Ukraine has received 1.9 billion Special Drawing Rights (SDRs), equivalent to about $2.7 billion, from the International Monetary Fund, First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has announced on Facebook. “Today, 1.9 billion SDRs came to Ukraine’s account from the IMF! A great gift ahead of Independence Day! Glory to…
President of Ukraine Volodymyr Zelensky has approved a strategy for the development of the defense-industrial complex of Ukraine, according to his press service. The head of state signed decree No. 372/2021 “On the decision of the National Security and Defense Council of Ukraine dated June 18, 2021 “On the Strategy for the Development of the…
Based on the results of an unscheduled inspection, the National Bank of Ukraine (NBU) decided to apply a measure of influence to FC Fincom Credit LLC in the form of revoking the license for conducting financial services. According to the NBU’s press service, the relevant decision was approved by the Committee on Supervision and Regulation…
The use of an inflation targeting policy over the past six years has proved that the focus of the National Bank of Ukraine (NBU) on low and stable inflation is more effective, rather than the focus on a fixed exchange rate, NBU Governor Kyrylo Shevchenko has written on Facebook. Shevchenko reminded that on August 18,…
In 2020, Astarta, the largest sugar producer in Ukraine, exported sugar beet processing products worth $12.81 million, which accounted for 15.5% of total exports of these products from Ukraine, the expert of Ernst&Young international company Viktor Kovalenko announced. Kovalenko noted that the export of Astarta’s products accounted for every 100th US dollar received by Ukraine…
The State of Qatar has opened a market for Ukrainian honey and bee products, according to the press service of the Ukrainian State Service on Food Safety and Consumer Protection. “Ukrainian manufacturers of honey and bee products have the opportunity to export their products to the State of Qatar. The relevant certificate was approved by…
The Ministry of Energy has approved a new monthly coal accumulation schedule for thermal power plants (TPPs) and combined heat and power (CHP) plants, increasing the planned accumulation indicators by the start of the heating season more than two-fold, to 3,046,400 tons of coal. “According to the new document, 3,046,400 tons of coal should be…