The National Bank of Ukraine (NBU) provided UAH 600 million in refinancing to two banks on November 20, the NBU’s press service reported. “On November 20, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of two banks for a total sum of UAH 600.0 million…
A moderate growth in the U.S. dollar exchange rate against the hryvnia is expected this week, according to Vadym Iosub, a senior analyst at Alpari analytical company. Over the past week, the hryvnia exchange rate against the U.S. dollar in all segments of the foreign exchange market has decreased moderately by 0.6-0.9%. Since last Monday,…
The number of passengers serviced by Ukrainian transport companies in January-October decreased by 53.7% (2.2-fold) YoY, to 41.8 billion passenger-kilometers, according to the data provided by the State Statistics Service. Over the reporting period, 2.13 passengers used the services of domestic transport companies, down by 39.8%. In particular, the number of passengers carried by rail…
Ukraine has topped the list of honey exporters to the European Union, a Food and Agriculture Organization consultant reports. “The volume of honey supplies from Ukraine to the EU in January-August increased by 16% YoY, while from China – decreased by 19%. Thus, Ukraine has become the No. 1 supplier of honey to the European…
The consolidated state budget for 2021 projects about UAH 27 billion to finance culture development. “The sphere of culture development is a priority of the state as evidenced by the funds laid down in the country’s budget,” Minister of Finance of Ukraine Serhiy Marchenko said. “Let’s compare the expenditures on culture in 2020 and 2016.…
Ukrainian President Volodymyr Zelensky has instructed the government to develop a comprehensive program of measures to support small and medium-sized businesses during a lockdown. The head of state said this in a vlog posted on his Facebook page. “I instructed the government to develop a very important program of measures in the coming days, which…
Ukroboronprom, Ukraine’s state-owned defense concern, has released a public appeal to the President Volodymyr Zelensky, Prime Minister Denysh Shmyhal, National Security and Defense Council Secretary Oleksiy Danilov, and Rada Defense Committee Chair Oleksandr Zavitnevych, voicing “concern regarding the curtailment of Ukraine’s defense industry reform and interference into its economic activities by the Ministry of Strategic…