Business news from Ukraine

Business news from Ukraine

Water level in Nikolaev as of Monday morning is 55 cm

Nikolaev Mayor Alexander Senkevich reported a decrease in water level in the Bug estuary near Nikolaev by 6 cm for the night from Sunday to Monday, the water level as of 8:00 on Monday is 55 cm.
“Overnight, the water level in the water area of Nikolaev has decreased by another 6 cm. As of 8:00 we have a mark of +55 cm,” – wrote Senkevich in Telegram.
As reported, the water level in the water area of Nikolaev as of 21:00 on Sunday was 61 cm.

Export of important goods from Ukraine in Jan-Mar 2023 in relation to 2022

Export of important goods from Ukraine in Jan-Mar 2023 in relation to 2022

Source: Open4Business.com.ua and experts.news

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Moldova to provide assistance to Ukraine in amount of 220 thousand euros to eliminate consequences of Kakhovka hydroelectric power plant explosion

Moldova will provide Ukraine with assistance worth 4.2 million lei (about 220,000 euros) to eliminate the environmental and humanitarian consequences of the Kakhovka hydroelectric dam explosion. A decree to that effect by the National Commission for Emergency Situations was published on the Moldovan government website.
The aid package will include water pumping stations, inflatable boats, food and equipment necessary to alleviate the consequences of the flood.
It is noted that the equipment will be provided from the reserves of the General Inspectorate of Emergency Situations and the Material Reserves Agency.

Family farms to be compensated 1.9 mln UAH of SSE – Ministry of Agrarian Policy and Food of Ukraine

The Ministry of Agrarian Policy and Food of Ukraine has sent 1.9 million UAH to an off-budget account for the payment of compensation to family farms, which are single social tax (SSST) payers, the press service of the Ministry said.
According to the information of the ministry, 170 members of agrarian farms have already received money in their personalized accounts as an additional payment for the previous year and the first quarter of 2023.
The procedure for granting SFKs this additional financial support was approved back in 2019 by the Cabinet of Ministers Resolution No. 565 of May 22, 2019.
According to the norms of the law on state support, in the first year the state refunds 90% of the amount of ERUs, but on the condition that the family farm has paid its share of 10%. In subsequent years, the share of compensation by the state is gradually reduced by 10% annually, and the share of payment of ERUs by the SFH, respectively, is increased by 10% annually.
As previously reported, the Ukrainian Agrarian Association urged the Parliament not to exclude ERUs from the certificate of tax reporting.

Canada will actively support Ukraine’s aspirations to join NATO – Trudeau

Canada will actively support Ukraine’s cooperation with NATO to join the Alliance as soon as additional circumstances allow, Canadian Prime Minister Justin Trudeau said.
“Ukraine must have a choice about how to defend itself and protect its people. And that’s why Canada will support Ukraine’s cooperation with NATO in every way possible as part of the work of the North Atlantic Alliance to support Ukraine’s accession as soon as additional circumstances permit,” Trudeau said in his remarks during a plenary session of the Verkhovna Rada of Ukraine on Saturday.

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Net sales of dollars by National Bank of Ukraine (NBU) fell to $277 mln after three weeks of increases this week

Net sales of dollars by the National Bank of Ukraine (NBU) fell this week to $277.6 million from $457.0 million a week earlier after three weeks of increases.
According to the NBU on its website, from June 5 to June 9, 2023, its purchase of currency rose to $11.9 million from $15.1 million, while sales fell to $292.7 million from $469.0 million.
In the cash market, the dollar depreciated by about UAH 0.10 during the week – to UAH 37.15/$1.
Since the beginning of the year, the NBU bought $146.0 mln on the market, while it sold $11 bln 40.3 mln.
As reported, the volume of interventions of the National Bank in May increased to $1.93 billion, compared to $1.37 billion in February and $1.67 billion in March.
However, due to a significant influx of external financing, international reserves rose by 4%, or $1.358 billion, to $37 billion 311.3 million in May.

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