KIEV, Sept. 7 – The cabinet has proposed allocation of almost UAH2 billion in the 2008 national budget for the compensation of the difference between the price of imported gas that the national Naftogaz Ukrayiny has to buy, and the price of the gas it sells to heat supply enterprises.

KIEV, Sept. 7 – The government official in charge of Ukraine’s privatization effort has cast doubt on the Cabinet of Ministers projection of UAH7 billion in privatization revenues that is being used—along with UAH10.7 of borrowing—to partially offset government spending in the 2008 budget.

KYIV, Aug 8 – The export of agricultural products from Ukraine continues to be hampered by queues of grain wagons at the western border, an increase in railway transportation tariffs by Ukrzaliznytsia, as well as a lack of free transport and low purchase prices for agricultural crops on the domestic market, according to the website of the Ukrainian Agri Council (UAC).

KYIV, Aug 7 – National Bank of Ukraine Governor Kyrylo Shevchenko and Regional Manager of the International Finance Corporation (IFC) in Ukraine, Belarus and Moldova Jason Pellmar signed a memorandum on expanding access to credit and promoting electronic payments in the country.

KYIV, Aug 7 – Ukraine's foreign exchange reserves in July 2020 increased by 1%, to $28.802 billion, according to the National Bank of Ukraine (NBU).

"The growth of reserves over the past month was due, first of all, to the successful placement of eurobonds by the government," the central bank said.

KYIV, Aug 7 – Ukraine’s economy contracted 11% on the year in the second quarter during the coronavirus lockdown, which is better than 14% contraction that had been originally expected, the Economy Ministry reported Friday.

KYIV, Aug 6 – Registrations of electric cars (used and new) in Ukraine in July 2020 decreased by 6% compared to July of the previous year and by 3% from June of the current year, to 799 units (766 cars and 33 commercial vehicles), Ukrautoprom reports.

KYIV, Aug 6 – President Volodymyr Zelensky addressed a letter to Prime Minister Denys Shmyhal, in which he urged to take comprehensive measures to protect the economic interests of the state while selling strategic assets, the presidential press service reported.

KYIV, Aug 7 – Natural gas prices for households are not likely to increase this season due to massive underground gas reserves, Head of Naftogaz Ukrainy gas supplying company LLC Maksym Rabinovych said.

KYIV, Aug 8 - General Electric Transportation has sent the first of 30 GE TE33AC locomotives to Ukraine, the press service of Ukrzaliznytsia has reported.