The Government prolongs active cooperation with the International Monetary Fund, the Prime Minister Denys Shmyhal announced during a Government meeting on February 23. “We welcome the start of another mission of the International Monetary Fund. Economically resilient and stable Ukraine is one of our main long-term responses to the aggressor’s actions,” stressed Denys Shmyhal. The…
The so-called Ministry of State Security of Donetsk People’s Republic, a terrorist organization created and supported by Russian, spread fake information that on February 18 a Ukrainian sabotage group attempted to commit an attack at the Stirol plant (the city of Horlivka, Donetsk), which could have led to a large-scale environmental disaster, but happily, it…
The Ukrainian Ministry of Finance raised UAH 3.5 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “On February 22, at auctions for the placement of domestic government bonds, the Finance Ministry offered investors five issues of securities in the national currency and…
Due to the threat of Russian invasion, Ukraine loses $2 to $3 billion a month due to suspended investment and additional inflation, Rostyslav Shurma, Deputy Head of the President’s Office, has said. “We see that irreversible losses amount to $2 to $3 billion a month in such a stressful situation. This includes suspended investments, additional…
Amid growing fears of Russian aggression, prices of U.S. dollar Eurobonds, GDP-linked bonds and other sovereign securities of Ukraine have dropped significantly. According to Bloomberg, the yield on short-term securities maturing in September 2021 rose to 24.4% against 21.3% at the end of last week. Income from securities maturing in 2023-2024 rose to 16.9-18% (15.2-15.8%).…
Ukraine imported $874 million worth of fish, crustaceans and mollusks in 2021, up by 28.6% YoY. “Most fish and seafood are usually imported to Ukraine from Europe and North America. Norway has held the leading position in terms of the cost of supplies of this type of product to our country for over 15 years,…
Swiss Air has suspended flights to the city of Kyiv from Monday amid growing fears of a Russian invasion, BBC reports. The airline has suspended its flights to Kyiv from February 21 up to and including February 28. “The safety of our passengers and crew members has top priority at all times. The affected customers…