has reported.
Naftogaz Group has developed strategic directions and projects of natural gas production in Ukraine, the company’s press service reported.
The Ukrainian Finance Ministry raised UAH 987 million towards the state budget as a result of auctions on the placement of domestic government bonds on September 8, the Finance Ministry’s press service reported.
08 September 2020
Ukraine needs to accelerate the exploration of gas fields in order to increase its own gas production.
The Cabinet of Ministers of Ukraine has decided to allocate UAH 30 million to carry out project design work for the construction of a modern airport in Zakarpattia region, Ukrainian Infrastructure Minister Vladyslav Kryklii says.
President of Ukraine Volodymyr Zelensky has stated that needed funds will be provided for the reconstruction of Sumy airport.
The air traffic in Ukraine dropped by 56.3% in August 2020 compared to the relevant period last year, according to the Ukrainian State Air Traffic Services Enterprise (UkSATSE).
Ukraine and Romania will create a joint working group to develop projects in the energy sector.
JSC CB PrivatBank received UAH 16.2 billion in profit in January-July 2020, which is the highest result compared to other banks, Finbalance reports referring to data provided by the National Bank of Ukraine (NBU).
Westinghouse sees Separate Subdivision Atomenergomash, part of Ukraine's National Nuclear Energy Generating Company Energoatom, not only as a partner in the production of individual elements of Westinghouse fuel assemblies for Ukrainian NPPs, but also considers expanding such cooperation to meet the needs of customers outside Ukraine, Energoatom's press service has reported, with reference to Aziz Dag, Managing Director at Westinghouse Electric Sweden AB.
Ukraine intends to resume and expand agricultural exports, attract Chinese investment in agricultural, industrial and technology parks in Ukraine, infrastructure and energy projects.
The Cabinet of Ministers has officially started work on the National Economic Strategy until 2030, which is a joint initiative of President Volodymyr Zelensky and Prime Minister Denys Shmyhal, the Government portal reports.
07 September 2020
Ukraine’s ambassador, chairman of Jazeera Airways discuss possibility of direct flights between states
On September 7, 2020, Ukraine’s Ambassador of to the State of Kuwait Oleksandr Balanutsa met with Chairman of Jazeera Airways Marwan Boodai.
In August 2020, Ukrainians purchased 625 electric cars and 22 commercial vehicles, which is 11% and 61% less than in August 2019, respectively, according to the Ukrainian Motor Vehicle Manufacturers Association (UkrAutoProm).
The National Bank of Ukraine (NBU) provided UAH 100 million in refinancing to PJSC Bank Sich on September 4, the NBU's press service reported.
In August 2020, Ukraine's international reserves increased by 1%, up to USD 29.049 billion (in equivalent), according to the press service of the National Bank of Ukraine (NBU).
JSC Oschadbank will join the Deposit Guarantee Fund from January 1, 2021 after introducing appropriate changes to the Ukrainian legislation, according to the Finance Ministry.
Prime Minister Denys Shmyhal has said that the Cabinet of Ministers wants to reach a 7% interest rate on hryvnia loans for Ukrainian entrepreneurs, the Government portal reports.
05 September 2020
Prime Minister of Ukraine Denys Shmyhal has stated that the exchange rate of hryvnia is projected at UAH 29.0 per the U.S. dollar in the draft state budget for 2021.
Fitch Ratings has affirmed Ukraine's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B' with a Stable Outlook.
04 September 2020
The Council of the National Bank of Ukraine has appointed Yaroslav Matuzka as deputy governor of the central bank.
The European Bank for Reconstruction and Development (EBRD) is granting a EUR 10 million loan to Ukraine’s Agrofusion Group (Agrofusion) to finance the company’s working capital needs.
It is necessary to allocate at least 5% of GDP to finance medicine, otherwise it is difficult to support and even reform the health sector, Ukrainian Health Minister Maksym Stepanov has said.
JSB Ukrgasbank has already issued UAH 500 million of investment loans under the government program “Affordable loans at 5-7-9%”, which is the largest indicator among the banks participating in the program, according to a report posted on the bank’s website.
