Iryna Kovalenko, Vladyslav Lazar
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
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
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
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
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
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
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
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
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
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
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
Week's balance: NBU governor resigns, Eurobond issue fails, while another UAH 35 bln gets sent for road repairs
National Bank Governor Yakiv Smolii has resigned citing "political pressure", Ukraine canceled at the last moment the deal on the sale of Eurobonds worth $1.7 billion, while the Cabinet of Ministers sent half of the national anti-corona fund for road construction – these are the main economic developments of the outgoing week.
16:00, 04 July 2020
Week's balance: natural disaster aftermath, end of cheap gas era, and timid hope for restoration of industrial output
The government has allocated UAH 672 million to tackle the aftermath of flooding in western Ukraine, Naftogaz for the first time since year-start has raised gas prices, while the State Statistics Service released promising data on industrial output – these are the main economic developments of the past week.
21:20, 28 June 2020
Week's balance: Cabinet extends quarantine until July 31, Parliament snubs government program, while international air traffic resumes
The government has extended adaptive quarantine until July 31, the Verkhovna Rada once refused to support the revised Cabinet program, depriving ministers of a year-long immunity from sacking, while Ukrainians are finally allowed to fly abroad – these are the main economic developments of the outgoing week.
23:00, 20 June 2020
Week's balance: International financial assistance to Ukraine, slowdown in inflation, and key rate reduction by National Bank
Ukraine has received financial assistance from international partners, inflation has slowed down, while the National Bank has lowered its key rate to a historic low – these are the main economic developments of the past week.
14:00, 14 June 2020
Week's balance: Rada sends Cabinet action plan for revision, air and rail travel resumes, while hryvnia beefs up
Ukrainian authorities continue with the easing of quarantine restrictions by resuming domestic rail and air travel, parliament sends the government's action plan for revision, while the hryvnia keeps strengthening – these are the main economic developments of the outgoing week.
15:10, 07 June 2020
The government submitted to parliament an action plan to restore the economy. On Thursday, the Rada sent it back for revision, refusing to provide the Cabinet, led by Denys Shmyhal, 12-month immunity from resignation. Is there a future for the program of "healthy economic nationalism"?
10:55, 05 June 2020
The U.S. threatens Russia with new sanctions over the construction of the Nord Stream 2 gas pipeline, which was designed to deprive Ukraine of gas transit revenues. UNIAN figured out whether Washington could defeat Moscow in the latest episode of gas war.
20:00, 04 June 2020
Week's balance: quarantine concessions, economic recovery in turbo mode, and manipulation on energy market
Ukrainian authorities continue to relax quarantine restrictions, which gives entrepreneurs hope for survival; the government approved a program to stimulate the economy to overcome the effects of the crisis; while the energy market is shaking from large-scale manipulation in the electricity sector – these are the main economic developments of the outgoing week.
17:00, 30 May 2020
Week's balance: Zelensky vows affordable lending, massive road repairs, while Cabinet allows partial relaunch of public transport
President Volodymyr Zelensky at a press conference on his first year in office promised Ukrainians affordable lending, a record mileage of repaired roads, as well as pension reform, while the government partially resumed public transport services, and the IMF approved a new $5 billion cooperation program - these are the latest economic developments in Ukraine over the outgoing week.
13:30, 23 May 2020