Economy

Four countries may take interest in Ukrainian gas storage facilities.

Poland, Romania, Hungary, and Moldova may take interest in the Ukrainian gas storage facilities.

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Ukrainian govt's policy helps bolster Ukraine's economy – IMF representative office.

The International Monetary Fund (IMF) supports the policy being implemented by the government and the National Bank of Ukraine with the aim of bolstering the country's economy, the IMF Resident Representative Office in Kyiv said in a statement in ...

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Egg production in Ukraine grows by 3.4% in 2019

Egg production in Ukraine grew by 3.4% in 2019 year-over-year, the State Statistics Service of Ukraine has reported.

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Ukraine’s milk production decreases 3.7% in 2019

In 2019, milk production in Ukraine decreased by 3.7% compared to 2018, according to the State Statistics Service of Ukraine.

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Business expects further economic growth - NBU survey.

Ukrainian companies expect further economic growth and moderate inflation, according to a survey of company executives conducted by the National Bank of Ukraine (NBU) in the fourth quarter of 2019, the central bank's press service has reported.

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PM Honcharuk: Ukraine has all prerequisites for economic growth in upcoming years.

Prime Minister Oleksiy Honcharuk has stated that there are all prerequisites in Ukraine for economic growth in the upcoming years

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There are all prerequisites for resuming mortgage lending - Rozhkova.

The National Bank of Ukraine (NBU) believes that there are currently all the prerequisites for resuming mortgage lending to the general public, NBU First Deputy Head Kateryna Rozhkova has said.

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Ukrainians will be able to use Internet on planes – PM Honcharuk.

The Cabinet of Ministers of Ukraine has made it possible to use mobile Internet on flight at all phases, starting from boarding till getting off a plane.

EBRD invests over EUR 1 bln in Ukraine in 2019

The European Bank for Reconstruction and Development (EBRD) invested over €1.1 billion within 51 private and public sector projects in Ukraine, according to EBRD Senior Advisor on External Affairs Anton Usov.

NBU with great probability to cut forecast range for refinancing rate late Jan.

The National Bank of Ukraine (NBU) with a great probability to cut the forecast range for refinancing rate at the end of January 2020, Deputy NBU Governor Dmytro Sologub has said.

Volume of cashless transactions growing in Ukraine

The level of cash in the Ukrainian economy decreased to 9.2% of GDP in 2019 from 17.8% in 2014.

Finance Ministry intends to review strategy for state-owned banks.

The Finance Ministry intends to review the strategy for state-owned banks.

No triggers for Ukraine's value recovery instruments appear – Finance ministry.

Triggers that launch payments on Ukraine's value recovery instruments (VRIs) have not appeared, Ukrainian Finance Minister Oksana Markarova has said.

Deposit Guarantee Fund initiates restructuring of UAH 116 bln debt to Finance Ministry in 2020.

The Deposit Guarantee Fund initiates the restructuring of its UAH 116 billion debt to the Finance Ministry in 2020, Managing Director of the fund Svitlana Rekrut has said.

Ukraine approves strategy of financial sector development until 2025.

The National Bank of Ukraine, together with other regulators of the financial market, approved the Strategy of Ukrainian Financial Sector Development until 2025, according the NBU press service.

PM: macroeconomic situation allows Ukrainian economy to grow rapidly in coming several years.

The macroeconomic situation allows the Ukrainian economy to grow rapidly in the coming several years, Ukrainian Prime Minister Oleksiy Honcharuk has said.

Naftogaz secures 16% of revenues to state budget in 2019.

NJSC Naftogaz of Ukraine transferred UAH 120.3 billion of tax and dividend payments to the state budget in 2019, which makes up 16% of total state budget revenues, according the company’s communications department.

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Lithuanian companies interested in investing in Donbas - ambassador.

There are currently examples of Lithuanian companies being interested in investing in Donbas, Lithuanian Ambassador to Ukraine Marius Janukonis has said.

Merkel advocates for increasing investment in Ukrainian GTS.

German Chancellor Angela Merkel advocates for increasing investment in the Ukrainian gas transmission system in order to enhance its competitiveness.

Ukraine approves list of strategic enterprises not subject to privatization.

Ukraine's Cabinet of Ministers has approved a list of strategic enterprises that cannot be privatized, Prime Minister Oleksiy Honcharuk has reported on Telegram.

Finance Ministry attracts UAH 6 bln from domestic bonds’ sale.

The Ukrainian Finance Ministry attracted UAH 6 billion to the state budget from the sale of government domestic loan bonds on January 14, the Finance Ministry’s press service reported.

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Deposit Guarantee Fund intends to repay UAH 2 bln to Finance Ministry ahead of schedule.

Deposit Guarantee Fund intends to repay UAH 2 billion ahead of schedule to the Finance Ministry, the Fund’s press service has reported.

Chinese investors interested in development of Rivne airport.

The Rivne Regional State Administration and Chinese POWERCHINA have signed a memorandum on the development of Rivne International Airport, according to the administration’s press service.

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Foreign Ministry’s Exporters Council to cooperate with Singapore.

The Ukrainian Foreign Ministry’s Exporters and Investors Council and the Singapore Chinese Chamber of Commerce and Industry have signed a memorandum of cooperation.

Prystaiko announces visit of Singaporean businessmen to Ukraine.

In 2020, the second Ukraine-Singapore business forum will be held in Singapore, and a group of Singaporean businessmen will visit Ukraine, Ukrainian Foreign Minister Vadym Prystaiko has stated.

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