KYIV, April 15 – The National Bank of Ukraine (NBU) has revised its inflation forecast from 7% to 8% in 2021, expecting inflation to return to the 5% target in H1 2022.
KYIV, April 16 – Some 28 major retailers with a total area of about 850,000 square meters are announced to be opened in 2021-2023, Head of UTG Strategic Consulting Department Kostiantyn Oliynyk said.
KYIV, April 16 - The government's restricting export of sunflower oil may lead to the destruction of this export-oriented industry and doesn’t resolve the issue of reducing prices for sunflower oil on the domestic market, the Ukroliyaprom association warned.
KYIV, April 16 – The Board of the National Bank of Ukraine has decided to increase the key policy rate to 7.5% per annum from 6.5% in reaction to growing consumer inflation, the NBU said.
KYIV, April 16 – Ukraine’s economy is likely to expand 3.8% on the year in 2021, down from 4.2% growth seen previously, the National Bank of Ukraine said in its latest economic forecast.
The economy likely to expand 4% on the year in 2022, the NBU said.
KYIV, April 17 – The State Automobile Roads Agency, also known as Ukravtodor, on April 12 opened bids of contractors participating in a tender to build two-level traffic interchanges on M-05 Kyiv-Odesa and M-06 Kyiv-Chop highways.
KYIV, April 17 - Ukraine and Malaysia are working out plans to expand bilateral military and technical cooperation, and the Malaysian side shows its interest in procurement and joint production of a wide range of Ukrainian weapons, the press service of the Ukroboronprom State Concern reported on Tuesday.
KYIV, April 17 – The development of the secondary market where non-performing loans (NPL) are bought via the creation of a toxic asset management company would allow cutting the share of NPL of banks by 10-15% in one or one and a half years, Director for Risks at Idea Bank Rostyslav Synyshyn has said.
KYIV, April 17 – President/CEO of the U.S.-Ukraine Business Council (USUBC) Morgan Williams said that corruption is the main obstacle for investment in Ukraine. He pointed out the necessity of creating the anti-corruption court in the country and continuation of cooperation with the International Monetary Fund (IMF).