NABU

Wednesday, October 2

Ukraine has fulfilled almost all IMF requirements for the sixth revision of the cooperation program. According to monitoring by the RRR4U consortium, the parties agreed on the successful fifth revision of the current cooperation program in early September. Soon, a decision from the Board of Directors...

Monday, July 1

The IMF has updated its memorandum with Ukraine; most conditions have been met, but new beacons have been added. Ukraine has already fulfilled 23 of the 37 requirements involving reforms and legislation changes. Among them are two new ones: changing the Criminal Procedure Code by the end of October to allow the ...

Monday, December 11

The Ukrainian Parliament adopts several laws necessary for starting negotiations on joining the EU. To fulfill the EC’s criteria for the opening of negotiations on Ukraine’s accession to the EU, Ukraine’s parliament approved a draft law on increasing the resources of the National Anti-Corrupti...

Wednesday, September 27

The US has announced a required list of reforms for the continuation of aid to Ukraine. These reforms center around the introduction of supervisory boards at state-owned enterprises and strengthening the independence of the NABU and SAP. “This list was provided as a basis for consu...

Wednesday, May 3

The anti-corruption and economic effect of digitization in Ukraine was estimated at UAH 16.3B. Based on the results of two years, the potential impact is estimated at UAH 48B, the Ministry of Digitization reported, commenting on signing a memorandum of cooperation with the National Anti-Corrupt...

Tuesday, March 7

Ukraine has fulfilled the EU’s last recommendation: the head of the National Anti-Corruption Bureau has been elected. The government has appointed Semen Kryvonos as the new director of the NABU, a person with zero experience in investigating corruption, the non-governmental organization, the Anti-Corruption Center, r...

Tuesday, November 9

Ukrainian President Zelensky has signed the law on bringing NABU status in line with the Constitution, reported Interfax. Zelensky signed the law on amendments to specific laws of Ukraine on bringing the status of the National Anti-Corruption Bureau of Ukraine in line with the requirements of the Const...

Wednesday, October 20

The EU welcomed the adoption of the law on the status of NABU. The Head of the EU Delegation to Ukraine, Matti Maasikas, welcomed the adoption by the Verkhovna Rada of a draft law on amendments to the legislation on the National Anti-Corruption Bureau of Ukraine....

Tuesday, February 16

For services, Ukraine’s traditional surplus shrank by 31%, to $6 billion For services, Ukraine’s traditional surplus shrank by 31%, to $6 billion. Exports declined by 28.5%, to $11.2 billion. Imports fell by 25%, to $5.2 billion.

Asia was Ukraine’s fast growing export market Asia was Ukraine’s fast growing export market, the Economy Ministry reports on its website. “The most important indicators are the phenomenal growth of exports of Ukrainian products to Vietnam and Chi...

Ukraine’s economy returned to normal at the end of last year with fourth quarter GDP down only 0.7% Ukraine’s economy returned to normal at the end of last year with fourth quarter GDP down only 0.7% below the fourth quarter of 2019. Despite the weekend lockdowns in November, consumer demand was a m...

No IMF tranches “ No IMF tranches “will not be a catastrophe” for Ukraine, Danylo Hetmantsev, chairman of the Rada’s Committee on Tax and Customs Policy, told reporters yesterday. On Saturday, the IMF announced that it...

The Cabinet of Ministers submitted a bill to the Rada yesterday to fire Artem Sytnyk, head of the National Anti-Corruption Bureau of Ukraine, or NABU. The Cabinet of Ministers submitted a bill to the Rada yesterday to fire Artem Sytnyk, head of the National Anti-Corruption Bureau of Ukraine, or NABU. Funded largely by the EU and the US, the bureau i...

A total of $3 billion worth of deals and memorandums were signed over the last two days by Ukrainian company executives and officials in the United Arab Emirates A total of $3 billion worth of deals and memorandums were signed over the last two days by Ukrainian company executives and officials in the United Arab Emirates, the third largest economy in the Midd...

After Sunday’s defense production deals, most of yesterday’s contracts were signed with Mubadala Investment Fund, the oil-rich nation’s sovereign wealth fund After Sunday’s defense production deals, most of yesterday’s contracts were signed with Mubadala Investment Fund, the oil-rich nation’s sovereign wealth fund. With $232 billion in assets under managem...

“Ukraine has very promising potential for foreign investment “Ukraine has very promising potential for foreign investment, and the signing of memorandums with leading entities of Ukraine represents a commitment to explore potential investments and areas of coop...

Deal highlights are: Deal highlights are:

DTEK CEO Maksym Tymchenko signed a memorandum of understanding with Masdar, Mubadala’s renewable energy company. DTEK CEO Maksym Tymchenko signed a memorandum of understanding with Masdar, Mubadala’s renewable energy company. Masdar CEO Mohamed Jameel Al Ramahi noted that Masdar has projects in 30 countries and ...

Oschadbank, or State Savings Bank of Ukraine, signed an agreement with Mudabala Oschadbank, or State Savings Bank of Ukraine, signed an agreement with Mudabala “to identify potential initiatives for joint investment in Ukraine,” reports the bank’s press service.

