: :inin Kyiv (EET)

Section: Economy

    Transit of Russian gas via Ukraine up 20%
    Apr04

    Transit of Russian gas via Ukraine up 20%

    Transit of natural gas through the Ukrainian gas transport system (GTS) in January-March 2017 increased by 20% compared with the same period in 2016, up to 23.2 billion cubic meters, according to state-owned company Ukrtransgaz. In March, the transit volume amounted to 6.6 bcm, which corresponds to the indicators of March 2016, the report says....

    Ukraine cannot delay raising effective pension age – IMF
    Apr04

    Ukraine cannot delay raising effective pension age – IMF

    Ukraine cannot afford to delay comprehensive pension reform much longer, including by raising the effective retirement age, the IMF said in a press release following a Monday meeting of the Executive Board on the Ukrainian issue. ”Notwithstanding the large fiscal adjustment, public debt remains high. The urgency of structural fiscal reforms to...

    IMF approves 4th loan tranche for Ukraine
    Apr04

    IMF approves 4th loan tranche for Ukraine

    Ukraine`s key creditor, the International Monetary Fund, has completed the third review of its cooperation program with Ukraine involving the Extended Fund Facility and approved for the first time in history the allocation to Ukraine of the fourth loan tranche worth $1 billion, President Petro Poroshenko wrote on Facebook. ”The Executive Board of...

    Oil edges up on weaker dollar, Libya output return weighs
    Apr04

    Oil edges up on weaker dollar, Libya output return weighs

    Oil prices rose slightly on Tuesday due to a weaker dollar, though a rebound in Libyan production put pressure on the market and rising U.S. drilling signaled the potential for increased supply and capped price gains, according to Reuters. International Brent crude futures were trading up 7 cents at $53.19 a barrel at 04:12 GMT from the previous...

    Ukraine sees 8% decline in steel output in three months
    Apr03

    Ukraine sees 8% decline in steel output in three months

    Ukraine smelted 5.6 million tonnes of steel in January-March 2017, which was 8% down year-over-year, according to the Ukrmetprom (formerly Metallurgprom) association of Ukrainian steel producers. The total production of metal rolled products over the period under review also decreased by 8%, to 4.9 million tonnes, while pig iron output shrank by...

    Ukraine doubles cherry exports in 2016
    Apr03

    Ukraine doubles cherry exports in 2016

    Ukrainian agrarians exported 1,880 tonnes of cherries and sweet cherries in 2016, which was twice the shipments in 2015, according to the press service of the Ukrainian Agribusiness Club. If in 2013 over 4,000 tonnes of Ukrainian stone fruits, which was 99% of all stone fruits exports, was shipped onto the Russian market, the main consumer of...

    NBU buys US$131 mln more than it sells on interbank forex market in 2017
    Apr03

    NBU buys US$131 mln more than it sells on interbank forex market in 2017

    The National Bank of Ukraine (NBU) bought US$ 131 million more than it sold on the Ukrainian interbank market from January 1 to March 31, 2017, as part of its operations to replenish the country`s international reserves, according to the NBU. The situation on the interbank forex market in March remained stable, the NBU said in its macroeconomic...

    Israel may buy over 2,500 tonnes of Ukrainian beef per month
    Apr03

    Israel may buy over 2,500 tonnes of Ukrainian beef per month

    Israel is interested in Ukrainian beef imports and is mulling over the possibility of buying over 2,500 tonnes of such meat per month, according to the Ukrainian Agrarian Policy and Food Ministry`s press service. ”Ukrainian beef exports will be in great demand in Israel. The point at issue is at least 2,500 tonnes of meat per month. Moreover,...

    Ukraine exports over 33 mln tonnes of grain since July 2016
    Apr03

    Ukraine exports over 33 mln tonnes of grain since July 2016

    Ukrainian agrarians have exported 33.35 million tonnes of grain since the beginning of 2016-2017 marketing year (MY) in July 2016, according to the Ukrainian Agrarian Policy and Food Ministry`s press service. In particular, 14.53 million tonnes of wheat, 4.86 million tonnes of barley, 13.78 million tonnes of maize, and 4,300 tonnes of rye were...

    Ukraine`s central bank doesn`t confirm its head`s resignation
    Apr03

    Ukraine`s central bank doesn`t confirm its head`s resignation

    The National Bank of Ukraine (NBU) says that reports that NBU Governor Valeria Gontareva has submitted a letter of resignation are not true, according to the regulator`s press service. ”The press service does not confirm the information about the resignation,” it said in a comment to UNIAN about media reports on the resignation that cited Member...

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