Economy

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  • Trade unions protest against new labour bill The Federation of Trade Unions of Ukraine (FTUU) has protested against a new government bill on labour which is expected to be heard in parliament soon. The event called "A wave…
  • NBU: Ukraine's GDP grows by 3.3% in 2019 The National Bank of Ukraine (NBU) has reported a 3.3% growth of GDP in 2019 "In 2020 economic growth will accelerate to 3.5%, up from 3.3% in 2019, while accelerating to around 4…
  • NAFTA 2.0. How will Trump's new deal help his election bid?
    Oleksandr Kostryba
    The deal had unique bipartisan support and was welcomed by large corporations and trade unions
  • Zelenskyy promises foreign investors "nanny", tax holidays President Volodymyr Zelenskyy has promised to introduce new incentives for investing in Ukraine. He said this in a speech at the World Economic Forum in Davos. "We have…
  • Scoop of the weekend: Iran admits downing UIA plane UIA tragedy Iran has admitted "unintentionally" shooting down a Ukrainian passenger jet, killing all 176 people on board, the BBC has reported. In a special statement on…
  • Ukraine's reserves exceed $25bn first time since 2012 Ukraine's international reserves have reached an equivalent of $25.3bn by 1 January 2020, having increased by 22% in 2019, the National Bank of Ukraine (NBU) has reported. This amount…
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  • NBU buys $700m from market in one day On 26 December, the National Bank of Ukraine held its first currency auction in the past 13 months, having bought 230m dollars from the market, it said on its website. The regulator…
  • Ukraine central back cuts key policy rate The Board of the National Bank of Ukraine (NBU) has decided to cut its key policy rate to 13.5% per annum effective 13 December 2019. "The NBU speeds up the monetary policy easing…
  • Zelenskyy signs law on 2020 national budget Ukrainian President Volodymyr Zelenskyy has signed a bill on the 2020 national budget passed by parliament on 14 November 2019. According to the website of parliament, bill No 2000…
  • Government puts 339 state companies for sale The Cabinet of Ministers has put 339 state-owned companies for sale, Economic Minister Tymofiy Mylovanov has said on Facebook. Their list will be published in several days after it…
  • Ukraine's GDP increased by 4.2% in July-September 2019 compared with the same period of last year, the State Statistics Service has said. Compared with April-June 2019, GDP increased…
  • Parliament approves 2020 national budget Parliament passed the bill on the 2020 national budget in the second reading and as a whole. Relevant bill No 2000 was backed by 280 MPs. This is the earliest adoption of the budget…
  • Allseeds Black Sea Terminal - No. 1 Ukrainian oil supplier for export The Allseeds Black Sea (ABS) vegetable oil terminal took 1st place in the 2019/2020 season among Ukrainian terminals, handling 211 thousand tons or approximately 20% of the total in…
  • NBU cuts key policy rate to 15.5% The Board of the National Bank of Ukraine (NBU) has taken a decision to cut its key policy rate to 15.5% per annum effective 25 October 2019. According to its press service…
  • Cabinet approves new GDP, inflation, exchange rate forecast The Cabinet of Ministers has approved the key macroeconomic indicators for 2020-2022, Prime Minister Oleksiy Honcharuk has said. "The Economy Ministry has presented two scenarios…