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.
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.
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.
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.
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.