NBU: Inflation to remain in range of 10-11% in coming months
The National Bank of Ukraine (NBU) predicts that in the coming months, inflation will remain in the range of 10-11% due to both temporary and fundamental pro-inflationary factors.
Economy - Latest news
13 September 2021
NBU provides UAH 3B in refinancing to seven banks
The National Bank of Ukraine (NBU) provided a total of UAH 3 billion in refinancing to seven banks, Ukrinform reports, referring to the central bank’s press service.
Almost 36,000 ha of agricultural land sold in Ukraine
As of September 13, Ukraine registered 15,533 agreements on the purchase and sale of agricultural land, Ukrinform reports, referring to the press service of the Ministry of Agrarian Policy and Food.
Launch of Nord Stream 2 could cause political destabilization - Vitrenko
Naftogaz of Ukraine CEO Yuriy Vitrenko has warned that the launch of Russia's Nord Stream 2 gas pipeline could lead to political destabilization.
NBU purchased $79M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $79.1 million on the interbank foreign exchange market last week, according to data provided by the central bank.
PM Shmyhal: 2022 draft budget provides for increase in healthcare spending
The draft state budget for 2022, which the Cabinet of Ministers is planning to submit to Parliament on September 15, provides for an increase in healthcare spending and support for the economy.
11 September 2021
Ukraine can offer world its digital services – Trade envoy
Ukraine can be economically attractive in various industries, including digital services.
10 September 2021
Preparations for 4th meeting of Ukraine-UAE intergovernmental commission discussed at MFA
Deputy Minister of Foreign Affairs of Ukraine Dmytro Senik discussed with Ambassador of the United Arab Emirates to Ukraine Salem Ahmed Ali Al-Kaabi preparations for the fourth meeting of the Joint Intergovernmental Commission on Trade and Economic Cooperation to be held in Abu Dhabi in late 2021 - early 2022.
World Bank vice president to visit Ukraine on Sept 12-15
World Bank (WB) Vice President for Europe and Central Asia Anna Bjerde will pay her first official visit to Ukraine on September 12-15.
Ukraine’s grain exports exceed 10M tonnes
Ukraine has exported 10.29 million tonnes of grain and leguminous crops so far in the 2021/2022 marketing year (MY, started on July 1, 2021), which is 1.085 million tonnes more than in the same period of the previous MY, according to the Ministry of Agrarian Policy and Food.
U.S. to expand aid to Ukraine – Markarova
The United States will expand its assistance to Ukraine in countering Russian aggression, Ukraine's Ambassador to the U.S. Oksana Markarova has said.
Kuleba: U.S. Eximbank funds to be used for projects with production localization in Ukraine
Ukrainian Minister for Foreign Affairs Dmytro Kuleba has said that funds received from the Export–Import Bank of the United States will be used for joint projects with the localization of part of production in Ukraine.
Zelensky on cooperation with China: Ukraine chooses business partners by itself
President Volodymyr Zelensky says he does not feel the open influence of the United States on cooperation between Ukraine and China.
Ukrtransnafta decreases oil transportation by 4.9% in August
JSC Ukrtransnafta transported 1.4 million tonnes of oil in August 2021, which is 4.9% less than in the same period last year, according to a press release issued by Naftogaz Group, which is available to Ukrinform.
Poland’s PGNiG seeks to extract gas in Western Ukraine – Morawiecki
Poland is interested in gas production in Western Ukraine, which will allow becoming more independent of Russia in the energy sector.
Consumer prices in Ukraine down 0.2% in August
In August 2021, consumer prices in Ukraine decreased by 0.2% compared to the previous month, according to the State Statistics Service.
U.S. State Department comments on Naftogaz developments
The United States is concerned over the resignation of independent members of the Supervisory Board at Ukraine’s energy company Naftogaz of Ukraine, calling on the government to resolve the issue positively.
Poland's support very important for Ukraine's integration into ENTSO-E – Shmyhal
Poland's political and technical support for the synchronization of the Ukrainian power system with the European Network of Transmission System Operators for Electricity (ENTSO-E) is extremely important.
09 September 2021
From Q4 2021, NBU to cancel anti-crisis monetary measures
From the beginning of the fourth quarter, the National Bank will suspend long-term refinancing and interest rate swap transactions
NBU predicts inflation in Ukraine will slow by year-end
Inflation in Ukraine will slow to single-digit levels at the end of this year and will gradually return to 5% next year, the National Bank of Ukraine (NBU) has said.
NBU raises discount rate to 8.5%
The National Bank of Ukraine (NBU) has decided to raise the discount rate to 8.5%.
Tourist tax revenues in Zakarpattia region grow almost 83% in Jan-Aug 2021
In January-August 2021, tourist tax revenues in Zakarpattia region rose by 82.6% compared to the same period last year, to UAH 6.916 million.
World Bank to allocate $230M to Ukraine to fight COVID-19 by Dec
The World Bank is ready to allocate $230 million to Ukraine by December 2021 as part of the COVAX initiative, the Ukrainian Finance Ministry's press service has reported.
Ukraine, Thailand agree on constituent meeting of Joint Trade Commission
Ukraine and Thailand have agreed to hold a constituent meeting of the Joint Trade Commission in the near future so that to increase trade and strengthen business ties.
Hryvnia remains only legal tender – NBU chief on cryptocurrency legalization
The Head of the National Bank, Kyrylo Shevchenko, has welcomed the law on virtual assets, adopted by Parliament, while noting that the hryvnia remains the only legal tender in Ukraine.
Shmyhal, Kazakh PM discuss trade and investment cooperation
Prime Minister of Ukraine Denys Shmyhal and Prime Minister the Republic of Kazakhstan Askar Mamin have discussed trade, infrastructure and investment cooperation between the two countries.
08 September 2021
Ukraine, Kenya agree to intensify bilateral relations
Minister of Foreign Affairs of Ukraine Dmytro Kuleba has received a Kenyan delegation, which is currently visiting Ukraine.
Ukrainians able to get to America and Asia with new UIA flights
Ukraine International Airlines (UIA) gradually continues to restore the original network of routes and offers passengers alternative flight options. At present, passengers can take advantage of special SPA fares on UIA and partner flights and travel to more remote parts of the world, despite the limitations associated with a global pandemic, the airline’s press service has reported.
Passenger traffic at Boryspil Airport grows 66% this year
In January-August 2021, Boryspil International Airport served 5,816,254 passengers, which is 66% more than in the same period of 2020, Ukrinform reports, referring to the airports’ Facebook page.
Number of nonbank market participants decreased in August - NBU
In August 2021, eight new companies entered the nonbank financial services market in Ukraine, while 13 companies left the market, Ukrinform reports, referring to the press service of the National Bank of Ukraine (NBU).