Pensions, army, and debts: key priorities of Ukraine Budget-2018

The Cabinet of Ministers has submitted to the parliament the draft state budget-2018, expecting its approval by December. The experts analyzed the key parameters of the country's budget and reflected on whether the drafted scenario of the country's economic development for the next year is realistic.
11:55, 22 September 2017
Pensions, army, and debts: key priorities of Ukraine Budget-2018

Week’s balance: Budget-2018, IMF audit, and hryvnia losing shape

The Cabinet of Ministers of Ukraine approved and submitted to the Verkhovna Rada a draft budget for 2018, Deputy Managing Director of the IMF David Lipton inspected how Ukraine fulfilled obligations under the program of cooperation with the Fund and appreciated the progress in the stabilization of the Ukrainian economy, while the hryvnia continued its downward trend - these are the main economic news of the outgoing week.
11:40, 16 September 2017
Week’s balance: Budget-2018, IMF audit, and hryvnia losing shape

Week’s balance: President's address, preparation for winter, and nervous hryvnia

Ukrainian President Petro Poroshenko in his annual address to the parliament outlined the main tasks to achieve the country’s stable development, the government took up preparations for the heating season and assured that it would pass unhindered, while Naftogaz declared the need to attract European partners to the management of the gas transmission system - these are the main economic news of the outgoing week.
12:40, 10 September 2017
Week’s balance: President's address, preparation for winter, and nervous hryvnia

Hryvnia’s troubled autumn

The interbank market has for the past several days been seeing an increased demand for foreign currency, pulling the hryvnia down. Expert opinions on how the national currency will survive traditional autumn anxiety and winter colds have divided.
16:20, 05 September 2017
Hryvnia’s troubled autumn

Week’s balance: Groysman sees "sabotage" in LPG market, announces legislative plans for autumn, while Akhmetov boosts control in energy sector

Prime Minister of Ukraine Volodymyr Groysman announced the government's plans for the autumn, while LPG prices in the motor fuel market started to ease down after the August peak, and competent authorities are instructed to probe into the “sabotage” with pricing. The American corporation announced its intention to pour $650 million into Ukraine's energy market, while the agrarians completed the harvesting of early grain crops. These are the main economic news of the outgoing week.
10:40, 02 September 2017
Week’s balance: Groysman sees "sabotage" in LPG market, announces legislative plans for autumn, while Akhmetov boosts control in energy sector

Week’s balance: LPG prices soar, state sector mired in losses, while Firtash comes into spotlight, again

The National Bank of Ukraine this week continued to strengthen the hryvnia rate; the Ministry of Economic Development and Trade estimated the profits and losses of state companies for 2016; the prices of LPG set a new record; while Firtash's companies jumped into a public focus over the alleged supplies of electricity and raw materials to the occupied Crimea - these are this week’s main economic news.
12:00, 26 August 2017
Week’s balance: LPG prices soar, state sector mired in losses, while Firtash comes into spotlight, again

Week’s balance: NABU efforts yield success, hryvnia shows muscle, Cabinet to launch staffing revolution

The National Anti-Corruption Bureau reported on the results of corruption probes in the energy sector, the Ukrainian hryvnia continued to strengthen following GDP growth, while the Cabinet, assisted by the EU, announced a massive competition for some 900 government posts. These are the main economic news of the outgoing week.
10:40, 19 August 2017
Week’s balance: NABU efforts yield success, hryvnia shows muscle, Cabinet to launch staffing revolution

Week’s balance: Ukrzaliznytsia say goodbye to their rockstar CEO, NBU develops new forex regulations, while inflation sees growth

The Cabinet this week approved the resignation of Ukrzaliznytsia CEO Wojciech Balczun, gave a start to the introduction of 4G, and raised liquor prices; the National Bank unveiled t draft of new forex regulation; while inflation has accelerated - these are the key economic news of the outgoing week.
13:50, 13 August 2017
Week’s balance: Ukrzaliznytsia say goodbye to their rockstar CEO, NBU develops new forex regulations, while inflation sees growth

Ukrainian arms exports in 2016

After the suspension of Ukraine's arms sales in 2014, the Ukrainian defense industry is once again increasing its export potential. The country's leadership plans to make Ukraine one of the leaders of the global arms market, while representatives of the Ukrainian defense industry are calling for liberalization of the terms of military exports.
16:50, 11 August 2017
Ukrainian arms exports in 2016

Week’s balance: first payment to IMF, free trade with Canada, and rise in gas production

Ukraine paid back the first $450 million on the International Monetary Fund loan under the standby program, it also launched the free trade area with Canada, and significantly increased production and imports of natural gas - these are the main economic news of the outgoing week.
12:40, 05 August 2017
Week’s balance: first payment to IMF, free trade with Canada, and rise in gas production

Week’s balance: Economy sees growth, Groysman vows privatization, and Gazprom fights off fines

