Long-term and short-term ratings on liabilities in national currency have been upgraded to “B- / B” from “CCC + / C”. International rating agency Standard & Poor’s upgraded the long-term and short-term sovereign ratings of Ukraine under obligations in foreign currency to “B / B” from “SD / D” (selective…
The changes take effect with the new year. At a meeting of the Cabinet of Ministers decided on the abolition of duties since the first time in January 2016. This was stated by Minister of Economic Development and Trade Aivaras Abromavicius. “From January 1, 2016 will be canceled temporary duty…
Investors will not have to transfer foreign currency deposits in the hryvnia. Non-residents are involved in the privatization of state property, can now make cash collateral (margin) in foreign currency without the mandatory conversion. This is discussed in the decision of the National Bank of Ukraine (NBU) №718, the press…
Treasury bill and Ukraine reserves replenished. Revenues of the state budget of Ukraine grew by 50% in the state treasury account amassed $ 5 billion. This was reported in the course of the Ukrainian-German business forum The Prime Minister of Ukraine Arseniy Yatsenyuk. Foreign exchange reserves increased from $ 6…
The Prime Minister of Ukraine Arseniy Yatseniuk expects growth of the Ukrainian economy in 2016 at 2%. “In 2016, the growth of the Ukrainian economy will be 2%. And we must understand that our economy is very dependent on the world, and vice versa,” – he said. The Board of…
The increase in production is from the beginning of the summer. The gradual growth of industrial production is an indicator of a gradual economic recovery. Excluding the seasonal factors: in March, Ukraine has always been the growth of industrial production and the August drawdown (typical for this month in recent…
The most promising areas for the Kazakhstan-Ukrainian cooperation are mining and smelting sector, transit potential, the agro-industrial complex, oil-gas, oil service, mechanical engineering, construction materials, information technology, metallurgy. In the near future plan will be prepared to increase the Kazakh-Ukrainian trade turnover in the years 2015-2016. Despite the decline in…
The loan of the European Investment Bank (EIB) to EUR 400 million will be directed to projects to modernize infrastructure in the agricultural sector of Ukraine and to the development of aquaculture. According to the report on the EIB’s website, the main areas for investment in Ukraine is the purchase…
The Cabinet of Ministers in September issued T-bills in the amount of 5 billion USD loan to the Deposit Guarantee Fund of individuals, said the National Bank. “In September issue of government bonds was done in order to provide credit Deposit Guarantee Fund in the amount of USD 5.0 billion…
In the United States raised the forecast harvest of sunflower 1 million tonnes. Ukraine is the world leader in the manufacture and export of sunflower oil. The USDA raised its forecast in October of sunflower production in Ukraine in 2015 by 1 million tons to 11 million tons compared with…
