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Archive for May 2016

  • Ukraine may get $ 1.7 billion from the IMF before the end of June – Moody”s.

    The rating agency expects that the Fund was likely to provide Ukraine the next tranche of $1.7 billion before the end of the current semester. Ukraine before the end of the semester will receive the next tranche from the key creditor countries the International Monetary Fund in the amount of…

  • The IMF mission started its work in Ukraine.

    The mission of the International Monetary Fund on May 10 started its work in Ukraine. “The mission will work in Kiev in the period up to May 18 in the framework of the second review of the expanded program funding EFF”, – he said. Earlier the head of the Fund’s…

  • The mandatory state registration of foreign investments may be canceled.

    The Verkhovna Rada adopted in first reading a bill on the abolition of mandatory state registration of foreign investments. The Verkhovna Rada intends to cancel the mandatory state registration of foreign investments. For the adoption of the first reading of the bill №2763 voted 261 deputies at the minimum required…

  • According to the EBRD Ukraine’s economy will grow in 2016.

    The European Bank for Reconstruction and Development retained the growth forecast for Ukraine at the level of 2% in 2016 and 2% – in 2017. The European Bank for Reconstruction and Development predicts that Ukraine’s economy will return to growth in 2016 against the background of the previous macroeconomic adjustment…

  • Reaching agreement on a new Memorandum with the IMF is a matter of weeks.

    The updated Memorandum of cooperation with the International Monetary Fund may be agreed in the coming weeks, the Head of the Ministry of Finance Alexander Danyluk. “Now, when a new government is appointed, that is, there is a second party (the agreement), to agree on a new memorandum is a…

  • Gold and currency reserves of Ukraine increased by 4.1% in April.

    Month reserves Ukraine increased by 4.1% The representative of the press service of the Ukrainian Rates reported that according to available data the regulator, last month the total volume of gold and currency reserves of the NBU increased by 519.5 million USD(or 4.1%) and reached a level of 13 240.99…

  • Global demand for Ukrainian wheat growing.

    Following July-March 2015/16 MG Ukraine exported 12.9 million tons of wheat, which has an absolute-season record and a 34% increase over the same period of the previous MY (9.6 mln.tons). It should be noted that Ukrainian grain is a significant share in the procurement of the countries included in the…

  • Exports of IT-services in Ukraine rose to 2.1 billion USD in 2015.

    Ukraine increased the volume of export of IT-services by 17% in 2015, in quantitative terms, it rose to 2.1 billion dollars, the press service of the NBU. According to the press office, IT – is the only type of service exports, which rose steadily over recent years. “The largest part…

  • Germany promises to Ukraine millions euros of grants and loans for reform.

    Germany has provided and will continue to assist Ukraine in implementing reforms, including financial. This was stated by Secretary of the Foreign Ministry of Germany Stefan Shtaynlyayn, speaking at a conference of the German-Ukrainian civil society. “Germany supports Ukraine in the process of transformation support package Germany Ukraine is one…

  • The IMF has predicted a record growth of the Ukrainian economy.

    IMF staff calculations suggest that real GDP growth in Ukraine will reach 1.5% in 2016. This is evidenced by the data published on Friday, the IMF report “Regional Economic Aspects” for the countries of Central, Eastern and South-Eastern Europe. “It is expected that Ukraine will enter the period of record…