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News with tag «economy»Lowest Inflation Rate for Ukraine Since 2003April 29, 2012 The National Bank of Ukraine reports the annual Consumer Price Index inflation deceleration in the country to reach 1.9 percent. This is the lowest index in the last nine years. It ensued from the lesser CPI growth of only 0.3 percent in March of 2012. These macroeconomic results were achieved through moderate monetary and fiscal policies, reads the statement by the NBU.Ukraine Makes Payment of USD 575 Million on IMF Stand-by LoanMarch 11, 2012 Ukraine paid off USD 575 million to the IMF for the first tranche of the stand-by agreement loan. This was stated by the Director of the General Department of Monetary Policy of the National Bank of Ukraine, Olena Shcherbakova, when commenting on how Ukraine serviced its external debt. Ukraine's GDP almost 5% up in 2011January 12, 2012 The balanced monetary policy of the National Bank of Ukraine (NBU) and the budget policy of the government allowed reaching a record low inflation level in the country – 4.6%. "Real wages grew by 8.5%, and this is the largest indicator in the CIS states.Ukrainian Security Risks for Doing Business in 2012 Are LowDecember 30, 2011 Just like most of European countries, Ukraine has low security risks for conducting business in the country in 2012. The 2012 ranking of political and security risks for conducting business by country were provided by the Control Risks consultancy. Most Attractive for Foreign Investment: Ukrainian Agriculture, Energy, Finance, Consumer GoodsDecember 21, 2011 Ukrainian agriculture, fuel and energy complex, financial services, and production of consumer goods will become the most appealing sectors of national economy for foreign investments in 2012. Ukraine’s Economy – One of The World’s Most PromisingNovember 11, 2011 Ukraine was named one of the world’s five most promising economies by the member of the U.S. House of Representatives Michael Grimm.Foreign Direct Investment to Ukraine Increases FivefoldAugust 25, 2011 Over the period of the last 12 months foreign direct investment to Ukraine has increased almost five times over. Comparing the first six months of 2010 and 2011 analysts have detected a 4,9-fold growth indicating a positive tendency in the national economy while proving the growing investment attractiveness of Ukraine.Ukraine Shows the Fastest FDI Growth in CISAugust 2, 2011 Ukraine is the leader among the Commonwealth of Independent States in the foreign direct investment growth, according to the United Nations trade and development body annual report on global foreign direct investment.Inflation for January 2011 was 1% in UkraineFebruary 9, 2011 In January 2011, the Consumer Price Index rose 1% in Ukraine, according to Derzhkomstat, the government statistics agency of Ukraine.Wages rise as the economy recoversFebruary 1, 2011 Moderate recovery in Ukraine’s economy in 2010 led to 20.0% growth in the average monthly wave, y-o-y, according to official statistics.Inflation reached 9.4% in Ukraine in 2010January 18, 2011 Derzhkomstat, the state statistics agency of Ukraine, has announced that inflation in 2010 was 9.4% for the year, compared to 2009.Azarov: 2011 will see stabilization and recovery from crisisDecember 29, 2010 Ukraine’s Premier Mykola Azarov called 2011 the year of stabilization and recovery from the crisis.GDP expected to grow 4.5% in 2011December 15, 2010 Ukraine’s Gross Domestic Product (GDP) is expected to grow by 4.5% in 2011 in real terms.0.5% inflation registered in OctoberNovember 11, 2010 In October 2010, the Consumer Price Index (CPI) was 100.5%, adding up to 107.9% since the beginning of the year.VAT refund arrears will be reduced tenfold says AzarovSeptember 21, 2010 The amount that the Government owed in refunds for the value-added tax (VAT) will be reduced to UAH 3bn as of October 1, 2010, according to a statement by Ukrainian Premier Mykola Azarov.Ukraine’s GDP grew 2.5% over January-July 2010August 31, 2010 In July 2010, Ukraine’s GDP rose 2.5% over the same period of 2009 and 5.0% for the first seven months of 2010, according to the National Bank of Ukraine.Ukraine’s GDP continues to riseAugust 17, 2010 Ukraine’s Gross