The National Anti-Corruption Bureau of Ukraine has put MP of the IX convocation Margarita Shol (Servant of the People faction) on the wanted list.
“She did not indicate in the declaration for 2020 information about renting an apartment in Pechersk in Kyiv, the cost of which is about UAH 5 million,” the NABU press service said in a telegram channel.
State budget expenditures on Ukraine’s defense and national security in 2022 amounted to 32.5% of GDP, UAH 1.537 billion were allocated, Secretary of the National Security and Defense Council (NSDC) Oleksiy Danilov said.
“A few numbers. UAG 1.537 billion in 2022 were allocated to Ukraine’s national security and defense, which accounted for 32.5% of GDP. The needs of the frontline are of primary importance for President Zelensky and a definite priority!” Danilov said on Twitter.
The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) has increased tariffs for Green Card policies for those traveling abroad by 3.1% from December 30, 2022, the Bureau’s website reports.
According to the MTIBU, the last change in tariffs took place on November 17, 2022 upward by 6.9%, on October 3, 2022 – downward by 5.5%, and before that (July 26) – upward by 26.3%.
Green Card policies have been sold since 2009 in two types: all of Europe and Moldova. Also, from January 1, 2016, Ukrainian policies “Green Card” began to operate in Azerbaijan.
According to the MTIBU, the cost of the “Green Card” in Ukraine for 15 days for traveling in Europe for passenger cars rises to UAH 952 (previously – UAH 923), for buses – up to UAH 3.578 thousand (UAH 3.469 thousand), for trucks – up to UAH 2.246 thousand (UAH 2.178 thousand).
The cost of “Green Card” for one month for cars is now UAH 1.516 thousand (against UAH 1.470 thousand before), buses – UAH 4.970 thousand (UAH 4.818 thousand), trucks – UAH 2.982 thousand (UAH 2.891 thousand).
Six-month and annual policies “Green Card” for cars will now cost UAH 6.731 thousand and UAH 8.333 thousand respectively, for buses – UAH 17.396 thousand and UAH 32.307 thousand, for trucks – UAH 14.116 thousand and UAH 26.641 thousand.
The cost of policies for trips to Azerbaijan and Moldova for passenger cars for 15 days will be UAH 694 (previously UAH 672), for one month – UAH 1,020 thousand (UAH 989), for six months – UAH 2,340 thousand (UAH 2,268 thousand), for a year – UAH 3,331 thousand (UAH 3,230 thousand).
The amounts of single insurance payments under the contracts of international compulsory insurance of civil liability of owners of land vehicles are established by the Resolution of the Cabinet of Ministers of January 6, 2005 and are determined in euros.
“Green Card” is a system of insurance protection for victims of road accidents regardless of their country of residence and country of vehicle registration. “Green Card” covers the territory of 44 countries in Europe, Asia and Africa.
According to the decision of the General Assembly of the Council of the Bureau of the international motor insurance system “Green Card”, adopted in Luxembourg in May 2004, Ukraine is a full member of this system since January 1, 2005.
Global food prices in 2022 compared to 2021 rose by 14.3%, according to the FAO (Food and Agriculture Organization of the United Nations).
The FAO food price index was 132.4 points in December, down 1.9 percent from November. The decline has been going on for nine months. Compared to December 2021, the index was 1 percent lower. “The decrease in the index in December compared to November was due to a sharp fall in global vegetable oil prices along with some declines in grain and meat prices. However these were partly counterbalanced by modest increases in sugar and dairy prices,” the FAO survey said.
Cereal price index in December compared to November decreased by 1.9%, but it was 4.8% higher than in December 2021. For 2022, the Cereal Price Index reached a new record of 154.7 points and was 17.9% higher than in 2021. It was also 8.8% higher than the highest annual average in 2011. In 2022, global corn and wheat prices reached a new record high and were 24.8% and 15.6%, respectively, above the 2021 average.
The vegetable oil price index fell 6.7% in December compared to November and was the lowest since February 2021. This is due to the fall in world prices of palm, soybean, rapeseed and sunflower oils, explained in the review. In addition, a decrease in world quotations of vegetable oils was contributed by reduction of prices for crude oil.
