: :inin Kyiv (EET)

Section: Economy

    Canada adds Crimean officials to sanctions list
    Nov29

    Canada adds Crimean officials to sanctions list

    In order to maintain the necessary pressure on Russia until it fully complies with its international obligations with respect to Ukraine, the Special Economic Measures (Ukraine) Regulations have been amended to list 15 additional separatist individuals, including six members of Russia`s State Duma from Crimea, who are subject to an asset freeze...

    Ukraine`s budget saves $3 mln due to UNDP drug procurement in first two weeks
    Nov29

    Ukraine`s budget saves $3 mln due to UNDP drug procurement in first two weeks

    Ukraine has already saved US$3 million in budget funds due to medicine procurements through the United Nations Development Programme (UNDP) in the first two weeks. ”Few weeks in UNDP`s renewed medicine procurement cycle for 2016, amounts contracted so far already show savings of US$3 million compared to prices from 2015, which are immediately...

    Ukraine`s international reserves shrink first time in 7 months
    Nov29

    Ukraine`s international reserves shrink first time in 7 months

    Foreign reserves of Ukraine decreased by 1.9%, to $ 15.2 billion in November, according to the National Bank of Ukraine. The current level of international reserves of Ukraine amounted to $15.2 billion, the NBU has told UNIAN. Thus, compared with the beginning of November, the reserves fell by $0.3 billion, or 1.9%. As UNIAN reported earlier,...

    NBU strengthens official exchange rate to UAH 25.65 to dollar
    Nov29

    NBU strengthens official exchange rate to UAH 25.65 to dollar

    The National Bank of Ukraine on Monday evening strengthened the official hryvnia exchange rate by seven kopiykas, bringing the national currency to UAH 25.65 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for November 29: $100 costs UAH 2,565.9521 (on November 28, it was...

    Russia has huge sum losses because of maritime sanctions for illegally annexed Crimea
    Nov29

    Russia has huge sum losses because of maritime sanctions for illegally annexed Crimea

    Due to dramatic decrease of public and freight sea transportation to occupied Crimea Kremlin have to fill the gap in up to 200 vessels, Ukraine Today reports citing BlackSeaNews and Maidan of Foreign Affairs. Although Kremlin keeps telling that foreign naval vessels ignore the sanctions and sail to Crimea, the majority of vessels that carry...

    Ukraine cancels obligatory state registration of investment
    Nov29

    Ukraine cancels obligatory state registration of investment

    The Ukrainian government has abolished the obligatory state registration and re-registration of investment, which has been effective since 2013, according to government resolution No. 661, which was published on its website. The relevant decision has been made pursuant to current legislation and is believed to significantly facilitate investment....

    Oil prices fell over 1 percent before OPEC official meeting on Wednesday
    Nov29

    Oil prices fell over 1 percent before OPEC official meeting on Wednesday

    Oil prices fell over 1 percent on Tuesday on market jitters over whether producer cartel OPEC would be able to hammer out a meaningful output cut during a meeting on Wednesday, aimed at reining in a global supply overhang and propping up prices, according to Reuters. Non-OPEC oil production giant Russia confirmed on Tuesday that it would not...

    We expect final decision of Stockholm arbitration in case against Gazprom in early 2017 – Yatsenyuk
    Nov29

    We expect final decision of Stockholm arbitration in case against Gazprom in early 2017 – Yatsenyuk

    During his visit to Brussels on Monday, November 28, leader of the Popular Front Party, Ukraine`s former Prime Minister Arseniy Yatsenyuk met with Vice-President of the European Commission Maros Sefcovic. After the meeting, the leader of the Popular Front said that the issues were discussed in particular on energy security. He recalled that the...

    Public procurement reform: Savings due to Prozorro e-procurement system exceed UAH 7 bln
    Nov29

    Public procurement reform: Savings due to Prozorro e-procurement system exceed UAH 7 bln

    The average savings in tenders was at 13%, while the average number of bidders was 2.5 for each tender. Budget savings due to the use of the system of electronic public procurement Prozorro, extended to all state customers from August 1, was UAH 7.03 billion as of November 28. Relevant information was published in Prozorro business analytics...

    Ukraine`s consolidated budget sees UAH 27 bln deficit in 10 months
    Nov28

    Ukraine`s consolidated budget sees UAH 27 bln deficit in 10 months

    The deficit of Ukraine`s consolidated budget in January-October 2016 amounted to UAH 26.866 billion (US$1.044 billion), against a surplus of UAH 26.792 billion ($1.042 billion) registered in the same period of 2015, according to Ukraine`s State Treasury Service. The deficit of the national budget in the ten months of 2016 was estimated at UAH...

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