: :inin Kyiv (EET)

Section: Economy

    Bank of Japan Governor says global economy entering new phase
    Dec26

    Bank of Japan Governor says global economy entering new phase

    Bank of Japan Governor Haruhiko Kuroda said on Monday the global economy seems to be entering a new phase and finally putting behind the negative legacy of the global financial crisis, according to Reuters. The BOJ`s new policy framework aimed at keeping long-term interest rates around zero percent will help maximize the benefits of global...

    Ukraine has almost 12.3 bcm of gas reserves left in storage
    Dec26

    Ukraine has almost 12.3 bcm of gas reserves left in storage

    Natural gas reserves in Ukraine`s underground storage facilities (USFs) in the period from Dec 16 and Dec 24 dropped by 3.4%, or 436 million cubic meters – from 12.291 billion cubic meters down to 12.727 bcm, that`s according to the gas transport system operator Ukrtransgaz. According to the state-owned operator, on December 24, some 47.4 million...

    EBRD to finance trolleybus transport and infrastructure upgrade in Ivano-Frankivsk
    Dec26

    EBRD to finance trolleybus transport and infrastructure upgrade in Ivano-Frankivsk

    The European Bank for Reconstruction and Development (EBRD) is extending resources to support the renewal of rolling stock in municipalities across Ukraine under its Ukraine Public Transport Framework facility, according to Agroperspectiva. The latest project under the facility, which was approved in 2015 and designed to help replace ageing...

    SBU Security Service chief says low salaries reason for operatives to consider switching to business activity
    Dec26

    SBU Security Service chief says low salaries reason for operatives to consider switching to business activity

    Chairman of Ukraine`s SBU Security Service Vasyl Hrytsak has said that the next year`s budget allocated less funds for the SBU than the agency actually requires. ”Our budget is what we have been able to defend, which is UAH 6.260 billion. Although our minimum requirements, which we had announced, were at a little more than UAH 7 billion. In...

    Cabinet plans to introduce Mobile ID in Ukraine – Ukrainian Prime Minister
    Dec26

    Cabinet plans to introduce Mobile ID in Ukraine – Ukrainian Prime Minister

    The Cabinet of Ministers intends to develop a legal framework for the implementation of a technology of mobile identity of citizens – Mobile ID in Ukraine at the state level, Ukrainian Prime Minister Volodymyr Groysman said during the meeting with representatives of the largest mobile operators in the country. ”We need to open up opportunities...

    Ukrainian Interior minister says satisfied with ministry`s budget for 2017
    Dec26

    Ukrainian Interior minister says satisfied with ministry`s budget for 2017

    Ukrainian Interior Minister Arsen Avakov has called ”progressive” the Interior Ministry budget for 2017, the press service reported. According to Avakov, cash collateral in the amount of UAH 3.8788 billion is provided for the State Emergency Service of Ukraine, which is UAH 1.4315 billion more than last year. ”These funds will increase the...

    Ukrainian Regional Development Ministry seeks to improve construction industry legislation in 2017
    Dec26

    Ukrainian Regional Development Ministry seeks to improve construction industry legislation in 2017

    The Ukrainian Ministry of Regional Development, Construction and Housing and Utility Services jointly with the Center for Effective Regulation intends to improve legislation concerning 55 markets of the construction industry in 2017, Lev Partskhaladze, the regional development deputy minister, said at a press briefing. ”There are 55 construction...

    Ukrainian banks see 66.7% decline in loss in 11 months, to UAH 19 bln according to the National Bank of Ukraine
    Dec24

    Ukrainian banks see 66.7% decline in loss in 11 months, to UAH 19 bln according to the National Bank of Ukraine

    Ukrainian banks` losses in January-November 2016 declined by 66.7% year-over-year, to UAH 18.884 billion, or US$719 million, according to the National Bank of Ukraine. In the same period last year, the banks posted UAH 57.3 billion, or $2.18 billion, in losses. The banks` losses in November 2016 alone were UAH 6.29 billion, while in the 11 months...

    Ukraine expects IMF decision on next loan tranche by end of January
    Dec23

    Ukraine expects IMF decision on next loan tranche by end of January

    Finance Minister Oleksandr Danyliuk says Ukraine expects to conclude talks with the International Monetary Fund (IMF) about the next tranche of a $17.5 billion loan by the end of January 2017, according to Reuters. ”We are discussing amendments to the memorandum with the IMF. We hope to be ready for the IMF board meeting at the end of January,”...

    Agrarian Ministry raises forecast of grain exports from Ukraine to 41.6 mln tonnes
    Dec23

    Agrarian Ministry raises forecast of grain exports from Ukraine to 41.6 mln tonnes

    The Ministry of Agrarian Policy and Food of Ukraine has increased the forecast of grain exports from Ukraine in the 2016-2017 marketing year (July 2016 – June 2017) to 41.6 million tonnes, Ukrainian Agriculture Minister Taras Kutoviy told journalists. ”We have raised the forecast to 41.56 million tonnes,” he said. Earlier, the Ministry...

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