At the end of 2022, the vegetable oil price index was 187.8 points, which is 13.9% higher than in 2021, and was the highest annual average.
The price index for dairy products in December was 1.1% higher than in November. It rose after five months of decline and was 7.9% higher than in December 2021. At the end of 2022, the index was 142.5 points, up 19.6% from 2021. This is the highest figure since 1990.
The Meat Price Index in December was 1.2% lower than in November. The decline has been going on for six months. But compared to December 2021, the index was 2.5% higher. “The decrease in the index in December was due to a drop in world beef and poultry prices, which was partially offset by an increase in pork and lamb prices,” the survey said. At the end of the year, the index was 118.9 points, 10.4 points higher than in 2021. It was the highest since 1990.
The sugar price index in December compared to November rose by 2.4%. The increase continues for a second month, with prices reaching their highest level in six months. At the end of 2022, the index was 114.5 points, up 4.7% from 2021. This is the highest figure since 2012.
The FAO Food Price Index is a weighted average that tracks the international price movements of five major food commodity groups.
LLC “Altair-Aktiv” owning 89.78% of shares of PJSC “Insurance company “Ultra Alliance” (formerly IC “Ultra” Kiev) reduced its stake to 0%, according to official information from the National Commission on Securities and Stock Market.
Also, it is noted that the shareholders of the company became Andrew Goreltsev, who owns 40.94% shares of the insurer and Viktor Moskalenko – 48.84%.
It was also informed that “Finance Group” LLC, which owned 9,97% earlier, has kept its stock at the same level.
The report also clarifies that Victor Moskalenko owns 54.4% of the authorized capital in “Altair-Aktiv” LLC, Andrei Goreltsev 9.98%, Leonid Parashchuk 7.43%, Olga Chuprina 9.41%, Igor Rudyak 6.69%, Liudmila Filinovskaya 6.69%, Liudmila Shchurova 5.40% of the authorized capital.
As reported, IC Ultra provides insurance services since 2004 and has 17 licenses for compulsory and voluntary types of insurance.
October 2, 2022 National rating agency “Rurik” has confirmed the long-term borrower rating of IC “Ultra Alliance” at level uaAA of investment category with the forecast “development” and insurer financial strength rating (stability) at level uaAА of investment category.
Russian attacks on critical infrastructure facilities in October accelerated the fall in GDP to 39% from October 2021, which is worse than in September-August – 35%, said First Deputy Prime Minister – Minister of Economy of Ukraine Yulia Svyrydenko at a meeting with representatives of the American media.
The fall in Ukraine’s GDP in 2022 could be 33-35%, Finance Minister Serhiy Marchenko said at a briefing in Kyiv.
Massive Russian missile strikes on the Ukrainian energy infrastructure, which began in October, stopped the trend of slowing down the decline in the Ukrainian economy, its forecast for the year has been worsened from 32% to 35%, the ICU investment group reports in an updated macroeconomic forecast.
Dragon Capital investment company, one of the leaders in the Ukrainian market, worsened its forecast for a decline in real GDP this year by 2 percentage points, to 32% and retained its forecast for a decline in 2023 by another 5%, despite the improvement in the key assumption about the course of the war.
Exports of goods from Ukraine in October fell by 8.2% compared to September, to $3.805 billion, while imports rose by 2.6%, to $4.615 billion, Deputy Economy Minister and Trade Representative Taras Kachka said.
The deficit of Ukraine’s foreign trade in goods in January-September 2022 increased 2.4 times compared to the same period in 2021, to $5.419 billion from $2.264 billion.
The growth of consumer prices in Ukraine in October 2022 accelerated to 2.5% from 1.9% in September, 1.1% in August and 0.7% in July.
The money supply in Ukraine (M3), after growing by 0.8% in September, added another 2.3% in October, or UAH 52.6 billion, to UAH 2.330 trillion, the National Bank of Ukraine (NBU) said.
Ukraine, which has achieved a deferral of repayment and payment of a significant part of external obligations to private creditors and the Paris Club, may enter into negotiations on the final terms of restructuring for the state debt closer to the end of the war, Deputy Head of the President’s Office Rostyslav Shurma has said.
Economic Monitoring’s Project Manager – PhD in Economics, Maksim Urakin
