
Banks connected to BankID system cover 87% of payment card market - NBU
Banks connected to the BankID system of the National Bank of Ukraine (NBU) together account for 87% of the Ukrainian payment card market.
Banks connected to the BankID system of the National Bank of Ukraine (NBU) together account for 87% of the Ukrainian payment card market.
In January-October 2020, local budgets of Ivano-Frankivsk region received UAH 4.6 million in tourist tax payments.
The National Bank of Ukraine (NBU) sold $70 million on the interbank foreign exchange market last week, according to data provided by the central bank.
The strategy of economic development of the government-controlled territory of Donetsk and Luhansk regions will be submitted to the Verkhovna Rada in the spring, the press service of the Ministry for Reintegration of the Temporarily Occupied Territories reports referring to Deputy Prime Minister Oleksii Reznikov.
Ukraine International Airlines (UIA) has canceled flights from Lviv and Kharkiv to Tel Aviv from November 8, according to the company's website.
Prime Minister of Ukraine Denys Shmyhal says that funds from the World Bank for the restoration of the economy in the government-controlled territories in Donbas will create additional opportunities for small and medium-sized businesses.
National Bank of Ukraine (NBU) Governor Kyrylo Shevchenko has left for the United States, where he will discuss the prospects for Ukraine's cooperation with international partners.
07 November 2020
Minister of Environmental Protection and Natural Resources of Ukraine Roman Abramovsky believes that the Chornobyl Exclusion Zone can attract investment in the production of green hydrogen and renewable energy.
The Ministry of Digital Transformation of Ukraine prepares the projects to attract investment to Ukraine.
06 November 2020
In 2019, the unrealized potential of merchandise export of Ukraine amounted to USD 24 billion. According to the audit of the Ukrainian economy, China is the largest untapped market for Ukraine.
Ukraine has implemented four out of ten structural benchmarks under a program of cooperation with the International Monetary Fund (IMF), and the implementation of two more is in the final stage, Ukrainian Finance Minister Serhiy Marchenko has said in an interview with the Minfin financial news portal.
Minister for Development of Economy, Trade and Agriculture of Ukraine Ihor Petrashko met with Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to Ukraine Valdemaras Sarapinas.
The European Bank for Reconstruction and Development (EBRD) will provide loans to Ukraine to finance road infrastructure in the regions, the press service of the Finance Ministry has reported.
Prime Minister Denys Shmyhal says that 16 Ukrainian enterprises received licenses from the Ministry of Health for the production of oxygen for medical purposes.
For the years of independence, Ukraine's unfulfilled investment potential has reached $63 billion.
Ukraine has lost one trillion dollars over the past ten years due to unfulfilled potential.
The Cabinet of Ministers of Ukraine has identified 30 priority projects until 2030, namely: the creation of an economic basis for the development of education, medicine, culture and social services; decline in the state's share in the economy; development of the financial sector and reduction of the regulatory burden on business.
Prime Minister Denys Shmyhal says that more than 12,000 mineral deposits have been discovered in Ukraine, but only one third of them are being developed.
Ukrainian sugar refineries processed 4 million tonnes of sugar beets of new harvest over the first two months of the 2020/2021 marketing year (MY), according to the Ukrtsukor National Association of Sugar Producers of Ukraine.
The results of an audit of the Ukrainian economy and the vectors of economic development drafted by the government should become the basis for the creation of Ukraine's National Economic Strategy until 2030, President Volodymyr Zelensky has said.
The results of an audit of the Ukrainian economy and the vectors of economic development drafted by the government should become the basis for the creation of Ukraine's National Economic Strategy until 2030, President Volodymyr Zelensky has said.
JSC Ukrzaliznytsia, Ukrainian Railways, intends to invest over UAH 25 billion in railway infrastructure, locomotives, freight cars and passenger transportation, the company’s press service reports.
05 November 2020
Motor Sich Airlines has announced the resumption of flights on the Zaporizhzhia-Minsk route, according to the airline’s Facebook page.
A Ukrainian delegation headed by Ukraine’s Ambassador to the People's Republic of China Serhiy Kamyshev participates in the third China International Import Expo (CIIE), which opened in Shanghai on November 5.
The Ministry for Development of Economy, Trade and Agriculture estimates a decline in Ukraine’s GDP in January-September 2020 at the level of 5.5%.
The Verkhovna Rada, Ukraine's parliament, has supported the bill on Ukraine's state budget for 2021 at first reading.
The Ukrainian government approved a decision on the allocation of UAH 1.4 billion from the state budget to pay off wage arrears to miners by the end of 2020, the Energy Ministry’s press service reports.
The Verkhovna Rada of Ukraine has approved amendments to the Budget Code as basis.
Minister of Infrastructure of Ukraine Vladyslav Kryklii discussed with Ambassador of Italy to Ukraine Davide La Cecilia the possibility of cooperation in the development of high-speed rail.