Domestic Product (GDP) grew a further 6% during Q2’10, according to Derzhkomstat, Ukraine’s statistics agency.Ukraine sees 0.2% deflation in July 2010August 12, 2010 Ukraine saw prices shrink 0.2% in July 2010, compared to June, according to a report from Derzhkomstat, Ukraine’s state statistics agency.June inflation 0.5%July 2, 2010 Deputy Minister of Economy Mykhailo Rusynskiy announced at a press conference that June inflation was 0.5%.May sees 0.6% deflation in consumer pricesJune 13, 2010 In May 2010, Ukraine saw consumer prices contract by 0.6%, according to a statement released by Derzhkomstat, Ukraine’s official statistics agency.Confidence of foreign investors in Ukrainian economy gradually returningMay 18, 2010 Ukrainian President Viktor Yanukovych has given assurances that the confidence of foreign investors in our national economy is gradually being restored. He stressed this during a meeting of the Council of Regions.Ukraine’s economy gradually recoveringApril 28, 2010 With exports on the rise, Ukraine’s economy began to recover over February-March, according to Troika Dialog Ukraine, an investment consultancy.IMF says Ukraine’s economy on upswingApril 14, 2010 The International Monetary Fund has noted that the economic situation in Ukraine is improving, according a statement by IMF permanent representative in Ukraine Max Allier.S&P raises Ukraine’s credit ratingMarch 24, 2010 The Standard & Poor’s ratings agency has raised Ukraine’s sovereign credit rating for bonds in foreign currencies from CCC+/3 to BC, and the sovereign credit rating for bonds in the domestic currency from BC to B/B.Inflows of FDI to Ukraine could reach US $6bn in 2010March 9, 2010 Inflows of foreign direct investment (FDI) to Ukraine’s economy could reach US $5-6bn, according to the deputy director of the InvestUkraine Foreign Investment
Facilitation Center, Maksym Ivanov.Yanukovych begins to “radically restructure” UkraineMarch 3, 2010 President Viktor Yanukovych has launched a “radical restructuring” of Ukraine.Ukraine's MinEcon drafts a national modernization strategy to 2020February 24, 2010 Ukraine’s Ministry of Economy has developed a strategy for national modernization strategy through to 2020. Its purpose is to address the need to coordinate efforts to increase the country’s competitive advantages.Investing in strategic innovation the only way out of crisisJanuary 29, 2010 The only way for Ukraine to pull out of the current crisis was to attract investment to strategic innovative projects.2009 showed that the peak of the crisis in the industrial sector has passed. But it now needs to modernize and radically restructure itself.January 22, 2010 By the end of December 2009, the most difficult period in the development of the industrial sector was gone through and now the situation can be expected to stabilize as output rises in Q1’10.Ukraine to attract Qatar capital for economic developmentJanuary 21, 2010 Ukraine is in favor of attracting capital investment from Qatar in order to expand its economy.Cabinet predicts 3.7% growth, US $8bn in FDI and 9.7% inflation in 2010November 25, 2009 Forecasts prepared by the Ministry of Economy and approved by the Cabinet of Ministers are for nominal GDP to be UAH 1,178 billion in 2010, representing 3.7% growth over 2009.World Bank upgrades 2010 economic forecast for UkraineOctober 21, 2009 The World Bank’s latest forecast for Ukraine for 2010 is for 2.5% economic growth and 11% inflation.President orients investors around Ukraine’s economyOctober 14, 2009 Ukraine’s President Viktor Yushchenko announced that Ukraine
was orienting towards new, concrete results in all areas of collaboration, especially in the farm sector, energy, aeronautics and heavy engineering.First signs of recovery in Ukraine's steel industryAugust 12, 2009 Ukraine’s steel industry shows first signs of recoveryUkraine’s economy begins to stabilizeAugust 5, 2009 Ukrainian economy overcomes the negative impact of the world financial crisisUkraine’s economy may have bottomed outMay 27, 2009 To the opinion of Alexander Paskhaver, the balance of trade is improving compared to last year, but external factors could still affect the country |
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