DT World to offer customs reform program to Ukraine – President s Office 2 min read
DT World (the UAE) will offer the Ukrainian side a roadmap for reforming, modernizing Ukrainian customs, simplifying, accelerating and improving its work, according to a Tuesday posting on the website of the Office of the President of Ukraine.
The relevant proposal was made by DT World Chief Operating Officer Mahmood Al Bastaki during a meeting in the President s Office dedicated to the reform of the Ukrainian customs.
In turn, Deputy Head of the President s Office Yulia Svyrydenko suggested focusing on the development of a roadmap in order to submit it to the senior leaders.
IFC to issue five-year EUR30 mln loan to Ukrgasbank with possible conversion into bank s capital 2 min read
The International Finance Corporation (IFC) and the state-owned Ukrgasbank (Kyiv) on January 25 signed an agreement to provide Ukrgasbank with a five-year loan for EUR 30 million with the possibility of converting it into a 20% stake in the bank s capital, the press service of the National Bank of Ukraine (NBU) has told Interfax-Ukraine.
The signing ceremony was attended by President of Ukraine Volodymyr Zelensky, Minister of Finance Serhiy Marchenko, NBU Governor Kyrylo Shevchenko, Chairman of the Board of Ukrgasbank Andriy Kravets, and IFC Regional Manager for Ukraine, Belarus and Moldova Jason Pellmar.
17:44 22.01.2021
IFC on Jan 25 to sign agreement to issue five-year EUR 30 mln loan to Ukrgasbank with possible conversion into bank s capital 2 min read
The International Finance Corporation (IFC) and the state-owned Ukrgasbank (Kyiv) will sign an agreement on January 25 to provide Ukrgasbank with a five-year loan for EUR 30 million with the possibility of converting it into a 20% stake in the bank s capital, the Finance Ministry has told Interfax-Ukraine.
According to the report, the execution of the agreement will become one of the important steps for the international financial organization to become a shareholder of the state bank in Ukraine, which, in turn, is the fulfillment of one of the state s obligations within the framework of the Stand-By Arrangement with the IMF.
Cabinet adopts Concept of Ukraine s Space Program 2021-2025 with budget financing of UAH 15 bln 2 min read
The Cabinet of Ministers of Ukraine has approved the Concept of the national target scientific and technical space program of Ukraine for 2021-2025. The relevant decision was made at the Wednesday government meeting. Finally, the situation in the industry will get off the ground, because the last few years it has actually been in a frozen state, not understanding either its priorities or the conditions for development. The next important and urgent step is the adoption of the National target scientific and technical space programs of Ukraine for 2021-2025, Deputy Prime Minister, Minister for Strategic Industries of Ukraine Oleh Urusky said.
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.