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Category Archives: Ukraine

Ukraine: NBU expects remittances from migrant workers to reach $13 billion in 2021

UkraineBy admin2021-03-09Leave a comment

The National Bank of Ukraine (NBU) forecasts that remittances from migrant workers to Ukraine will amount to $13 billion in 2021, up by 8% YoY, Deputy NBU Governor Yuriy Heletiy has said. “In 2021, remittances from migrant workers are expected to grow by 8%, to about $13 billion,” Heletiy said at a briefing. He added…

Ukraine: SkyUp Airlines resumes Kherson-Sharm El Sheikh flight

UkraineBy admin2021-03-05Leave a comment

Ukraine’s SkyUp Airlines has resumed flights between Kherson city and the Egyptian resort of Sharm El Sheikh, the press service of Kherson International Airport reports. “On March 3, we resumed flights to Sharm El Sheikh. It has been unavailable for over a year,” the airport reports on its Facebook page. Flights will be operated twice…

Ukraine: share of cashless payments up in 2020

UkraineBy admin2021-03-05Leave a comment

In 2020, the share of cashless payments using payment cards in Ukraine rose by 25% YoY, the press service of the National Bank of Ukraine (NBU) reported. “In total, the number of non-cash transactions using payment cards increased by 25% in 2020, compared to 2019, and amounted to 5,211.2 million operations, and the volume rose…

Ukraine: trade turnover up in January-February 2021

UkraineBy admin2021-03-04Leave a comment

In January-February, Ukraine’s trade turnover amounted to $17.57 billion, up by 4.44% YoY, according to data provided by the State Customs Service. Since the beginning of the year, the volume of imports has reached $9.09 billion, including $4.87 billion in February. The largest volumes of goods imported to Ukraine were mineral fuel, oil and products…

Ukraine: Rada passes bill on tax relief for large-scale investors

UkraineBy admin2021-03-04Leave a comment

The Verkhovna Rada, Ukraine’s parliament, has passed bill No. 3761 to amend Section XX “Transitional Provisions” of the Tax Code of Ukraine as regards specifics of taxation of business entities implementing investment projects involving significant funds. Some 246 lawmakers backed the draft law in the second reading and as a whole with the required minimum…

Ukraine: budgets of Kyiv city and all regions approved

UkraineBy admin2021-03-03Leave a comment

All regional budgets of Ukraine and the budget of Kyiv city have been approved, according to the press service of the Finance Ministry. “The Finance Ministry of Ukraine informs that all regional budgets and the budget of the city of Kyiv were approved as of March 1,” reads the report. At the same time, the…

Ukraine: NBU updates list of systemically important banks

UkraineBy admin2021-03-03Leave a comment

The National Bank of Ukraine (NBU) has conducted the annual revision of the list of systemically important banks, the central bank’s press service has reported. The number of systemically important banks decreased to 13 institutions. This year, Kredobank has not been included in the list. The updated list includes: A-Bank, Alfa-Bank, OTP Bank, Oschadbank, Bank…

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