Finance Minister Serhiy Marchenko says the increase in the minimum wage of Ukrainian citizens to UAH 6,500 ($229), scheduled for July 1, 2021, is postponed until December 1, 2021. “This is explained by the fact that such shock infusions into the economy affect inflation. We discussed the issue with our partners and decided to postpone…
The Finance Ministry of Ukraine expects that the state budget for 2021 will be approved until mid-December, Finance Minister Serhiy Marchenko has said. “This year, the delay in adoption of the state budget is impossible for one simple reason, that we have a session this week and another one in mid-December,” he said. He has…
The total amount of deposits of individuals in banks-participants of the Deposit Guarantee Fund of Ukraine amounted to UAH 575.66 billion as of November 1, according to the Fund’s press service. “As of November 1, the total amount of deposits of individuals (including private entrepreneurs) in banks-members of the Deposit Guarantee Fund amounted to UAH…
During a working trip to Dnipropetrovsk region, President Volodymyr Zelensky inspected the construction of a southern bypass road around the city of Dnipro, which was being carried out within the framework of the Great Construction national program. Implementation of the project provides for the construction of a road with a total length of 7.1 km…
Retail trade turnover of retail trade enterprises in Ukraine grew by 7.3% YoY, to UAH 697.98 billion, in January-October, according to the data provided by the State Statistics Service. The largest volumes of retail sales in January-October were recorded in Kyiv city (almost UAH 160.80 billion), Dnipropetrovsk region (UAH 69.83 billion), Kyiv region (UAH 62.76…
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,…