Igor Orel Week's balance: President defends economic achievements, NBU keeps key rate unchanged, while hryvnia stops its fall
President of Ukraine Volodymyr Zelensky in his annual address to the Verkhovna Rada said that the Ukrainian economy has withstood the blow of the pandemic and will be able to emerge stronger from crisis, the National Bank has kept the key rate at 6%, and the hryvnia has stopped falling – these are the main economic developments of the outgoing week.
14:00, 24 October 2020
Dmytro Shvarts Facing another lockdown: What should be done not to finish off economy while fighting corona
President Volodymyr Zelensky has admitted that reintroducing a strict quarantine is possible due to the increase in the COVID-19 incidence. Businesses and experts fearfully await repetition of the spring scenario, which delivered a heavy blow to the economy. The Cabinet has not yet sent a signal that they have learned the lessons of the past and are now able to lead the country through this test with minimal losses.
19:00, 22 October 2020
Pavlo Stepanets Week's balance: Cabinet extends quarantine, IMF improves forecast for Ukraine economy development, while Kyiv and Warsaw expand cooperation
The government extended the adaptive quarantine until the end of 2020, the IMF upgraded its forecast for the fall of the Ukrainian economy, while Zelensky and Duda agreed to expand economic bilateral cooperation.
18:30, 18 October 2020
Kateryna Zhyriy Week's balance: New agreements with EU, new digital services, and shrinking foreign reserves
Ukraine has signed a number of agreements with the European Union and UK, and introduced new digital services, while the country's international reserves have decreased by almost 9% – these are the key economic developments of the outgoing week.
13:00, 10 October 2020
Hanna Bredihina Week's balance: EBRD worsens outlook for GDP fall, the stats agency reports increase in wages, while gas prices go up
The European Bank for Reconstruction and Development worsened the forecast for the fall of the Ukrainian economy in 2020, the State Statistics Service reported an increase in the average salary in August, while gas suppliers further raised gas prices ahead of the heating season – these are the main economic developments of the outgoing week.
15:00, 03 October 2020
Vlad Abramov Ecologist Ievgen Khlobystov: In Crimea, water is consumed in a barbaric way. It's like pouring champagne over the garden
Ievgen Khlobystov, Professor at the Department of Ecology of the Kyiv-Mohyla Academy, Academician at the Academy of Economic Sciences of Ukraine, expert with the Crimean Tatar Resource Center, told UNIAN, how Crimea is turning into a desert, what it has to do with the policy of occupation authorities and what awaits local residents.
16:30, 01 October 2020
Nadiya Burbela MP Artem Kovalev: The Dutch tell us about solar-powered vessels, while we show them the Dnieper locks in disrepair and a spinning rod as a "secret" locking technology...
Artem Kovalev, head of the subcommittee on river transport at the Parliament's Transport and Infrastructure Committee, ideologist and co-author of a high-profile bill on inland water transport, which is expected to revolutionize the national transport industry and tabled for a second reading on September 30, told UNIAN about the essence of the major reform and the critical state of the Ukrainian river infrastructure at the moment.
10:40, 30 September 2020
Eva Nikolashvili Without water: Occupied Crimea turning into a desert
The Russian-occupied Crimea has been struggling without the Dnieper water as local ponds and rivers are drying up, as well as major reservoirs. Amid the unfolding disaster, occupation authorities put blame on Ukraine, while pursuing response initiatives that could ultimately destroy the ecosystem across the peninsula.
14:25, 29 September 2020
Dmytro Shvarts Week's balance: Industrial output on decline, Cabinet continues deregulation, while Uzhgorod Airport set to resume work
During a visit to Slovakia, President Zelenskyy signed a deal unblocking the work of Uzhgorod Airport, the government canceled a number of outdated acts as part of deregulation, while the State Statistics Service announced the acceleration of industrial output decline – these are the key economic stories of the outgoing week.
14:00, 26 September 2020
Iryna Kovalenko, Vladyslav Lazar Forex swings. Should we expect dollar at UAH 30 at year-end
By the end of this year, the dollar should not exceed the corridor set in the state budget of Ukraine at UAH 29.50. But will it stay within these limits? Or Should we expect a dollar at UAH 30 and above?
