Corporate loan portfolio of banks grew by 2.7% in May – Danylyshyn
The portfolio of corporate loans of banks grew by 2.7% in May, Chairman of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn wrote on Facebook.
Economy
Ukraine’s electricity exports exceed imports by more than 13 times in May
In May 2021, Ukraine’s total volume of electricity exports amounted to 460 million kWh, which is 13.2 times more than the total volume of electricity imports, which totaled 34.9 million kWh over the reporting month, Ukrinform reports with reference to the press service of Ukrenergo National Power Company.
EBRD provides Ukrgasbank with EUR 25M loan for development of Ukrainian business
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 25 million loan to Ukrgasbank to promote the development of Ukrainian business, the Bank's press service reports.
Ukrzaliznytsia increased freight cars turnover by 9.7%
From June 1 to June 15, 2021, JSC Ukrzaliznytsia increased the turnover of freight cars by 9.7% compared to the same period in 2020, to 7.03 days, Ukrinform reports with reference to the company’s press service.
Third meeting of Ukraine-North Macedonia intergovernmental commission held in Kyiv
Kyiv city hosted the third meeting of Ukraine-North Macedonia Intergovernmental Commission on Trade and Economic Cooperation, Ukrinform reports with reference to the Economy Ministry’s press service.
Ukraine’s milk production decreased by 5.3%
Milk production in Ukraine decreased by 5.3% between January-May 2021 compared with the same period in 2020, according to the State Statistics Service of Ukraine.
Razumkov: Ukraine interested in increasing bilateral economic cooperation with U.S.
Ukraine is interested in increasing trade and economic cooperation with the United States, its largest strategic partner.
16 June 2021
NBU, EBRD discuss financial sector reform in Ukraine
The National Bank of Ukraine and the European Bank for Reconstruction and Development (EBRD) discussed the current state of development of the Ukrainian financial sector, its further reform, and a number of topical issues of bilateral cooperation, according to the NBU press service.
PM: Cabinet allocates UAH 4.5B for infrastructure repairs in communities
The Cabinet of Ministers has allocated UAH 4.5 billion to repair infrastructure in communities, Prime Minister of Ukraine Denys Shmyhal has said.
Kuleba: Berlin’s position on Nord Stream 2 may change after elections
Minister of Foreign Affairs of Ukraine Dmytro Kuleba admits that Germany may change its position on Nord Stream 2 project after the elections in the country.
State Property Fund planning to hold 3-4 auctions within large-scale privatization in 2021
The State Property Fund of Ukraine is planning to hold 3-4 auctions for the sale of large-scale privatization facilities by the end of the current year, according to Head of the State Property Fund Dmytro Sennychenko.
Almost all participants in privatization are Ukrainian business representatives – Sennychenko
About 99% of all participants in privatization in Ukraine are representatives of the Ukrainian business, according to Head of the State Property Fund Dmytro Sennychenko.
Ukraine exported more than 4.4M tonnes of sunflower oil in MY 2020/2021
From September 2020 to May 2021, Ukraine exported 4.42 million tonnes of sunflower oil, which is 82.1% of the amount envisage in the memorandum for the current marketing year, according to preliminary data provided by Ukroliyaprom Association.
Finance Ministry places government bonds for almost UAH 8B
On June 15, 2021, the Ukrainian Finance Ministry raised more than UAH 7.97 billion towards the state budget as a result of auctions on the placement of domestic government bonds, the Finance Ministry wrote on its Facebook page.
Ukraine, North Macedonia deepening trade and economic cooperation
On June 15, First Vice Prime Minister of Ukraine – Minister of Economy of Ukraine Oleksiy Lyubchenko met with Minister of Economy of the Republic of North Macedonia Kreshnik Bekteshi to discuss key issues of trade and economic cooperation.
SkyUp expands flight program to Greece
The Ukrainian low-cost carrier SkyUp Airlines is expanding its flight program to Greece by adding a flight to Thessaloniki from Kyiv, the airline’s press service reports.
Investors from Canada plan to set up ammunition factory in Ukraine
State Concern Ukroboronprom and investors from Canada have started cooperation on the establishment of an ammunition factory in Ukraine and are already working on pre-project documentation for the enterprise.
15 June 2021
Ukraine, Jordan agree on new form of certificate for live sheep exports
The State Service of Ukraine on Food Safety and Consumer Protection has agreed with the Ministry of Agriculture of the Hashemite Kingdom of Jordan on a new form of veterinary certificate for the export of sheep for slaughter, which was developed after the Jordanian side provided new requirements for the implementation of export procedures.
Shmyhal explains what is needed for success of anti-corruption reform
It is necessary to implement three vectors of institutional change for the success of anti-corruption reform: reducing the state's share in the economy, developing market relations and creating new competitive markets, reforming fiscal and regulatory agencies.
PM Shmyhal: Oligarchic system of relations slows down development of our country
The oligarchic system of relations that has formed in Ukraine slows down the country's development and reduces the chances of an "economic miracle."
Parliament ratifies amendments to Netherlands-Ukraine double taxation convention
The Verkhovna Rada of Ukraine has ratified the protocol amending the Convention between Ukraine and the Kingdom of the Netherlands for the avoidance of double taxation and the prevention of fiscal evasion regarding taxes on income and capital, according to the Finance Ministry’s press service.
Zelensky supports transfer of railway stations into concession
President Volodymyr Zelensky has said he supports the transfer of interior premises of railway stations into concession.
Ukraine to launch first pilot hydrogen projects in 2022
Ukraine will launch its first pilot hydrogen projects in 2022.
Zelensky on cooperation with IMF: We will definitely do everything we promised
President Volodymyr Zelensky has said that further Ukraine's cooperation with the International Monetary Fund (IMF) is important for economic stability and investment climate.
NBU bought $375M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $375 million on the interbank foreign exchange market last week, according to data provided by the central bank.
14 June 2021
Minister Lyubchenko: Ukraine has not utilized more than $7 B in investment
Ukraine has not utilized more than $7 billion in investment resources for social and environmental projects from the World Bank, EBRD, and other international donors.
Motor Sich, Ukroboronprom working on creation of regional airline
A regional airline is planned to be created on the basis of Motor Sich JSC, Honorary President of Motor Sich JSC Vyacheslav Boguslayev has said.
Total volume of Ukroboronprom’s production grows 21% - Husev
The total volume of production at enterprises of the state concern Ukroboronprom rose by 21% in January-April 2021 compared to the same period in 2020, according to Ukroboronprom’s Director General Yuriy Husev.
Government planning to create special fund for restructuring coal regions
The government is planning the launch the restructuring of Ukraine's coal regions with the support of European partners this year, and a dialogue with partners on the establishment of a multi-donor fund is underway, Prime Minister Denys Shmyhal has said.