Draft state budget for 2022: Spending on healthcare projected at UAH 193B
In the draft state budget of Ukraine for 2022, the Cabinet of Ministers has envisaged UAH 193 billion for the healthcare sector.
Economy - Latest news
15 September 2021
Draft state budget for 2022 projects almost UAH 8 billion for digitalization of economy
In the draft State Budget of Ukraine for 2022, the Cabinet of Ministers suggests allocating almost UAH 8 billion for projects on digitalization of the economy.
Ukraine's GDP expected to grow by 3.8% in 2022 - Marchenko
Ukraine's draft state budget for 2022 envisages economic growth of 3.8%, inflation at 6.2% and an average annual exchange rate of UAH 28.6 per U.S. dollar, Finance Minister Serhii Marchenko has said.
Government approves draft agreement on air services with Ethiopia
The Cabinet of Ministers of Ukraine has approved a draft agreement on air services with the Government of the Federal Democratic Republic of Ethiopia.
Ukraine’s GDP grew by 2.1% in Jan-July 2021 – Economy Ministry
In January-July 2021, Ukraine’s gross domestic product (GDP) grew by 2.1% compared to the same period last year, according to data provided by the Ministry of Economy.
Cabinet of Ministers approves Ukraine's draft state budget for 2022
The Cabinet of Ministers at a meeting on September 15 approved a draft law on Ukraine's state budget for 2022.
PM Shmyhal: Second tranche from EU will boost economic recovery in Ukraine
The European Commission's decision to provide Ukraine with EUR 600 million as the second tranche of macro-financial assistance will give Ukraine the opportunity boost economic recovery from COVID-19.
G7 Ambassadors support plans to reform and develop infrastructure in Ukraine
G7 Ambassadors heard from Minister of Infrastructure of Ukraine Oleksandr Kubrakov on plans to reform and develop infrastructure in Ukraine and expressed their support.
Ukrgasvydobuvannya transfers UAH 1B of rent payments to local budgets
JSC Ukrgasvydobuvannya transferred UAH 1 billion of rent payments to local budgets in January-August 2021, according to the company’s press service.
Finance Ministry places government bonds for UAH 1.2B
On September 14, the Ministry of Finance raised UAH 1.17 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry's press service.
Ukraine’s exports grow by more than 33% in Jan-July 2021
In January-July 2021, compared to the same period in 2020, Ukraine’s imports of goods increased by 28.6% to $37.24 billion, exports - by 33.4% to $35.51 billion, according to the State Statistics Service.
14 September 2021
Ukraine implementing important reforms that help attract investment – Shmyhal
Ukraine’s government is implementing a number of important reforms designed to ensure the development of the state, as well as to help increase investment, Prime Minister Denys Shmyhal has said.
Ryanair resumes Bydgoszcz-Kyiv flights
The Irish low-cost airline Ryanair will resume flights from the Polish city of Bydgoszcz to Kyiv's Boryspil Airport in late October, an Ukrinform correspondent reports citing the press service of Bydgoszcz Airport.
Ukrainian PM reveals main parameters of draft state budget for 2022
The revenues of Ukraine's draft state budget for 2022 are projected at UAH 1.277 trillion, expenditures at UAH 1.465 trillion, and the budget deficit at UAH 188 billion, Prime Minister Denys Shmyhal has said.
Armenia interested in cooperation with Ukraine in field of nuclear and renewable energy
Within the framework of the 8th meeting of the Armenian-Ukrainian Intergovernmental Commission on Economic Cooperation, Deputy Energy Minister of Ukraine for European Integration Yaroslav Demchenkov and Deputy Minister of Energy Infrastructures and Natural Resources of the Republic of Armenia Hakob Vardanyan held a bilateral meeting.
Shmyhal: UkraineInvest has received applications worth over $2 B from 23 investors
The Investment Promotion Office (UkraineInvest) has received 23 project applications from potential investors totaling more than $ 2 billion.
PM Shmyhal: Ukraine expecting to get IMF tranche late November - early December
Ukraine expects that the next tranche under the ongoing cooperation program with the International Monetary Fund (US$750 million) may arrive in late November or early December.
Cabinet appoints Ukravtodor head
The Cabinet of Ministers of Ukraine has dismissed Serhiy Telenyk as deputy minister of economy.
Melnyk plans to launch Bureau of Economic Security by late November
Director of the Bureau of Economic Security (BES) Vadym Melnyk plans to launch the agency by the end of November.
Authorities to allocate almost US$10 M for covering miners’ wage arrears
In the near future, Ukraine authorities will designate UAH 261 million (almost US$10 million) to Ukrainian miners to repay wage arrears.
Ukrainian power system is 90% ready for heating season - PM Shmyhal
The Ukrainian power system is 90% ready for the upcoming heating season – Ukraine has already pumped 18 billion cubic meters of natural gas into gas storage facilities, Prime Minister Denys Shmyhal has said.
All alcohol and tobacco products grow in price in Ukraine
From August 2020 to August 2021, beer, wine, vodka and cigarettes in Ukraine grew in price, according to the State Statistics Service.
Government considers NBU policy to be effective – PM Shmyhal
Prime Minister of Ukraine Denys Shmyhal has said that the policy pursued by the National Bank of Ukraine (NBU) in the past two years has proved to be effective, and the regulator's cooperation with the government is taking place “in a working way”.
Agrarian Policy Ministry: Ukraine interested in UAE’s investment in irrigation sector
The Ministry of Agrarian Policy and Food of Ukraine has expressed interest in attracting investments from the United Arab Emirates’ institutions and companies in the irrigation sector.
Shmyhal says Ukraine will fulfill this year's UAH 12B privatization plan
The State Property Fund should ensure planned revenues to the budget in the amount of UAH 12 billion from the large-scale privatization of state-owned enterprises by the end of the year, Ukrainian Prime Minister Denys Shmyhal has said.
Ukraine, Kuwait discuss ways to enhance investment and economic cooperation
Ukraine’s Ambassador to the State of Kuwait Oleksandr Balanutsa has met with Assistant Foreign Minister for Economic Affairs of Kuwait H.E. Ambassador Sami Abdulaziz Ahmad Alhamed.
Ukraine expects IMF mission’s arrival next week – Finance Ministry
Ukraine expects a mission of the International Monetary Fund to arrive in the country next week, Ukrinform reports with reference to the press service of the Ministry of Finance.
NBU Council approves monetary policy guidelines for 2022
The Council of the National Bank of Ukraine (NBU) has approved the Monetary Policy Guidelines for 2022 and the medium term.
13 September 2021
Ukrainian PM, World Bank vice president discuss bilateral cooperation
Ukrainian Prime Minister Denys Shmyhal has met with the World Bank's Vice President for Europe and Central Asia, Anna Bjerde, to discuss the continuation of constructive bilateral cooperation, according to the website of the Ukrainian government.
Ukraine’s electricity imports rose almost 22 times in August - Ukrenergo
In August 2021, Ukraine’s total volume of electricity exports decreased by 6.1%, to 344.1 million kWh, whereas imports rose 21.9 times, to 27.1 million kWh, Ukrinform reports with reference to the press service of Ukrenergo National Power Company.