Rada cancels Crimea free economic area
The Verkhovna Rada of Ukraine has canceled the Crimea free economic area, which was introduced by law in August 2014. The adoption of relevant bill No. 550
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Deficit of general fund of Ukraine’s state budget in June up to UAH 18.5 bln, since year start to UAH 49.8 bln – Finance Ministry
The deficit of the general fund of the state budget of Ukraine in June 2021 increased to UAH 18.5
Motor Sich in June signs contracts to supply four engines for Antonov, 14 for Turkish Aerospace Industries
Motor Sich (Zaporizhia) will supply four D-436-148FM aircraft engines to Antonov state-owned enterprise and 14 helicopter engines to Turkish Aerospace Industries (TUSAS,), the corresponding contracts were signed in June. According to a report in the ProZorro system, the amount of…
Ukraine opens land market for first time since country’s independence
Corncob harvesting machine collects crops for the I&U Group agroholding in Kirovohrad Oblast.
Shadow economy accounts for nearly a third of Ukraine’s GDP in 2020
Servicemen of the National Anti-Corruption Bureau stand over plastic bags filled with $6 million in cash, the biggest ever bribe uncovered in Ukraine’s history on June 13, 2020. Ukraine’s shadow economy has grown to 30 percent of its gross domestic…
Law on land market in Ukraine comes into force
The agricultural land market launched as part of the land reform carried out by the government, begins to function on July 1. At the first stage of the reform, only citizens of Ukraine will be able to buy and sell…
Economic risks of Nord Stream 2 completion to be discussed during Zelensky’s visit to Germany – Klimkin
The economic risks of completing the construction of Nord Stream 2 will be discussed during the visit of President of Ukraine Volodymyr Zelensky to Germany on July 12, ex-Minister of Foreign Affairs of Ukraine Pavlo Klimkin says. "The EU and…
Stepanyan replaces Ljungman as IMF Resident Representative for Ukraine
Vahram Stepanyan replaced Goesta Ljungman as Resident Representative of the International Monetary Fund (IMF) for Ukraine, the IMF said on Wednesday. According to the report, Stepanyan started work on June 28. According to the press service of the IMF Resident…
Agriculture Ministry looking for irrigation companies abroad for reconstruction of irrigation systems in south of Ukraine
The Ministry of Agrarian Policy and Food is negotiating with companies from Israel, the United States, France and China regarding public-private partnership in the reconstruction of irrigation systems in the southern regions of Ukraine, Minister Roman Leshchenko said in an…
Rada adopts at final reading ‘bank’ bill necessary for IMF program
The Verkhovna Rada adopted at the final reading "bank" bill No. 4367, the adoption of which is an important condition within the framework of the Stand-By Arrangement (SBA) of the International Monetary Fund (IMF). Some 279 MPs backed the bill…