NBU keeps discount rate unchanged at 6%
The National Bank of Ukraine (NBU) has decided to leave the discount rate unchanged at the level of 6% per annum, the central bank’s press service reports.
Economy
Ukraine, Switzerland may cooperate in upgrading of Ukrzaliznytsia rolling stock
Infrastructure Minister of Ukraine Vladyslav Kryklii and President of the Swiss Confederation Simonetta Sommaruga discussed possible cooperation on modernization of the rolling stock of Ukrzaliznytsia JSC.
Deposit Guarantee Fund: Insolvent banks received UAH 2.8B in H1 2020
In the first half of 2020, UAH 2.835 billion was transferred to the accounts of insolvent banks, according to the press service of the Deposit Guarantee Fund of Ukraine.
Naftogaz raises wholesale gas price for population by 7% in July
NJSC Naftogaz of Ukraine increased the wholesale gas price for the population by 7%, to UAH 2.30 per cubic meter in July 2020, according to the company’s press service.
French ambassador believes in success of contract for construction of patrol boats for Ukraine
French Ambassador to Ukraine Etienne de Poncins has said he believes in the success of the French-Ukrainian contract for the construction of patrol boats.
22 July 2020
Heletiy appointed deputy governor of National Bank of Ukraine
The Council of the National Bank of Ukraine (NBU) has appointed Yuriy Heletiy deputy NBU governor, the NBU's press service has reported.
Government backs creation of ministry for strategic industries
The Cabinet of Ministers of Ukraine has supported the creation of a ministry for strategic industries.
Ukraine’s exports of agricultural products rose by $100M in H1 2020 – IAE
Ukraine exported agricultural products worth $10.4 billion between January-June 2020, which is only $0.1 billion more than in the same period last year, the Institute of Agrarian Economics (IAE) reported.
World Bank supports NBU governor in his commitment to maintain central bank’s independence
The World Bank supports commitments of the new Governor of the National Bank of Ukraine Kyrylo Shevchenko to maintain the central bank’s independence, as well as to enhance supervision and regulation policies, Anna Bierde, the Vice President of the World Bank for Europe and Central Asia has said.
Ukraine’s PM, President of Switzerland discuss joint economic projects
Prime Minister of Ukraine Denys Shmyhal has stated that Switzerland is among five major investors in the Ukrainian economy and supports the country on the path of change and structural reforms.
NBU to continue pursuing transparent partnership policy
The National Bank of Ukraine will continue to pursue the policy of transparent and predictable partnership.
IMF technical assistance mission completes work in Ukraine
A technical assistance mission for tax policy of the International Monetary Fund (IMF) completed its work in Ukraine on July 21, the Ukrainian Finance Ministry’s press service reported.
G7 ambassadors call on NBU governor to maintain independent monetary policy
The G7 ambassadors have congratulated Kyrylo Shevchenko on his appointment as Governor of the National Bank of Ukraine (NBU) and stressed the importance of maintaining an independent and rational monetary policy and effective regulation of the banking system.
21 July 2020
Zelensky calls on Switzerland to join development of tourism in Ukraine
Ukrainian President Volodymyr Zelensky is convinced that Switzerland's experience in developing tourism and infrastructure can be useful to Ukraine, and Swiss investors can join the development of the Ukrainian tourism industry.