The recovery of the Ukrainian economy in the third quarter of 2020 will be facilitated not only by eased quarantine restrictions, but also by a revival of external demand and a boost in domestic consumption, the press service of the National Bank of Ukraine has reported.
As of September 17, Ukraine harvested 43.2 million tonnes of main crops, including almost 36 million tonnes of grain and leguminous crops from an area of 9.8 million hectares, or 64% of the forecast.
On September 21, Prime Minister of Ukraine Denys Shmyhal held an online meeting with Director of the European Department at the International Monetary Fund (IMF) Alfred Kammer, during which they discussed issues of bilateral cooperation.
Finance Minister Serhiy Marchenko has said that Ukraine intends to cut public debt by 3% in 2021.
21 September 2020
The freight turnover of Ukrainian transport enterprises in January-August 2020 shrank by 17.1% compared to the same period in 2019, to 185.7 billion tonne-kilometers, the State Statistics Service has reported.
Ivano-Frankivsk region needs an additional UAH 350 million to restore facilities affected by the June floods.
In the first half of 2020, enterprises of Ukraine’s agro-industrial holding company Myronivsky Hliboproduct (MHP) transferred UAH 1.59 billion of tax payments to the budgets of all levels, according to the company’s press service.
More than 27 billion cubic meters of gas have already been accumulated in Ukrainian underground gas storage facilities, the press service of NJSC Naftogaz of Ukraine reports.
The National Bank of Ukraine (NBU) sold $71 million on the interbank foreign exchange market over the past week, according to data provided by the central bank.
Ukraine's public debt will amount to 68% of GDP at the end of 2020, Ukrainian Finance Minister Serhiy Marchenko has said in an interview with Radio Free Europe/Radio Liberty.
Ukraine and Turkey have agreed to deepen cooperation to create joint programs in the space industry.
Finance Minister of Ukraine Serhiy Marchenko has announced that the government may envisage the provision of mortgage loans for 30,000 Ukrainian families in the state budget for 2021.
19 September 2020
Since the launch of the state program "Affordable Loans at 5-7-9%", Ukrainian entrepreneurs have received loans worth about UAH 8 billion, Finance Minister Serhiy Marchenko has said.
Prime Minister of Ukraine Denys Shmyhal believes that GDP growth at 4.6%, which is included in the draft state budget for 2021, is completely realistic.
18 September 2020
Shmyhal suggests resuming work of Ukraine-Bulgaria intergovernmental commission on economic cooperation
Prime Minister of Ukraine Denys Shmyhal has stressed that Ukraine is interested in deepening bilateral relations with the Republic of Bulgaria and suggested resuming the work of the Ukraine-Bulgaria Joint Intergovernmental Commission on Economic Cooperation.
Ukraine and Turkey have restarted the negotiation process on signing a free trade agreement.
Ukrainian Finance Minister Serhiy Marchenko has said that it will be possible to ensure health care expenditures at 5% of GDP by 2023.
The Ministry of Finance of Ukraine is currently discussing the parameters of the draft state budget of Ukraine for 2021with the International Monetary Fund.
July 1 - September 18, Ukraine exported 10.33 million tonnes of grain crops and legumes. Compared to the same period last year, the exports fell by 1.17 million tonnes.
17 September 2020
Secretary of Ukraine's National Security and Defense Council (NSDC) Oleksiy Danilov and China's Ambassador to Ukraine Fan Xianrong have discussed the further development of Ukrainian-Chinese cooperation in the political, economic and security spheres, noting that the trade between the two countries in 2019 amounted to $12.8 billion, the NSDC's press service has reported.
Ukrainian plants manufactured 121 vehicles in August 2020, which is 5.5 times less than in August 2019, according to the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm.
The Ukrainian government may extend the program of energy efficiency loans for 2021.
The European "green" course is an incentive for Ukraine to reform its energy system and become stronger as a state.
The renovated Dnipro International Airport will become another step by the state towards a civilized and comfortable public life, the President's Office has reported on Facebook.
16 September 2020
Land reform will provide additional impetus to more active lending to agricultural enterprises.
Since the beginning of the coronavirus pandemic, about 300,000 people have been employed in Ukraine, testifying to progress in the implementation of a program to create half a million jobs.
The Cabinet of Ministers has supported the national anti-corruption strategy for 2020-2024 developed by the National Agency on Corruption Prevention (NACP), taking into account technical and legal amendments.
Ukraine International Airlines (UIA) will launch five new international flights from Kyiv from October 1, the airline’s press service reports.
The draft state budget of Ukraine for 2021 takes into account the needs of the people and is likely to be implemented.