Consumer inflation in Ukraine in 2021 reached 10%, the press service of the National Bank of Ukraine (NBU) reported. “In 2021, consumer inflation was 10%. The target of 5% + 1% was exceeded more significantly than expected a year ago. To a large extent, inflationary trends in Ukraine reflected global processes,” the report says. The…
Ukrainian Foreign Minister Dmytro Kuleba and Danish Prime Minister Mette Frederiksen have discussed the issues of support for Ukraine’s economic and financial stability. The meeting was held as part of an official visit of the Ukrainian Foreign Minister to Copenhagen on January 27. The parties agreed on further participation of Denmark in supporting the reform…
In July-December 2021-2022 MY, Ukraine exported record 15.9 million tons of wheat, up by 27% YoY. Traditionally, North Africa (24%), Middle East (24%) and Southeastern Asia (23%) were the leading importers of Ukrainian wheat. Particularly, the shipments to Southeastern Asia remained virtually unchanged at 3.7 million tons, supplies to North Africa increased by 20%, to…
Asian countries will experience the energy crisis that may arise in Europe as a result of possible Russia’s invasion of Ukraine. “When you have an energy crisis in Europe, that means we have an energy crisis in Asia simultaneously. Because if Europe feels the necessity to buy more gas, they go to Qatar and they…
As of January 1, 11 banks provided loans for a total sum of UAH 7.35 billion under state guarantees on a portfolio basis, the Finance Ministry’s press service reported. “As part of the support for micro-, small- and medium-sized businesses in Ukraine through the instrument of state guarantees on a portfolio basis, as of January…
Ukraine is implementing 25 public sector projects worth EUR 5.2 billion in cooperation with the European Investment Bank (EIB), according to the press service of the Finance Ministry. “Currently, the EIB’s project portfolio in the public sector includes 25 projects worth EUR 5.2 billion, three more projects worth EUR 570 million are at the stage…
Continued escalation without military invasion is also part of Russia’s scenario, which has a strong impact on the Ukrainian economy and stability of the banking sector. This was stated by Deputy Prime Minister for European and Euro-Atlantic Integration, Olha Stefanishyna, who spoke on the sidelines of an international symposium dedicated to the Babyn Yar tragedy.…