Business

The government has completed preliminary preparation of amendments to the state budget for 2020

Ukraine moved up 13 positions in the Index of Economic Freedom and ranks 134th among 186 countries. Despite slight improvements, the country’s economy still has a score that is well below the regional and world averages, according to the Heritage…

Ukrainian President Volodymyr Zelensky has said that after meeting the conditions for the program of the International Monetary Fund (IMF) regarding the adoption of the land market and the non-return of insolvent banks to their ex-owners Ukraine will receive a…

Organized labor protests in front of the Cabinet of Ministers in Kyiv on Feb. 26, 2020

Ukrainian President Volodymyr Zelensky has said that along with the International Monetary Fund (IMF) the negotiations on financial assistance are being held with the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Union (EU) and some…

Ukraine has agreed on the increase in the size of the new Extended Fund Facility (EFF) of the International Monetary Fund (IMF) for the country from $5.5 billion to $8 billion, Ukrainian President Volodymyr Zelensky has said. "Now we have…

Ukrainians take part in a Labor Day demonstration on May 1, 1971 on Kyiv’s central Khreshchatyk Street. Ukraine’s current labor code dates back to the year, when the country was still part of the Soviet Union. Smartphones, messenger apps and…

The National Bank of Ukraine (NBU) sold $16 million in the interbank foreign exchange market on Friday, which is $5 million more than on Thursday, according to a posting of the central bank on its Facebook page. "This week, we…

A man in a medical mask looks at his phone near the flight information desk at Kyiv Boryspil International Airport on March 24, 2020

Couriers of food delivery company Glovo wait for their orders near the Ocean Plaza shopping mall on March 23, 2020