Section: Latest news
IMF confirms it may decide on new disbursement to Ukraine by year-end
The International Monetary Fund, Ukraine`s largest lender, which decided on a third US$1 billion disbursement to Ukraine on September 14, may consider a new disbursement by the end of the current year. ”On the next review [of the Extended Fund Facility] and next disbursement – that could be by the end of the year. I don`t have the exact date,”...
No full ceasefire: Donbas militants open fire in Avdiyivka
The militants fired rocket-propelled grenades twice on the Avdiyivka industrial zone since the beginning of the day, the press officer of the Donetsk sector Oleksandr Zavtonov said on 112 Ukraine TV Channel. ”Since 00:00 Kyiv time, the situation in the area of responsibility of the Donetsk operational-tactical group has calmed down sharply,...
The National Bank of Ukraine allows companies to buy foreign currency to repay loans to non-residents
The National Bank of Ukraine (NBU) has eased foreign exchange market restrictions for businesses, which were introduced in 2014-2015 to stabilize the national currency, namely by allowing companies to buy foreign currency to repay loans to non-residents provided the availability of own foreign currency funds on accounts. NBU Resolution No. 386,...
Kremlin: No Donbas ceasefire promises given to Germany as Russia ”not party to conflict”
The Kremlin has stated it did not promise Germany to ensure the ceasefire in Donbas as Russia ”is not party to the conflict”, and it`s ”the armed forces of Donbas” that oppose Ukraine, Russia`s presidential spokesman Dmitry Peskov told an UaPosition correspondent in Moscow. ”There is a ceasefire, which is violated… In this wording, Moscow...
Kremlin explains why it refuses from holding Normandy Four meeting
Russian presidential press secretary Dmitry Peskov told reporters that the Normandy format meeting at the highest level would be held only when there were ”real issues” to be discussed, an UaPosition correspondent in Russia reported. When asked whether high-level talks in the Normandy format could be restarted in October, Peskov said: ”We are not...
Hryvnia strengthens on IMF decision to disburse loan tranche to Ukraine
Hryvnia quotations against the dollar on the interbank currency market on Thursday fell to UAH 26.16/26.25 to the dollar by the middle of trade, a broker at a commercial bank has told an UaPosition correspondent. Thus, the national currency has weakened by 18 kopiykas against the U.S. dollar as compared to the opening of trade. Hryvnia quotes...
Ukraine may abandon coal supplies from ATO zone provided diversification – Energy Minister
Ukraine`s Energy Minister Ihor Nasalyk says Ukraine can do without any coal supplies from the Anti-Terrorist Operation (ATO) zone if it increases consumption of gas coal instead of deficit grade of anthracite coal, of which the reserves are located mainly in the occupied territory of Donetsk and Luhansk regions. Further, the minister pointed to...
Ukrainian Foreign Minister: German, French FMs don`t force Ukraine to give special status to Donbas
Ukrainian Foreign Minister Pavlo Klimkin has said that German and French foreign ministers do not force Ukraine to provide a special status to Donbas immediately. ”They understand that we need to move by political means and through the release of the hostages. There will be nothing without these components. That`s what they mean, speaking of...
Deficit of Ukraine`s foreign trade in goods estimated at almost $1 bln
Deficit of Ukraine`s foreign trade in goods in January-July 2016 amounted to $947.4 million as compared to a surplus of $485.4 million in the same period last year, the State Statistics Service of Ukraine reported on its website. Goods exports from Ukraine in January-July 2016 fell by 10.5% year-over-year (y-o-y), to $19.545 billion, while goods...
IMF okays third disbursement to Ukraine under EFF
Ukrainian President Petro Poroshenko has announced that the International Monetary Fund`s Executive Board has approved a third disbursement to Ukraine under the Extended Fund Facility (EFF) program. ”The Fund`s decision paves the way to the allocation of U.S. financial aid worth $1 billion, macro-financial assistance worth an additional sum of...