The hryvnia weakened by 13% against the dollar over the year of the managed flexibility regime on the foreign exchange market, which at the same time helped curb inflation and improve the trade balance, the National Bank Governor Andriy Pyshnyi wrote this in an oped for Economic Pravda. “In the year of managed flexibility, the…
The city of Ivano-Frankivsk has three cogeneration units that generate electricity through gas combustion. There are plans to install three more, Ivano-Frankivsk Mayor Ruslan Martsinkiv has announced. “The Ivano-Frankivsk locomotive repair plant already has a cogeneration unit that generates electricity by burning medium-pressure gas. To date, three cogeneration units have been installed in our city.…
On October 1, the Ministry of Finance raised UAH 12.142 billion to the state budget at an auction for the placement of domestic government bonds. The ministry’s press service said this in a post on Facebook. “Today, the Ministry of Finance placed bonds worth more than UAH 12.1 billion,” the post reads. The Ministry of…
Ukrainian exporters increased physical sales of their goods by 36.2% YoY in January-September. In total, they exported 99.3 million tons. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine. “Over the past three quarters, we have exported almost 99.3 million tons of products worth $28.9 billion,…
The Franco-German defense conglomerate KNDS has opened a subsidiary in Kyiv that will focus on the maintenance and repair of its systems, including Leopard tanks, CAESAR artillery systems, PzH 2000 howitzers and the Gepard anti-aircraft tank. This information was announced on KNDS’s official website. “With around 800 systems in front deployment or under contract, as…
The objective of the Government and every state institution is to provide our defenders with everything they need to perform combat missions, to undergo treatment and rehabilitation and to pass from military to civilian life. Prime Minister Denys Shmyhal highlighted this during a Government session on October 1. He emphasizes that the security and defense…
In January-August, UAH 1.2 trillion was allocated from the state budget for the security and defense sector, including UAH 152 billion in August, the Ministry of Finance of Ukraine reported on Facebook. “In January-August, the expenditures of the general fund of the state budget for the security and defense sector amounted to UAH 1.2 trillion,…