03 September 2020
The National Bank of Ukraine (NBU) expects the arrival of an IMF mission in the near future and hopes to receive a loan by the end of 2020.
The support from Ukraine's international partners gives us energy for fruitful work, Prime Minister Denys Shmyhal said after meeting with the ambassadors of the G7 countries.
President Volodymyr Zelensky has ordered the government to draft and submit to the Verkhovna Rada bills aimed at developing the IT industry in Ukraine.
The National Bank of Ukraine (NBU) has decided to leave its discount rate unchanged at 6%, NBU Governor Kyrylo Shevchenko has said.
In July-August, inflation in Ukraine was below the target range of 5% and its future dynamics will depend on how fast the economy recovers.
The Ambassadors of the G7 countries and Prime Minister of Ukraine Denys Shmyhal have discussed the issues of PrivatBank court cases, legal situation around anti-corruption bodies, energy market and other topical issues.
The National Bank of Ukraine (NBU) has excluded two companies from the State Register of Financial Institutions, according to the central bank’s press service.
Ukraine’s ready-to-eat and canned fish exports grew by 7% in January-June 2020, up to $3.5 million, according to the press service of the Ukrainian State Agency of Fisheries.
The first step towards a strategic alliance between Ukraine and Turkey can be the creation of joint ventures in various sectors of the military-industrial complex.
Finance Minister Serhiy Marchenko and CEO of the Swiss financial company UBS Sergio Ermotti have discussed the UBS group's support for infrastructure projects within the Great Construction project in Ukraine, the Ukrainian Finance Ministry has reported on Facebook.
02 September 2020
The Cabinet of Ministers of Ukraine at a meeting on September 2 approved the resolutions on signing agreements with the governments of the Republic of Singapore and Iceland on air service, the Ukrainian Infrastructure Ministry has reported.
The local authorities have UAH 8.5 billion on their accounts for the purchase of everything necessary for a successful fight against coronavirus in educational institutions.
The Ukrainian Grain Association (UGA) in its September report downgraded the forecast for the gross harvest in Ukraine by almost 1 million tonnes compared to August due to unfavorable weather conditions for late crops in some regions of Ukraine, UGA's press service has reported.
The National Bank of Ukraine (NBU) will remove coins with the value of 25 kopecks from circulation on October 1, 2020.
The European Investment Bank (EIB) will grant a EUR 12 million loan to the city of Lviv for the purchase of new trams under the Ukraine Urban Public Transport Project, the Ukrainian Infrastructure Ministry has reported.
Gas Transmission System Operator (TSO) of Ukraine LLC transported 12.5 billion cubic meters of gas from Europe to Ukraine at the request of its customers between January-August 2020, which is 30% (2.9 billion cubic meters) more than in the same period last year and 63% higher than the average volume in 2016-2019, the company’s press service reports.
In January-July 2020, assets of the National Bank of Ukraine (NBU) increased by 13% compared to the consolidated balance sheet data as of December 31, 2019, and reached UAH 1.199 trillion, according to the central bank’s press service.
Ukrainian President Volodymyr Zelensky has inspected from a helicopter the reconstruction of state and local roads in the Kharkiv region, which is carried out as part of the Big Construction program, the presidential press service has reported.
The Hungarian low-cost airline Wizz Air has launched a new flight on the Pardubice-Lviv and Pardubice-Kyiv routes.
In July 2020, the deficit of Ukraine's balance of payments reached $88 million, according to data provided by the National Bank of Ukraine (NBU).
Ukraine and Turkey are planning to restart protracted negotiations and find a mutually beneficial solution to a free trade area.
01 September 2020
Airports will be added to the Great Construction program from 2021 and in two or three years it will be possible to reconstruct all the airfields that Ukraine needs, President Volodymyr Zelensky says.
Some 235 kilometers of state roads and a hundred kilometers of local roads will be reconstructed and built in Ukraine's Poltava region this year, according to President Volodymyr Zelensky.
New An-178 is a real aviation SUV
As of August 27, 2020, UAH 5.36 billion was spent on the purchase of goods and services under the simplified procedure to combat the spread of COVID-19, according to the Finance Ministry.