A large-scale privatization, which is planned to replenish the state budget with UAH 12 billion, begins in August, according to Prime Minister of Ukraine Denys Shmyhal. “A large-scale privatization starts this month. Preparations for the auctions were discussed at a meeting with Ukrainian State Property Fund Head Dmytro Sennychenko and Minister of the Cabinet of…
Ukraine is not considering the option of purchasing Russian natural gas and is not holding talks on this issue, Naftogaz CEO Yuriy Vitrenko has said. “We are not considering such an option at all, and we are not holding any talks about it. That’s where we have such a very clear position. In principle, we…
The average salary in Ukraine has hit a record high of UAH 14,300, but the government is trying to reach the European level of salaries in the country, Prime Minister Denys Shmyhal has said. He announced this at a joint meeting of the presidium of the Congress of Local and Regional Authorities under the President…
Consumer inflation in Ukraine will reach 9.6% at the end of 2021 and will return to the target of 5% in the second half of 2022, the National Bank of Ukraine (NBU) has said in its quarterly inflation report for July. “As before, the National Bank expects inflation to peak this autumn amid high world…
The decision by Naftogaz’s supervisory board regarding the payment of multimillion-dollar annual bonuses to four members of the company’s executive board cannot be implemented, Naftogaz CEO Yuriy Vitrenko has said in a letter to Ukrainian Prime Minister Denys Shmyhal. The reason for his appeal to the head of government was the decision by the supervisory…
The average nominal salary of Ukrainians in June was 23.6% higher than the one they received in June 2020 and amounted to UAH 14,313, the State Statistics Service reported. The average nominal salary of a full-time employee of enterprises, institutions and organizations in June was UAH 14,313, or 2.4 times higher than the level of…
About 1,000 infrastructure projects are currently being implemented in Ukraine under President Volodymyr Zelensky’s Great Construction program and other programs, Deputy Head of the President’s Office and Coordinator of the Great Construction Program Kyrylo Tymoshenko said at the All-Ukrainian Forum “Ukraine 30. Decentralization” in Kyiv on July 28. According to him, such a great number…