18:00, 21 September 2020
Oleksandr Kunytskyy Week's balance: Cabinet submits budget draft to Rada, Zelensky promises "human" salaries and pensions, while hryvnia keeps weakening
The Cabinet of Ministers submitted to parliament the draft state budget for 2021, which provides for a budget deficit of 6% of GDP, President Zelensky promised Ukrainians to raise salaries and pensions to the "human level", while the hryvnia continued to lose ground – these are the key economic developments of the outgoing week.
15:00, 20 September 2020
Pavlo Stepanets Week's balance: Cabinet approves economic development plan, NBU sets benchmark for inflation, while Naftogaz presents new gas tariff proposals
The government has approved a priority action plan for economic development for the last four months of the year, the National Bank has retained the current inflation target of 5% for the next year, and Naftogaz presented new gas tariff proposals for households.
18:00, 12 September 2020
Kateryna Zhyriy Prospects for Ukrainian currency by end of turbulent year
In early autumn, the hryvnia is weakening against the dollar. However, experts say, there is no cause for concern. The outlook is still favorable, but the second wave of coronavirus remains a potential risk.
21:00, 11 September 2020
Igor Orel Week's balance: Ukraine pays off $2 bln in foreign debt, hryvnia loses positions, while NBU keeps key rate unchanged
The Ministry of Finance redeemed the second series of external government loan bonds totaling more than $2 billion, the hryvnia continued its slide, while the National Bank kept the key rate at 6% – these are the main economic developments of the outgoing week.
10:40, 06 September 2020
Hanna Nahorna Week's balance: Rada raises minimum wage, Cabinet extends quarantine until Oct 31, appoints new Ukrzaliznytsia CEO
The Verkhovna Rada, at the president's initiative, has raised the minimum wage to UAH 5,000, while the Cabinet of Ministers prolonged the adaptive quarantine until the end of October and appointed a new chief of the state-owned railway operator, Ukrzaliznytsia – these are the key economic developments over the last week of the summer.
10:40, 30 August 2020
Kateryna Zhyriy Week's balance: Ukraine signs concession deal for Olvia seaport, Cabinet once again replaces customs chief, while economy ministry downgrades crops forecast
The Cabinet of Ministers has once again replaced the head of customs, the Ministry of Infrastructure transferred the Olvia seaport to a Qatari company for concession, while the Ministry of Economy has worsened the forecast for the grain harvest – these are the key economic developments of the outgoing week.
20:00, 22 August 2020
Oleksandr Kunytskyy Week's balance: Cabinet announces reform at Ukroboronprom, economy ministry releases macroeconomic outlook, while hryvnia beefs up
The Cabinet of Ministers has announced the reform at the Ukroboronprom defense giant and put 200 state-owned companies up for sale, the economy ministry has published an updated macro forecast for the next three years, while the Ukrainian hryvnia has slightly strengthened – these are the key economic developments of the outgoing week.
19:00, 15 August 2020
Nana Chornaya Cabinet promises. GDP, forex rate, and wages outlook for next three years
The Cabinet has approved its macroeconomnic forecast for the next three years.UNIAN learned about the government's estimates for the future average and minimum wages, as well as the hryvnia exchange rate.
12:45, 05 August 2020
Hanna Bredihina Week's balance: Cabinet approves updated macro forecast, hryvnia stabilizes, while electricity tariffs rise
The government has approved the three-year macroeconomic forecast, the National Bank has worsened its economic outlook for 2020, the hryvnia has stabilized, while electricity tariffs have gone up – these are the main economic developments of the outgoing week.
16:40, 02 August 2020
Anna Chaika Who will benefit from legalization of gambling business in Ukraine
Gambling has once again been legalized in Ukraine after the Verkhovna Rada passed the relevant bill. Al those casinos and slot machines had always been there though, albeit in the shadows or online. So what changes will be coming?
16:00, 21 July 2020