KYIV, June 3 - The government has approved the forecast of economic and social growth of Ukraine for the next three years, according to which GDP growth under the baseline scenario is expected at 3.8% in 2022, 4.7% in 2023 and 5% in 2024, the Ministry of Economy reported on the website.

KYIV, June 8 – The adopted law, which has come into effect, amending the Tax Code of Ukraine by adding base oils to the list of excisable goods will have serious negative impact on production of lubricants in Ukraine, industry executives said.

KYIV, June 8 – Ukraine’s largest steelmaking plant, ArcelorMittal Kryvyi Rih, urged lawmakers to amend legislation to postpone for at least a year the increase in iron ore production royalty due to a crisis triggered by the coronavirus pandemic.

KYIV, June 4 – The National Television and Radio Broadcasting Council asked media reporters to avoid fear mongering and contributing to catastrophic moods, while respecting the laws protecting national interests and the national information space.

KYIV, June 4 – Oil transit through Ukraine by pipeline to Europe and Belarus in January-May increased by 9.7% (by 454,900 tons) compared to the same period in 2019, to 5.150 million tons, according to data from Ukrtransnafta.

KYIV, June 8 – Naftogaz plans to take a minimum 20% share in the market of gas supply to the population, the opening of which is expected from July 1, Maksym Rabinovych, the head of Naftogaz Ukrainy Gas Supply Company LLC, said.

KYIV, June 5 – A group of Democratic and Republican senators, including Ted Cruz, Jeanne Shaheen, John Barrasso, with the support of Tom Cotton and Ron Johnson, submitted a bipartisan bill to the U.S. Senate to expand sanctions against the construction of Nord Stream 2 pipeline, Interfax-Ukraine reported.

KIEV, June 6 - Ukraine's international reserves at the beginning of June amounted to $17.62 billion, which is 3% more than a month earlier, the relevant preliminary data have been posted on the website of the National Bank of Ukraine (NBU).

KIEV, June 7 – Direct railway passenger traffic between Ukraine and the European Union will be expanded and will carry 100,000 people by end of the year, Infrastructure Minister Volodymyr Omelyan said Wednesday.

KIEV, June 6 – Ukraine’s economy will expand 3.5% on the year in 2018, up from 3% growth seen earlier, the World Bank reported Tuesday.

The growth will continue to accelerate to 4% in 2019, up from 3% seen earlier, the bank said.