Tag: finance
EIB To Provide EUR 30 Million For Modernization Of Ukrposhta’s Logistics Network
Three new sorting centers and 20 postal depots will be built.
Cabinet Approves Boryspil Airport’s Financial Plan For 2020
According to the financial plan, the state-owned airport will pay UAH 892.6 million to the state in 2020.
Ukreximbank Provides Second Loan Tranche Of UAH 5.081 Billion To Ukravtodor
The bank lowered the interest rate on the second loan tranche compared with the base rate.
Cabinet Lowers Dividend Rate For Boryspil And Lviv Airports
The dividend rate for these airports was lowered from 90% to 30%.
Dividend Rate For State Enterprises Reduced By 10%
The Ministry of Infrastructure proposed lowering the dividend rate to 50%, but the Cabinet of Ministers only reduced it to 80%.
Ukravtodor Begins Issuing State-Guaranteed Bonds
The Ukravtodor bonds are redeemable by the state-owned Ukreximbank.
Road Repairs Will Continue To Be Financed In Full - Ukravtodor Director
According to Kubrakov, construction of 40% of the facilities that were planned for this year has already begun.
Ukravtodor May Issue Eurobonds In 2020
Ukravtodor is considering the possibility of issuing Eurobonds to raise funds for financing construction of roads.
Cabinet Approves Journalist Leschenko As Member Of Ukrzaliznytsia’s Supervisory Board
Zhuravlev and Leschenko are the new members of Ukrzaliznytsia’s supervisory board.
Cabinet Increases Ukrzaliznytsia’s Dividend Rate From 30% To 90%
The relevant resolution is published on the website of the Cabinet of Ministers.
Ukravtodor To Allocate Additional UAH 1 Billion For Road Repairs - Honcharenko
According to Member of Parliament Honcharenko, these funds were saved thanks to the strengthening of the hryvnia.
Significantly Lower Amount Will Be Allocated For Road Repairs In 2020
Funds for financing road infrastructure will reduce by UAH 8 billion in 2020, compared with the previously announced amount.
Rada Adopts 2020 State Budget
According to Finance Minister Oksana Markarova, the previously adopted laws on concession and privatization will eventually allow the country to exceed the revenue target of next year’s state budget.
Ukrzaliznytsia Begins Preparations For Initial Public Offering
The Ministry of Infrastructure, Ukrzaliznytsia, and the EBRD have signed a memorandum of cooperation on preparation for an Ukrzaliznytsia IPO.
Ukraine Rises 7 Places To 64th In World Bank's 2020 Doing Business Ranking
This was announced by Prime Minister Oleksii Honcharuk.
Foreign Investment In Ukraine Increases By USD 690 Million In 2018
Most of the money came from the Netherlands, which invested USD 951.5 million in the Ukrainian economy.
Ukrzaliznytsia Announces 5 Projects That Could Be Financed By European Commission
Ukrzaliznytsia’s head Yevhen Kravtsov spoke about some of the projects that will be financed by the European Union and the World Bank.
European Commission To Invest EUR 13 Billion In Creation Of Transport Networks In Eastern Partnership Countries
Ukraine will be able to use part of this money to modernize its existing roads and railways and build new ones.
Ukraine Receives IMF Loan Tranche Of USD 1.4 Billion
Ukraine’s international reserves exceed USD 20 billion, according to the National Bank of Ukraine.
Finance Ministry: EU Transfers EUR 500 Million To Ukraine As First Tranche Of Macro-Financial Assistance
The money will be spent on fighting corruption, improving the quality of government and the tax system, reforming the energy sector, social policy, etc.
