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Archive for March 2015

  • The Cabinet of Ministers of Ukraine introduced a bill to the Parliament on the facilitation of business.

    The Cabinet of Ministers introduced to the Verkhovna Rada a draft law «On Amendments to the Tax Code of Ukraine (regarding simplification of the business environment)». The corresponding bill under the number 2381 is available on the website of the Parliament. Recall, last week the Minister of Economic Development and…

  • The monetary base in Ukraine in February 2015 increased by 1.5%.

    The monetary base in Ukraine after falling 1.9% in January rose in February by 1.5% – up to 331.6 billion UAH, and cash out of banks – just 3.5%, to 283.8 billion UAH. According to the National Bank of Ukraine, the money supply over the past month increased by 21.5%…

  • Fitch predicted growth of international reserves in Ukraine.

    Rating agency admits that the end of 2015 reserves Ukraine could reach $ 13 billion. International reserves of Ukraine the favorable developments may reach $ 13 billion this year, according to Senior Director of Fitch Paul Roukins. Roukins suggested that this amount «seems big enough» to help Ukraine cope with…

  • Ukraine and Germany agree on March 17 release of 500 million euro loan.

    This was announced by Deputy Prime Minister – Minister of Regional Development, Construction and Housing and Communal Services of Ukraine Gennadiy Zubkov. «During a meeting with German Chancellor Angela Merkel discussed the relative attraction of the loan KFW Bank to recover the eastern part of Ukraine, as well as uses…

  • National Bank of Ukraine joined the foreign exchange reserves of $ 2.5 billion.

    National Bank of Ukraine joined the foreign exchange reserves by $ 2.5 billion from the resulting tranche of the International Monetary Fund. This was reported by the Head of the NBU Valeriya Gontareva. «The IMF has listed about $ 5 billion and the National Bank of Ukraine has already received….

  • China is ready to invest $ 3.6 billion in coal enterprises of Ukraine.

    The Ukrainian government has consulted with Chinese financial institutions that have confirmed their readiness to allocate funds in the amount of $ 3.6 billion for completion and modernization of the mines. Subsidies to the coal industry does not provide state budget of Ukraine in 2015, while China is ready to…

  • The IMF expects Ukraine’s GDP growth of 2% in 2016.

    In 2015 GDP will shrink by about 5.5%, with inflation up to 27%. Restoration of GDP growth to 2% is expected in 2016. Real gross domestic product of Ukraine is expected to decline in 2015 by approximately 5.5%, with inflation up to 27% in response to the devaluation of the…

  • Canada will invest 20 million Canadian dollars in the dairy business in Ukraine.

    Canada intends to invest 20 million Canadian dollars in the development of the dairy business in 4 areas until 2022 money will go to the creation and maintenance of dairy cooperatives. Canadian investors are interested in the development of small and medium-sized producers of milk in Ukraine. In the years…

  • The International Monetary Fund has allocated Ukraine $ 17.5 billion.

    The International Monetary Fund reviewed the program of cooperation with Ukraine for a period of 4 years and decided to allocate 17.5 billion dollars, according to the website of the organization. The Board considered the IMF «Ukraine’s application for the program «Extended Fund Facility» and the termination of the program…

  • Sweden will provide Ukraine a loan of more than $ 100 million.

    Swedish Prime Minister Stephen Leven said that the Swedish government has decided to grant Ukraine a loan of more than $ 100 million. Interest on this loan, the Swedish government decided to take over. In the framework of cooperation between Ukraine and Sweden Ukrainian side for seven years will be…

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