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
Hanna Nahorna 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
Igor Orel 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
Oleksandr Kunytskyy 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
Kateryna Zhyriy 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
Oleksandra Danko 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
Dmytro Shvarts Action plan returned for revision: will Shmyhal’s Cabinet receive 12-month immunity
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
Nana Chornaya U.S. - sanctions - Gazprom: Washington's attempt to defeat Nord Stream 2
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
Nadiya Burbela 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
Hanna Bredihina 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
Hanna Nahorna Week's balance: Cabinet allows reopening of non-food markets, Rada eases taxes for businesses pending quarantine, hryvnia beefs up
The Cabinet of Ministers decided to open non-food markets across country, the Verkhovna Rada eased tax pressure on businesses for the quarantine period and supported the arts and entertainment industries, while the national currency showed a slight, but steady growth.
14:00, 17 May 2020
Oleksandr Kunytskyy Life or death: civil aviation is struggling to survive the pandemic
The crisis provoked by the coronavirus pandemic dealt a severe blow to civil aviation worldwide. Air carriers around the world are laying off personnel, while some have already filed for bankruptcy. Governments of the world's leading economies are allocating enormous funds to help one of the key industries. But what can Ukraine do to save its aviation?
16:05, 14 May 2020
Oleksandr Kunytskyy Week's balance: Cabinet extends quarantine along with easing, energy ministry limits operations of nuclear power plants, while NBU forecasts GDP decline
The government has extended the national quarantine until May 22, while making a number of concessions to a part of small businesses; the National Bank says Q2 will be the most difficult period for the Ukrainian economy, while the energy ministry has started limiting nuclear generation, at the same time mulling crypto mining at NPPs.
16:00, 10 May 2020
Week's balance: Cabinet allows food markets to reopen, limits salaries to CEOs of state-owned companies, while National Bank introduces new coin
The Cabinet of Ministers decided to support small businesses amid quarantine, having allowed food markets to reopen across country, and cut the already sky-high salaries to heads of state-owned enterprises, while the National Bank said it would be putting in circulation a new UAH 10 coin.
14:40, 03 May 2020
Hanna Bredihina New energy market: expensive sun instead of cheap nuclear and coal generation
A new trend is emerging on Ukraine's power generation market: the more expensive solar and wind energy, which has been prioritized, replacing the cheaper nuclear and coal. UNIAN has learned what this will mean for Ukrainian consumers.
14:00, 30 April 2020
Kateryna Zhyriy Week's balance: Cabinet extends quarantine, sacks customs and tax chiefs, while central bank lowers key rate
The Cabinet of Ministers decided to extend the national quarantine until May 11 and dismissed heads of customs and tax agencies, while the National Bank brought its key rate to a five-year low – these are the major economic developments of the past week.
17:20, 25 April 2020
Igor Orel Week's balance: "anti-crisis" budget, interest-free loans for small businesses, and $135 mln aid to fight coronavirus
The Verkhovna Rada has passed "anti-crisis" changes to the state budget, almost tripling its deficit, the Cabinet vowed loans to small businesses at zero rate, while the World Bank announced $135 million aid to modernize health care and tackle the novel coronavirus – these are key economic developments of the outgoing week.
17:00, 19 April 2020
Dmytro Shvarts Emergency budget: how Ukraine's main financial document has changed
At an extraordinary session, the Verkhovna Rada conducted a sequestration of the state budget, almost tripling its deficit to 7.5% of GDP at the Cabinet's suggestion. Under quarantine, deputies significantly reduced revenues, but at the same time raised spending on the fight against the coronavirus spread. However, there is no certainty that even such an updated budget will not undergo further changes.
13:20, 15 April 2020