Ukraine has to pay about $1.6 billion to the International Monetary Fund (IMF) in 2021, including almost $1.36 billion as repayment of the principal amount of the debt and $0.26 billion as payment of interest, Chairman of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn has written on his Facebook page. “The…
In December 2020, consumer prices in Ukraine increased by 0.9% MoM, according to the Ukrainian State Statistics Service. Consumer prices in December 2020 grew by 0.9% MoM and by 5% YoY. In general, consumer prices in 2020 increased by 2.7%. Core inflation in December 2020 was 0.3% compared to November 2020 and 4.2% for the…
Ukraine’s supermarkets are allowed to sell goods required for daily living activities of citizens, with certain exceptions in the trade amid the strict quarantine across the country introduced from January 8 to January 24. During the lockdown, the authorities allowed the operation of only those facilities that provided livelihoods for citizens. Therefore, supermarkets are allowed…
LTG Cargo, a part of Lithuania’s state-owned railway company Lietuvos Gelezinkeliai (LTG), has established a subsidiary in Ukraine, according to the company’s press release. LTG Cargo Ukraine will first offer rolling stock rental, forwarding and other freight transportation services as part of its expansion strategy. “Our new line of business is a planned strategic step…
The Irish low-cost airline Ryanair will suspend flights on 70% of its routes from Kyiv until the end of March. Until the spring of 2021, the airline will continue to operate only three out of 30 flights from the Boryspil International Airport – to Vienna, Berlin and Valencia. At the same time, Ryanair plans to…
Ukraine will receive from the United States two new MK VI patrol boats. That’s according to Army Inform, Defense Ministry’s information agency, referring to a Pentagon report. The construction will cost nearly $20 million. The first batch of boats is expected to be built until December 2022. “The vessels for our country will be manufactured…
International reserves at the end of 2020 increased by 15% and reached $29.133 billion as of January 1, 2021, according to the press service of the National Bank of Ukraine (NBU). This is a record amount of reserves over the last eight years (a larger amount was recorded in September 2012). The current amount of…