The National Bank of Ukraine (NBU) purchased $375 million on the interbank foreign exchange market last week, according to data provided by the central bank. According to the results of foreign exchange interventions, the National Bank bought $375 million on the interbank foreign exchange market between June 7 and June 11. The regulator didn’t conduct…
Last year, Ukraine and the EBRD signed agreements to the tune of EUR 643.5 million, which were used to implement a number of projects in the private and public sectors, in the field of implementing best corporate governance practices in state-owned enterprises. The press service of the Ministry of Finance released a corresponding statement following…
JSC Ukrzaliznytsia received almost UAH 39 million of profit in May, according to the company’s press service. “We are confidently pursuing a stable profitability. For the second month in a row, the company completes its work with a profit – we received a positive financial result of almost UAH 39 million in May. We continue…
About 150 small and medium-sized enterprises (SMEs) from the front-line territories of Ukraine have taken advantage of the assistance of the European Union under the FinancEast program, which is being implemented in partnership with the Entrepreneurship Development Fund as part of the EU’s EU4Business initiative. Christian Ben Hell, Head of Agriculture Sector at the EU…
The Ukrainian low-cost carrier SkyUp Airlines expands its flight program and adds routes to Dalaman from Kyiv and to Bodrum from Lviv, the airline’s press service reports. In particular, Kyiv-Dalaman-Kyiv flights began on June 10 and would be operated three times a week: on Tuesdays, Thursdays and Sundays. Starting from June, regular flights to Bodrum…
The Ministry of Finance on June 8 borrowed UAH 19.12 billion to the national budget at a weekly auction for domestic government loan bonds. The funds were raised through selling six packages of hryvnia-denominated bonds worth UAH 106.29 million, UAH 3.4 billion, UAH 1.69 billion, UAH 4.39 billion, UAH 2.56 billion and UAH 2.01 billion…
The World Bank has left its forecast for Ukraine’s gross domestic product growth in 2021 at 3.8%, according to a World Bank report “Global Economic Prospects” for June. According to the organization’s projections, Ukraine’s GDP will grow by 3.1% each in 2022 and 2023. According to the World Bank, the global economy is expected to…