In January-October 2020, local budgets of Zakarpattia region received more than UAH 5 million in tourist tax payments, which is almost 20% less than in the same period last year.
The Finance Ministry has called on MPs to support the draft state budget of Ukraine for 2021, which will be put to the vote at first reading on November 5.
04 November 2020
Ukraine’s Ambassador to the People's Republic of China Serhiy Kamyshev met with Vice Minister of Agriculture and Rural Affairs of the People's Republic of China Zhang Taolin.
On November 6, the Cabinet of Ministers of Ukraine will present an economic audit of the country and a vision for economic development until 2030.
Coal towns of Donetsk region: VIEW ON JUST TRANSITION FOR MINING REGIONS
The air traffic in Ukraine fell by 56.4% in October 2020 compared to the relevant period last year, according to the Ukrainian State Air Traffic Services Enterprise (UkSATSE).
The Ministry of Finance of Ukraine and the European Bank for Reconstruction and Development discussed the current progress of implementation of projects supported by the EBRD in Ukraine and prospects for further cooperation.
Ukraine’s Donetsk region has fully completed the construction and reconstruction of 15 infrastructure facilities included in the Great Construction national program.
The Finance Ministry expects that the appointment of Andrii Kravets as Chairman of the Board of Ukrgasbank will ensure the continuation of successful operations of the financial institution, the ministry’s press service reports.
Ukraine uses global best practice to reform the management of state-owned enterprises.
The Ministry for Digital Transformation of Ukraine in cooperation with Facebook has launched an online training center for small and medium-sized businesses, the ministry’s press service reports.
03 November 2020
Ukraine’s SkyUp Airlines is expanding its international program from regions. Thus, flights to Istanbul from Lviv and Odesa will open from December 18, 2020.
Ukraine has the potential to fully meet its own needs for uranium mining, according to Head of the State Service for Geology and Mineral Resources of Ukraine Roman Opimakh.
The Ministry of Digital Transformation of Ukraine is working to ensure that the IT sector provides 10% of the country's GDP in a few years.
Leaders of all parliamentary factions and groups have agreed that the Verkhovna Rada will postpone the use of cash registers for the simplified taxation system until January 1, 2022.
Ukraine’s SkyUp Airlines will operate three non-scheduled flights on the Kyiv-Tashkent (Uzbekistan)-Kyiv route in November 2020, the airline's press service reports.
The Energy Ministry of Ukraine initiates the creation of the Decarbonization Fund, according to acting Energy Minister Olha Buslavets.
The State Customs Service of Ukraine transferred UAH 36.35 billion in revenues from customs payments to the state budget in October 2020, according to the agency’s website.
As of October 1, the share of non-performing loans (NPLs) in state-owned banks (excluding PrivatBank) decreased from 47.6% to 43.5%, the press service of the National Bank of Ukraine (NBU) wrote on Facebook.
02 November 2020
Most members of the Monetary Policy Committee of the National Bank of Ukraine (NBU) support the maintaining of the key policy rate at the level of 6% until the end of 2020 with the prospect of raising it in 2021.
PJSC Ukrnafta produced 119.7 thousand tonnes of oil and condensate and 89.3 million cubic meters of gas in September 2020, which is 3.2% and 5.9% lower, respectively, than in September 2019, according to the report posted on the company’s website.
Ukraine's State Agency for Tourism Development has signed a memorandum with Google on the development and digitalization of the Ukrainian tourism industry, the head of the agency, Mariana Oleskiv, has reported on Facebook.
Ukrainians kept over UAH 642 billion in Ukrainian banks as of October 1, 2020, the press service of the National Bank of Ukraine (NBU) has reported on Facebook.
Revenues of State Enterprise Ukrspyrt have grown due to a successful reform of state-owned companies, according to Prime Minister Denys Shmyhal.
31 October 2020
The IMF considers the launch of an electronic system for asset and income disclosure by Ukrainian high-level officials to be a critical element of bilateral cooperation and calls for enhancing the effectiveness of all Ukraine’s anti-corruption institutions.
30 October 2020
The Ministry of Energy of Ukraine will cooperate with KT Corporation, South Korea's largest telecommunications company, in the field of smart electricity metering.
The ambassadors of the G7 countries urge to continue corporate governance reforms at Ukraine's state-owned company Ukroboronprom.
The work of the preliminary assessment mission of the EU regarding Ukraine's readiness to conclude an Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA) has begun, according to the press service of the Ministry of Economy Ukraine.
Ukrainian exports showed sufficient resilience to crisis developments in 2020, in contrast to previous crises, in particular due to an increase in the share of food products in its structure.
The National Bank of Ukraine (NBU) forecasts that real wages in Ukraine will grow by 6.2% in 2020 and by 9.5% in 2021.