Ukraine: strategy for reforming public finance management system for 2022-2025 approved

The Cabinet of Ministers has approved the strategy for reforming the public finance management system for 2022-2025, the Finance Ministry’s press service has reported. “An order “On the approval of the strategy for reforming the public finance management system for 2022-2025″ was adopted at a government meeting on December 29, 2021. The Finance Ministry drew…

Ukraine: average salary up in November 2021

In November, the average nominal salary in Ukraine stood at UAH 14,300, up 2.4-fold from the minimum wage. It increased by 19.2% against November 2020, while real wages were up by 8%. Compared to October, the average salary in November rose by 1.7%, the Ministry of Economy reported. “Despite the introduction of additional quarantine restrictions…

Ukraine: almost $2.5 billion from international partners received

In 2021, Ukraine has received almost $2.5 billion from international financial organizations. “In 2021, we have continued to actively cooperate with international financial organizations and this year Ukraine received significant support from international partners, which shows confidence in Ukrainian institutions. In total, Ukraine has received almost $2.5 billion from the IMF, European Union, World Bank,…

Ukraine: gas deal signed with Hungary

Ukraine: gas deal signed with Hungary Gas TSO of Ukraine and FGSZ, Hungary’s gas transmission system operator, have concluded an agreement for the supply of a guaranteed volume of natural gas from Hungary to Ukraine starting from January 1, 2022, Sergiy Makogon, CEO Gas TSO of Ukraine, LLC, has announced. “I have good news on…