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…
The reconstruction of Kryvyi Rih International Airport’s terminal and runway is planned to be completed until October 2022. This was said during the inspection by President Volodymyr Zelensky of the progress of repair work at the airfield as part of his working trip to Dnipropetrovsk region on June 8. The restoration of the airport, built…
The World Bank’s Board of Executive Directors has approved a $100-million loan to Ukraine’s state-owned Ukreximbank to be used for the special-purpose medium- and long-term lending to export-oriented small and medium-sized enterprises. The current Access to Long-Term Financing project for a total of $150 million has been implemented since June 2018 and already provided a…
Ukraine’s international reserves in May shrank by 0.6%, to $27.840 billion in the equivalent as of June 1. The reduction was due to the repayment of external and internal debts by the state, which were partially offset by foreign exchange (FX) earnings in favor of the government, the press service of the National Bank of…
In January-May, Ukrainian exports grew by more than 25%, or almost $5 billion, Prime Minister Denys Shmyhal reported on Facebook. According to him, over this period, exports to China, the United States, Turkey and Great Britain increased by almost 50%. “The favorable external environment, as well as the expansion of the export geography through the…