The United Nations Industrial Development Organization (UNIDO) will establish an Investment and Technology Promotion Office in Ukraine, the press service of the Ministry for Strategic Industries of Ukraine has reported. “The Ministry for Strategic Industries has been selected as the main central executive body responsible for fulfilling the obligations arising from Ukraine’s membership in the…
Verkhovna Rada Chairman Dmytro Razumkov has signed laws amending the Tax and Customs Codes to stimulate the development of the electric transport industry in Ukraine and has sent them to President Volodymyr Zelensky for signature, according to the parliament’s website. In particular, these are the laws “On the Introduction of Amendments to the Tax Code…
Ukraine has slightly reduced its own agricultural exports to the European Union, but retained the fourth place among the top five largest exporters to European countries. The European Commission published the relevant data in its report “Monitoring EU Agri-Food Trade: Developments January-April 2021”. “The top origins for EU agri-food imports in the first four months…
The development of financial intermediation is an important element in stimulating economic growth. That’s according to First Deputy Prime Minister, Minister for Economy of Ukraine Oleksiy Liubchenko who penned an op-ed entitled “Key tasks for Ukraine’s economic growth”. “The banking system, as an institution of financial intermediation, should qualitatively improve the efficiency of its activities,…
The National Bank of Ukraine (NBU) expects further progress to be made in negotiations between Ukraine and the IMF, NBU Governor Kyrylo Shevchenko has said. “The main assumption of the macroeconomic forecast taken into account by the NBU Board is continued cooperation with the IMF. The NBU expects further progress to be made in negotiations…
The National Bank of Ukraine (NBU) has left its forecast for the growth of the country’s real gross domestic product (GDP) in 2021-2023 unchanged at about 4%, NBU Governor Kyrylo Shevchenko has said. “Steady consumer demand and favorable conditions for foreign trade compensate for Ukraine’s economic losses caused by tightened quarantine last winter and spring.…
The Cabinet of Ministers of Ukraine will allocate UAH 106 million from the reserve fund of the state budget for the restoration of aircraft used in emergencies and other civil defense tasks. The relevant decision was initiated by the Ministry of Economy. “The Government is constantly taking measures to prevent threats to the lives of…