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US launches new program to support agribusiness in Ukraine.
The US government will launch a new project in Ukraine to support agriculture to replace terminated in 2016 a five-year program of the US Agency for International Development (USAID) «Agroinvest”. The journalists said the director of USAID Mission to Ukraine, Moldova and Belarus Jed Barton. Barton said that the US…
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Business in Ukraine proposed restructuring of foreign currency loans.
The relevant bill has already been submitted to the parliament. The Cabinet of Ministery of Ukraine submitted to the Verkhovna Rada a draft law “On financial restructuring”, developed by the Ministry of Finance together with the National Bank of Ukraine (NBU) and the Independent Association of Ukrainian Banks (NABU) as…
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The Cabinet of Ministry of Ukraine has registered in the Verkhovna Rada a bill on the abolition of the import levy on 1 January 2016.
The Cabinet of Ministery has developed and submitted to the Verkhovna Rada a bill №3533, providing for the abolition of additional import duties to 1 January 2016. The bill registered in the parliament on November 26. The project involves the Annulment of the Law “On measures to stabilize the balance…
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The trade surplus in October was $ 0.2 billion.
In October, the surplus of the consolidated balance of payments amounted to 229 million dollars (in October last year the deficit was 3.5 billion dollars). This is stated in the accounting data of the National Bank. The National Bank notes that the formation of a consolidated surplus of balance of…
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Fitch downgraded the rating of Ukraine in foreign currency.
International rating agency Fitch upgraded the rating of Ukraine in foreign currency to “CCC” after the restructuring of eurobonds. International rating agency Fitch raised the long-term issuer default ratings (IDR) of Ukraine in foreign currency from “RD” (restricted default) to “CCC”, according to a press release from the agency. Short-term…
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Ukraine received $ 560 million from the World Bank for the development of roads.
The World Bank will finance repairs to upgrade about 100 km of the road M-03 Kyiv-Kharkiv. The agreement on granting Ukraine a loan from the International Bank for Reconstruction and Development, World Bank Group (WB) in the amount of $ 560 million to finance the project of development of the…
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Increase Fitch and Moody’s ratings of Ukraine will facilitate access to international credit resources – the Ministry of Finance of Ukraine.
The Ministry of Finance considers raising agencies Fitch and Moody`s rating of Ukraine facilitate the country’s access to international credit resources. Increasing the international rating agencies Fitch and Moody`s rating of Ukraine facilitates the access of the country, as well as Ukrainian corporate borrowers to international credit. This is stated…
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IMF mission concluded its work in Ukraine-Fund expects to receive the state budget and tax reform.
The mission of the International Monetary Fund, is in Kiev from 12 to 20 November, concluded its work. The mission said the deepening of mutual understanding with the Ukrainian authorities and is waiting for approval of the budget and tax reforms in the framework of the EFF. This was said…
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Ukraine has joined the WTO agreement on government procurement.
Ukraine has joined the WTO Agreement on Government Procurement (Government Procurement Agreement, GPA), which will allow Ukrainian entrepreneurs to participate in international tenders. “Ukrainian application to join the GPA (Agreement on public procurement) has been unanimously approved by the parties to the agreement. The path that began in 2011 finally…
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Ministry of Finance of Ukraine in October issued government bonds for 2 billion UAH for credit Individuals Deposits Guarantee Fund.
In October, the Ministry of Finance issued bonds of domestic treasury bonds in the amount of 2 billion USD for crediting of the Individuals Deposits Guarantee Fund. This is stated in the message National Bank. “In October issue of government bonds was done in order to provide credit Individuals Deposits…