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Archive for December 2016

  • Currency bonds should replace 600 million euros of aid from the EU.

    The Ministry of Finance will offer currency bonds with maturities of 17, 18 and 20 months and bonds in national currency with maturities of 6-12 months. The Ministry of Finance has already made changes in the schedule of primary auctions for the placement of government bonds in December. In particular,…

  • The EBRD opened a second representative office in Ukraine.

    The EBRD opened a second representative office in Ukraine and created another 15 regional business support centers. The European Bank for Reconstruction and Development opened a new regional office in Ukraine – in the city of Kharkov. This is reported in a press release of the organization. The office will…

  • Ukraine exported goods worth $ 4.6 billion.

    In the first nine months of 2016, exports of precious and semiprecious stones, chemical products and vehicles decreased. The deficit of the current account of the balance of payments for the nine months of 2016 will be $ 2.7 billion, while during the same period of the previous year the…

  • The Ministry of Economic Development and Trade forecasts inflation at the end of the year at the level of 13.1-13.6%.

    The rise in prices is due to seasonal demand growth, insignificant pressure on the foreign exchange market and rising volatility of prices on world commodity markets, report to the Ministry of Economic Development. “The risk of inflation in the coming months will be worsening expectations of the society, as well…

  • The balance of payments deficit declined to $ 234 million.

    In January-October 2016, the current account balance was negative and amounted to $ 2.5 billion. In October 2016 the current account deficit of the balance of payments decreased to $ 234 million. The National Bank notes that the deficit narrowed, primarily due to the return of the primary income account…

  • Revenues of the consolidated budget in October increased by 30.5%.

    For 10 months revenues of the consolidated budget amounted to UAH 594.4 billion (78.7% of the annual plan) and were 14.1% higher than in January-October 2015. In October 2016, the pace of filling the budget was accelerated thanks to the National Bank of Ukraine, which finally transferred 10 billion UAH…

  • Ukraine’s economy grew by 1.2%

    Ukraine’s GDP grew by 1.2% over 10 months in 2016. With this in mind, the Ministry of Economic Development and Trade leaves GDP growth forecast at 1%. The main factors of the positive dynamics of the GDP in January-October of 2016 began to increase in the world prices for the…

  • Ukraine and Kuwait have great prospects for cooperation in the energy sector.

    Today the meeting of Minister of Energy and Coal Industry of Ukraine, Igor Nasalyk Extraordinary and Plenipotentiary of the State of Kuwait Mr. Rashid Al-Advani. The meeting was held to discuss the revitalization of the Commission and of its next meeting. Igor Nasalyk outlined directions of reforms in Ukraine’s energy…

  • Standard & Poor’s Global Ratings announced the timing of the Ukraine IMF money.

    Next tranche of the bank loan International Monetary Fund may provide Ukraine by July 1. This opinion was expressed by experts dealing with Standard & Poor’s Global Ratings analytical studies of the financial markets of the company. The report of the subsidiary McGraw-Hill American corporation said: “Most likely, in the…

  • Export of wheat amounted to 1402.1 thousand tons in November.

    Wheat exports fell to 1402.1 thousand tons in November, against 2060.2 thousand tons in October. This was reported by the State Fiscal Service. In January-November exports of wheat amounted to 16.5 million tons.

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