The Ministry of Economic Development has reported growth of the national economy, Prime Minister Groysman promised to restart privatization despite the fact that a new State Property Fund chief has not yet been appointed, while Russian energy giant Gazprom easily refuted in Ukrainian courts earlier imposed obligations to pay UAH 80 million worth of fines for the violation of anti-trust legislation  - these are the key economic news of the outgoing week.
12:40, 29 July 2017
Week’s balance: Economy sees growth, Groysman vows privatization, and Gazprom fights off fines

Week’s balance: IMF allows postponement of land reform, prime minister finds hub for low cost air carriers, Ukraine boosts trade

The EU Council has approved trade preferences for Ukraine. The IMF gave Kyiv a respite for land reform. The Cabinet reported on its work in the first half of the year. The prime minister instructs to equip the Hostomel Airport to receive aircraft of low-cost carriers. These are the main economic news of the outgoing week.
10:50, 22 July 2017
Week’s balance: IMF allows postponement of land reform, prime minister finds hub for low cost air carriers, Ukraine boosts trade

Week’s balance: EU completes ratification of Ukraine Association deal, Rada amends state budget before going on vacation

The Council of the European Union has approved the Ukraine-EU Association Agreement. Ukrainian legislators passed a number of bills before leaving for summer vacation, supporting the Cabinet's proposal to increase revenues and expenditures of the state budget. The Boryspil Airport has at first said goodbye to, but then resumed negotiations with Ryanair. The hryvnia continued to strengthen. These are the main economic news of the outgoing week.
13:40, 15 July 2017
Week’s balance: EU completes ratification of Ukraine Association deal, Rada amends state budget before going on vacation

Week’s balance: Postponed bailout tranche, central bank’s worsened macroeconomic forecast, and international partners urging Kyiv to speed up reform

The authorities announced the postponement of key reforms and, subsequently, of the next IMF bailout tranche, at least until autumn 2017; the National Bank of Ukraine worsened its outlook for the country’s economic growth and inflows of credit funds; while international partners called on the president, government and parliament boost reform - these are the main economic news of the past week.
10:40, 09 July 2017
Week’s balance: Postponed bailout tranche, central bank’s worsened macroeconomic forecast, and international partners urging Kyiv to speed up reform

Westinghouse Vice President: There's a lot of bureaucracy in Ukraine

Vice President and Managing Director at the world’s nuclear power giant Westinghouse Aziz Dag in his interview with UNIAN spoke about the prospects of the increase in nuclear fuel supplies to Ukraine and the company’s plans for the period when the current contract with Ukraine expires, also commenting on the global trend for the “green” energy development and the role of nuclear energy in the near future.  
19:00, 17 June 2017
Westinghouse Vice President: There's a lot of bureaucracy in Ukraine

Week’s balance: budgetary "revolution," billions for roads, and preparations for heating season

The Ukrainian government approved the budget resolution for the next three years, engaged in improving road safety, and once again extended the emergency measures in the energy sector, while KyivEnergo warned of the lack of sufficient funds to prepare for the heating season - these are the main economic news of the outgoing week.
12:30, 17 June 2017
Week’s balance: budgetary "revolution," billions for roads, and preparations for heating season

Tax on "excess" real estate Ukrainian style

Real estate tax, aimed to replenish local coffers by tens of millions of hryvnias, is by far failing to achieve its objective. Before July 1, Ukrainians will receive from their local fiscal offices this new tax notice. UNIAN clarified why the tax is not working and what should those do who have not received such a notice.
15:27, 13 June 2017
Tax on "excess" real estate Ukrainian style

Week’s balance: President’s reform, shady Gazprom, and hryvnia tranquility

The president greenlighted the energy market reform, Gazprom commented in its favor on the decision of the Stockholm arbitration tribunal, while the Ukrainian government ahead of the land reform instructed the National Police to verify all land deals - these are this week’s main economic news.
23:00, 10 June 2017
Week’s balance: President’s reform, shady Gazprom, and hryvnia tranquility

Prospects of Ukraine’s privatization

During each year’s painful process of budget planning, Ukrainian deputies and ministers speculate on the topic of privatization of state property and voice potential sky-high sums Ukraine will allegedly get from selling off its assets. UNIAN conducted an “audit” to find out what has been left of the generally valuable and liquid companies under state control, and how it would be best to set up the sale of these assets.
11:00, 10 June 2017
Prospects of Ukraine’s privatization

Week’s balance: Dutch green light, Gazprom’s failure in Stockholm, and updated macroeconomic forecast

The Netherlands approved the Ukraine-EU Association Agreement, completing the long process of ratifying the document which is key for the country’s modernization; Naftogaz won a historic victory over Russia's Gazprom in Stockholm Arbitration; while the Cabinet revised its macroeconomic forecast for Ukraine - these are this week’s main economic news.
09:05, 03 June 2017
Week’s balance: Dutch green light, Gazprom’s failure in Stockholm, and updated macroeconomic forecast
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