5 min.
286
At a press conference on the two years of tenure, President Volodymyr Zelensky vowed to extend the Big Construction state program, the Verkhovna Rada changed three key ministers, and the Cabinet decided to abandon state regulation of gas prices for thermal generation firms – these are the key economic developments of the outgoing week.
The third week of May was marked by a big press conference delivered by Ukrainian President Volodymyr Zelensky on the two years in office. The guarantor of the Constitution spoke about his main achievements and priorities for the future.
In particular, Zelensky promised to continue active modernization of infrastructure and complete the Big Construction program only when everything is done in Ukraine in this regard.
5 min. 281 The year 2020, due to the coronavirus pandemic and the ensuing economic crisis, has become a real test of strength for Ukrainian banks. The system drew the right conclusions from previous crises and withstood the blow, while banks set a course toward expanding digital services.
The coronavirus pandemic that broke out in 2020 and the quarantine imposed in this regard triggered a deep economic crisis that changed the daily life of Ukrainians and hit many sectors of the national economy. Many businesses were forced to close down and suffer losses, as well as to adapt to the new online mode realities, which, at the end of a difficult year, has already become common and familiar to most.
3 min. 336 The Verkhovna Rada adopted the state budget for 2021 with a deficit of 5.5% of GDP, the hryvnia kept strengthening, while entrepreneurs continued their protest action against the introduction of a lockdown and tougher fiscalization – these are the key economic developments of the outgoing week.
The third week of December was marked by the passing of a new law on which the country s economic development will depend next year: the Verkhovna Rada approved the government-proposed bill on the state budget 2021 with a deficit of 5.5% of gross domestic product.
Reporting on the bill in parliament, Minister of Finance Serhiy Marchenko noted that the state budget draft was balanced and realistic.