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Thursday, 21 October 2021, 21:25
Gas shortages in Europe can be avoided if Gazprom allows European companies to buy natural gas at receipt points located on the Russia-Ukraine border.
At a meeting on September 22, the Cabinet of Ministers approved the procedure for the mandatory sale of electricity by producers through electronic auctions.
Minister for Foreign Affairs of Ukraine Dmytro Kuleba took part in a meeting of the Council of Ministers for Foreign Affairs of the Organization for Democracy and Economic Development - GUAM, which includes Azerbaijan, Georgia, Moldova and Ukraine, according to the Ukrainian MFA press service.
22 September 2021
Ukrainian President Volodymyr Zelensky and Microsoft President Brad Smith have discussed the expansion of the company's presence in Ukraine.
Economic growth in the second quarter of 2021 by 5.7% against the corresponding figure last year was driven primarily by household consumption, whose final expenditures rose by 17.4% year-on-year.
Ukrainian Minister of Finance Serhiy Marchenko has held a meeting with IMF Mission Chief to Ukraine Ivanna Vladkova Hollar, according to the ministry’s press service.
Approval procedures needed for the opening of the U.S. market for Ukrainian corn and wheat are currently at the final stage, according to Head of the State Service of Ukraine for Food Safety and Consumer Protection Vladyslava Mahaletska.
State-owned Naftogaz of Ukraine spends more on producing natural gas than the company receives from its sale.
In January-June 2021, SCM Group paid almost UAH 35 billion in taxes, of which UAH 29 billion was transferred to the state budget and UAH 5.8 billion to local budgets.
The draft state budget for 2022 provides for UAH 3 billion for the program to support Ukrainian entrepreneurs "Affordable Loans at 5-7-9%".
21 September 2021
The state budget for 2022 is a budget of investment in people, the country, and the future, and its priority is to support doctors, who are at the forefront of the fight against the coronavirus, as well as the military and veterans.
The net profit of Ukrainian solvent banks amounted to UAH 45.6 billion in January-August 2021, which is UAH 13 billion more than in the same period last year.
In the first half of 2021, 78 enterprises of Ukroboronprom State Concern received UAH 517.6 million in net profit, which is 2.1 times more than in the same period last year.
The draft state budget for 2022 envisages 21% of expenditures on the security and defense sector.
In August 2021, the Deposit Guarantee Fund paid UAH 10.9 million to depositors of insolvent banks within the guaranteed refund program, according to the Fund’s press service.
The International Monetary Fund (IMF) has started a virtual mission to Ukraine, according to Bloomberg.
20 September 2021
Ukraine's gross domestic product increased by 5.7% compared in the second quarter of 2021 compared to the same period in 2020, the State Statistics Service has reported.
The annual capacity of the Ukrainian gas transit system is 146 billion cubic meters of natural gas, which allows Ukraine to transport almost twice as much gas as the Nord Stream 1 and Nord Stream 2 gas pipelines combined because they can pump only 55 billion cubic meters of gas per year, according to Sergiy Makogon, General Director of the Gas Transmission System Operator of Ukraine (GTSOU).
Ukraine intends to develop health and business tourism with Saudi Arabia and other countries of the Arabian Gulf, seeing the area as promising.
The National Bank of Ukraine (NBU) expects to start a cycle of key policy rate reduction in the second quarter of 2022.
As of September 20, Ukraine registered 18,771 agreements on the purchase and sale of agricultural land, Ukrinform reports, referring to the press service of the Ministry of Agrarian Policy and Food.
The Deposit Guarantee Fund of Ukraine has transferred UAH 2.07 billion ahead of schedule under its obligations to the Finance Ministry of Ukraine.
As of September 1, 2021, ten banks provided loans for a total sum of UAH 5.543 billion under state guarantees on a portfolio basis, Ukrinform reports with a reference to the Finance Ministry’s press service.
Ukraine has achieved significant results in fulfilling its obligations under the International Monetary Fund’s Stand-by Program.
The National Bank of Ukraine (NBU) provided a total of UAH 217 million in refinancing to four banks, Ukrinform reports, referring to the central bank’s press service.
Ukrainian farmers have harvested 45.7 million tonnes of grain and leguminous crops so far, Ukrinform reports with reference to the press service of the Ministry of Agrarian Policy and Food.
In the first half of the current year, foreign direct investment in Ukraine increased by $2.7 billion compared to the same period last year, according to Prime Minister of Ukraine Denys Shmyhal.
18 September 2021
Ryanair CEO Michael O'Leary says that the Irish low-cost carrier plans to significantly expand its presence in the Ukrainian market.
17 September 2021
Ukraine's Deputy Prime Minister, Minister for Reintegration of Temporarily Occupied Territories Oleksii Reznikov has met with Danish Ambassador to Ukraine Ole Egberg Mikkelsen to discuss the implementation of the Danida Business Finance program in Ukraine, according to a statement posted on the website of the Ministry for Reintegration of Temporarily Occupied Territories of Ukraine.