Five out of ten members of the Monetary Policy Committee (MPC) of the National Bank of Ukraine (NBU) believe that the key policy rate should be further raised this year. “The NBU will have to further raise the key policy rate this year to ensure that inflation returns to its 5% target in 2022, five…
On June 29, the Ukrainian Finance Ministry raised UAH 2.5 billion towards the state budget as a result of auctions on the placement of domestic government bonds, the Finance Ministry wrote on its Facebook page. The Finance Ministry offered investors seven issues of hryvnia-denominated bonds, with a maturity of 3 months, 1 year, 1.5 year,…
The National Bank of Ukraine (NBU) provided a total of UAH 750 million in refinancing to five banks, the central bank’s press service reported. “On June 25, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of five banks for a total sum of UAH 750.0…
Over the past five years, the exports of Ukrainian goods to the European Union have grown by 60% and are expected to reach EUR 20 billion this year. “Over the past five years, the exports of Ukrainian goods to the EU have increased by 60%. Already this year, the exports of Ukrainian products to the…
The Economy Ministry is working on bringing the draft law on reforming the corporate governance of state-owned enterprises in line with international best practices, Deputy Economy Minister Kristina Holubytska has said at the round table discussion “Corporate Governance of SOEs in Ukraine: A Review of Ukraine’s position against the OECD SOE Guidelines”. “Today, we work…
In January-May, trade turnover between Ukraine and the People’s Republic of China increased by 48% YoY, to over $7.4 billion. Chinese Ambassador to Ukraine Fan Xianrong said this at a press conference dedicated to the 10th anniversary of the strategic partnership between the People’s Republic of China and Ukraine. The diplomat emphasized that these were…
In a year and a half of its existence, the Ukrainian Startup Fund has financed about 200 business projects to the tune of almost $5 million. “The Ukrainian Startup Fund is a comprehensive approach to the development of startup ecosystem. These are funds for the implementation of promising projects, mentorship, acceleration programs and the professional…