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President Zelenskyy signed a deal unblocking the work of Uzhgorod Airport, the government canceled a number of outdated acts as part of deregulation, while the State Statistics Service announced the acceleration of industrial output decline – these are the key economic stories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.
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?
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.
Information about the "joint inspection" of Ukrainian positions near Shumy had the effect of a blasting bomb on many Ukrainians. Allowing the enemy into our trenches was not simply about "making concessions for the sake of peace," but about humiliating Ukrainian military and, ultimately, realizing the Kremlin's long-held dream of turning the war into an "internal Ukrainian conflict" in the eyes of international community.
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.
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.
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.
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.
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.
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.
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.
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.
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?
Corona-free travel abroad: Turkish authorities, businesses develop massive anti-COVID-19 system for safe tourist season
UNIAN has checked how the airport, hotels and tourist attractions in Turkey ensure antiviral safety. In our opinion, it is much less possible to contract the coronavirus there than in Ukraine.
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.
Stanislav Aseiev: Donbas is disappointed and embittered over not becoming part of Russia. But this doesn't add any love to Ukraine
Journalist Stanislav Aseiev spent more than two years in captivity in the occupied Donetsk, most of the time – in a modern-day concentration camp, a special prison called "Izoliatsia". In an interview with UNIAN, he told about the "Russian world" idea and how this "world" looks from the inside.
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.
NGO coordinator Yevhen Vasyliev: Panic, confusion, and chaos reign in occupied Donbas over COVID-19 lockdown
The COVID-19-related restrictions imposed in Donbas are gradually loosening, but crossing the demarcation line remains an issue. What's going on at the crossing points, where and how people caught up on their way had to stay amid lockdown, how occupation administrations are blocking the crossing, and how quarantine affected the number of enemy shellings – that's what program coordinator with the Skhid SOS Foundation Yevhen Vasyliev sat down and spoke about with UNIAN.
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