Volume of construction products produced by type in of Jan 2022 (mln UAH)
SSC of Ukraine
The National Bank of Ukraine (NBU) lifted a restriction on May 21 that allowed authorized institutions to sell cash foreign currency to customers with a deviation from the official no more than 10%, the press service of the regulator said on Friday.
Relevant changes were adopted by the NBU Board Resolution №102 of May 20, which was published on the Central Bank’s website and comes into force on May 21.
The document also removes similar restrictions on setting the exchange rate at which banks write off hryvnia funds from customers’ accounts if customers pay with hryvnia cards abroad.
“Removing restrictions on the exchange rates at which banks sell currency to the public will improve the working conditions of legal market participants. This will increase competition, increase liquidity in the legal segment and reduce illegal transactions. All this will make the foreign exchange market more stable and reduce exchange rate amplitude. fluctuations in its cash segment, “the press service of the Deputy Head of the NBU Yuri Geletiy was quoted as saying.
At a meeting on Friday, the Ukrainian government approved the composition of the delegation to begin negotiations with the European Union on an agreement on road freight transport between Ukraine and the EU, said Prime Minister Denis Shmygal.
“This means the maximum possible liberalization in this matter and in the issue of access to European ports,” he said, opening the meeting.
The Prime Minister pointed out that, according to the operative data of the State Customs Service, the total value of goods exported from Ukraine in April amounted to $ 2.7 billion, which is twice lower than in April 2021.
“Every day the government team works to increase the capacity of our western border. We are building a new logistics system. We are opening new checkpoints, green corridors. We have simplified customs as much as possible so that businesses can export products freely and quickly,” Shmygal said.
During the sowing season 2022, Ukraine sowed 11.84 million hectares of land with the main agricultural crops, which is 82.2% of the 14.4 million hectares planned for the current season, including 1.94 million hectares, the Ministry of Agrarian Policy and Food announced on Friday.
According to the data published on its website, as of May 19, the area under sunflower crops is 3.94 million hectares (80% of the 4.93 million hectares planned for 2022), corn – 4.17 million hectares (86% of 4.85 million ha), spring barley – 927,500 ha (92.6% of 1.02 million ha), spring wheat – 188,600 ha (99.4% of 189,600 ha), oats – 156,800 ha (95.8% of 163,600 ha), peas – 124,800 ha (86% of 145,700 ha).
In addition, the sown area under potatoes is 1.07 million hectares (90% of 1.19 million hectares), soybeans – 728,600 ha (78.6% of 1.25 million ha), sugar beet – 182,000 ha (88% of 206,900 ha), spring rapeseed – 28,400 ha (95.3% of 29,800 ha), millet – 32,100 ha (51.5% from 62,300 ha), buckwheat – 37,400 ha (46% of 81,600 ha).
“The sowing season in Ukraine continues. As a result, almost 98% of the areas projected for spring wheat have already been sown,” the Ministry of Agrarian Policy said in a statement.
In addition, in 2021, winter crops were sown for the 2022 harvest on a total area of 7.7 million hectares, including 6.5 million hectares of winter wheat, 1 million hectares of barley and 0.16 million hectares of rye.
In January-April this year, Ukraine reduced the import of aluminum ores and concentrate (bauxite) in quantity terms by 47.5% compared to the same period last year, to 932,928 tonnes.
According to statistics released by the State Customs Service, during this period, bauxite imports in monetary terms decreased by 42.3%, to $46.830 million.
At the same time, imports were carried out mainly from Guinea (60.58% of supplies in monetary terms), Brazil (27.96%) and Ghana (7.64%).
Ukraine did not re-export bauxite in January-April 2022.
Ukraine has joined the signing of the Roadmap for Global Food Security, aimed at combating the global food crisis, which is increasingly aggravated due to the blocking of Ukrainian seaports by the Russian Federation, the country’s key infrastructure for the export of agricultural crops, the Ministry of Agrarian Policy and Food announced on Thursday.
The corresponding document was signed on May 18 following a meeting of the heads of relevant agricultural ministries at the UN site in New York.
On the ministry’s website, it is specified that Minister of Agrarian Policy of Ukraine Mykola Solsky, in his address to the ministers of the agro-industrial complex of other countries, focused on the fact that the top priority for world food security was to stop Russia’s war against Ukraine and unblock the export of Ukrainian agricultural products.
According to him, due to the war in Ukraine, world prices for wheat and corn had already increased by more than 20%, which led to an increase in prices for basic food products in all countries of the world. The war unleashed by Russia is especially critical for the countries of Asia and Africa, which import grain mainly from Ukraine and which citizens spend more than 40% of their total costs on food.
The minister stressed that the global food crisis would worsen over time, and every state in the world has already begun to pay the price for Russian aggression in Ukraine due to grain shortages and inflation caused by rising food prices.
“Forecasts of the war impact on global food security, including the FAO forecast, must be adjusted to the above realities in the direction of deterioration. In order to prevent mass starvation, today it is critical to unblock the export of Ukrainian agricultural products,” the Ukrainian minister said.
According to him, in 2022, the future of three crops and the further work of their industry are being decided for Ukrainian farmers.
“Our farmers cannot export last year’s harvest. Secondly, due to the occupation and hostilities, we will harvest only half of this year’s harvest – its export may also be blocked … Thirdly, the next winter sowing campaign is under threat, after all, farmers could not sell their crops and do not have the means to purchase fuel, fertilizers, plant protection products, and they simply have nowhere to store this crop,” Solsky explained.
He recalled that most of this season’s winter wheat was sown in 2021 in the southern and eastern regions of Ukraine, where active hostilities are underway and some of which have been captured by Russian troops. The occupiers are actively stealing grain from the temporarily occupied territories, while Ukrainian farmers cannot harvest there, and if they do, they will not be able to sell it.
