President of Ukraine Volodymyr Zelensky and President of Ukraine Recep Tayyip Erdogan in a phone conversation have discussed issues related to the conclusion of a free trade agreement between the two countries. “Ukraine-Turkey partnership is deepening. It’s already strengthening the armed forces of our countries. The expected FTA will also contribute to economic growth. Talked…
The Ukrainian Ministry of Finance raised UAH 8.159 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “At auctions for the placement of domestic government bonds, the Finance Ministry offered investors seven issues of securities in the national currency. Overall, UAH 8,159 million…
In January-September, compared to the same period in 2020, Ukraine’s imports of goods grew by 31.9%, to $50.35 billion, and exports – by 38.2%, to $48.38 billion, according to the State Statistics Service. Thus, Ukraine’s foreign trade balance was negative and came to $1.97 billion (in January-September 2020, foreign trade balance was also negative and…
The Economic and Investment Plan of the Eastern Partnership initiative will create new jobs and opportunities for Ukrainian business, Ukrainian Foreign Minister Dmytro Kuleba has said at a meeting with EU Commissioner for Neighborhood and Enlargement Oliver Varhelyi in Brussels. The key topic of the talks was the Economic and Investment Plan of the Eastern…
In July-September, the Ukrainian banking sector profitability exceeded the pre-crisis level of 2019 and amounted to UAH 21.3 billion, the Banking Sector Review published on the website of the National Bank of Ukraine said. “The banking sector in Q3 posted profits of UAH 21.3 billion, 1.5 times the level of Q3 2020. In the first…
Under the government’s program “Affordable Loans at 5-7-9%” banks have issued loans worth more than UAH 70 billion to almost 25,000 businesses. Prime Minister Denys Shmyhal wrote about this on his Facebook page. “The 5-7-9% program gathers momentum. Finally, I’d like to note that as part of the 5-7-9% program initiated by the President of…
In July-September, the Ukrainian banking sector significantly accelerated growth in lending on a year-on-year basis, most notably in the corporate and mortgage segments. This is said in the Banking Sector Review published on the website of the National Bank of Ukraine. In Q3, net hryvnia loan portfolios in the corporate sector grew by 13.1%. In…