Abu Dhabi is setting a goal of “increasing trade and investment in agro with Ukraine 10 times over several years, that is, to bring it to $2 billion a year,” Abu Dhabi is setting a goal of “increasing trade and investment in agro with Ukraine 10 times over several years, that is, to bring it to $2 billion a year,” Zelenskiy economic advisor Timofei M...

Abu Dhabi’s Abu Dhabi’s INTELMAX Management Consulting will set up a Kyiv office to work with Ukraine’s Finance Ministry to create a platform for the exchange of intellectual property based on Fantom blockchain a...

Dubai Ports World showed President Zelenskiy their proposal to create several new terminals in Yuzhny, Ukraine’s busiest port. Dubai Ports World showed President Zelenskiy their proposal to create several new terminals in Yuzhny, Ukraine’s busiest port. DP World has drawn up plans to build terminals for general grains, minera...

Dmytro Sennychenko, chairman of Ukraine’s State Property Fund Dmytro Sennychenko, chairman of Ukraine’s State Property Fund, and Sergiy Tsivkach, executive director of UkraineInvest signed memorandums with Mubadala to create possibilities for large scale investm...

Ukraine’s trade deficit in goods and services shriveled last year to $255 million – 93% below the level of 2019 Ukraine’s trade deficit in goods and services shriveled last year to $255 million – 93% below the level of 2019, reports the State Statistics Service. The most dynamic factor was the 12.5% drop in imp...

Friday, February 12

Before the Euro Parliament vote, Josep Borrell the Commission’s de facto foreign minister, warned: Before the Euro Parliament vote, Josep Borrell the Commission’s de facto foreign minister, warned: “Despite notable progress, widespread corruption continues to hamper Ukraine’s reform process. Its ke...

Many of the Euro Parliament recommendations coincide with Many of the Euro Parliament recommendations coincide with “10 Steps for Ukraine’s Economic Recovery and Growth in 2021,” a charter released yesterday by the American Chamber of Commerce in Ukraine....

To speed up privatization of Ukraine’s 3,500 state companies To speed up privatization of Ukraine’s 3,500 state companies, Mikheil Saakashvili’s Office of Simple Solutions and Results has sent to the Rada a package of bills that would deprive courts of the powe...

The EU and the WHO The EU and the WHO said yesterday that they will spend €40 million over the next three years to help Ukraine and five other former Soviet republics to roll out vaccinations against Covid-19. WHO Europ...

With snow forecast for all day today and into tomorrow, trucks are restricted from entering Kyiv City and from moving on many highways in Western Ukraine With snow forecast for all day today and into tomorrow, trucks are restricted from entering Kyiv City and from moving on many highways in Western Ukraine. Ukravtodor is using almost 1,000 snow plows t...

Foreign purchases of Ukrainian government bonds are returning to their peak levels of late 2019 Foreign purchases of Ukrainian government bonds are returning to their peak levels of late 2019, reported Dragon Capital. Over the last month, foreign purchases totalled $526 million, “close to peak m...

State-owned PrivatBank was the most profitable bank in Ukraine last year State-owned PrivatBank was the most profitable bank in Ukraine last year, recording $910 million in net profit. The next four most profitable banks were: Raiffeisen Bank Aval – $145 million; sta...

The net profit of all Ukrainian banks amounted to $1.475 bln last year, or 29% less than 2019 The net profit of all Ukrainian banks amounted to $1.475 bln last year, or 29% less than 2019, reports the National Bank of Ukraine. Out of 73 banks operating in Ukraine last year, 65 were profitable,...

Kolomoyskiy and Boholyubov, who are both under investigation by the FBI for money laundering, are suing the US Government for attempting to seize their Texas commercial building worth $23 million Kolomoyskiy and Boholyubov, who are both under investigation by the FBI for money laundering, are suing the US Government for attempting to seize their Texas commercial building worth $23 million, RFE...

Millions of Ukrainians signed up in the first year of the government’s Diya mobile app for digital services. Millions of Ukrainians signed up in the first year of the government’s Diya mobile app for digital services. As a result, the number of partner agencies and companies is expected to increase 10-fold t...

By the end of next month, Diya users will be able to change their registered places of residence, use electronic signatures, and interact with government for taxes By the end of next month, Diya users will be able to change their registered places of residence, use electronic signatures, and interact with government for taxes, medical records and construction pe...

This year, five years after the Ukraine-EU free trade agreement went into force, both sides “are ready to start the review of trade liberalization for goods This year, five years after the Ukraine-EU free trade agreement went into force, both sides “are ready to start the review of trade liberalization for goods,” Valdis Dombrovskis, the European Commissi...

In a blunt resolution approved Wednesday by 526 European Parliament members – three quarters of the total In a blunt resolution approved Wednesday by 526 European Parliament members – three quarters of the total – the Euro Parliament criticizes Ukraine for weak progress on cleaning up the courts, for putt...

Concorde Capital’s Yuri Svirko writes Concorde Capital’s Yuri Svirko writes: “While the EP resolution will have no immediate effect on the EU-Ukraine relations, including the visa-free travel regime or further trade liberalization, it is ...

Ukraine’s Ukraine’s Anti-Corruption Prosecutor’s Office, or NABU, is investigating corruption reports surrounding the vaccine, Maksym Hryschusk, acting head of the unit told reporters Wednesday. Separately, a c...