Minister for Communities and Territories Development Oleksiy Chernyshov and Swiss Ambassador to Ukraine Claude Wild have launched a new Ukrainian-Swiss project UCORD (Ukraine’s Cohesion and Regional Development) with a budget of CHF 18 million (about EUR 17.2 million), aimed, among other things, at the improvement of public infrastructure in Ukraine, which is critical for the environment.
On the official Facebook page of the Swiss Embassy in Ukraine, it is specified that the UCORD project is synchronized with the adopted State Strategy for Regional Development until 2027, is designed for 12 years, and its total budget is CHF 18 million.
The key areas of support will be the institutional strengthening of the Regional Development Agencies, the improvement of environmentally critical municipal infrastructure (water supply, sanitation and waste management), as well as cultural initiatives to improve community cohesion.
The UCORD project will work both at the national level, supporting the Ministry for Communities and Territories Development, and at the level of regions and communities.
At the initial stage, the UCORD team will prepare a detailed project document and select target regions. The first four-year implementation phase will begin in September 2022.
Ukrainian banks’ cash exchange rates on 18/02/22
Source: Interfax-Ukraine
Ukraine in January of this year reduced export of intermediate goods made of carbon steel in quantity terms by 27.9% compared to the same period last year, to 486,479 tonnes.
According to statistics released by the State Customs Service, in monetary terms, export of intermediate goods made of carbon steel increased by 6.1% in January 2022, to $297.675 million.
The goods were mainly exported to Turkey (23.47% of supplies in monetary terms), Italy (20.64%) and Egypt (10.42%).
In addition, Ukraine imported 2,606 tonnes of such products in the first month of the year, which is 2.9 times more than in January 2021. In monetary terms, imports increased by 7.1 times, to $1.546 million. The goods were mainly imported from the Russian Federation (100% of supplies).
Ukraine’s GDP growth in 2021, according to preliminary estimates, will amount to 3.2%, which won’t compensate for the 4% economic decline in 2020, head of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn has said.
The World Bank has lowered its forecast for Ukraine’s gross domestic product (GDP) growth in 2022 to 3.2%, and in 2023 to 3.5%, while in October last year it expected it to increase accordingly by 3.5% and 3.7%.
The National Bank of Ukraine (NBU) has downgraded its estimate of the growth of the country’s gross domestic product (GDP) in 2022 from 3.8% to 3.4%, in 2021 – to 3% from 3.1%.
The deficit of Ukraine’s foreign trade in goods in January-November 2021 fell by 13.2% compared to January-November 2020, to $3.607 billion from $4.158 billion, the State Statistics Service of Ukraine reported.
The growth of consumer prices in Ukraine in 2021 accelerated to 10% from 5% in 2020 and 4.1% in 2019.
Inflation in the raw food group of goods in 2022 may range from 10% to 20%, which will lead to an inflationary jump to 8-10% and, in turn, will require anti-crisis measures, adviser to the Ukrainian president Oleh Ustenko has said.
The deficit of the general fund of the state budget of Ukraine in 2021 amounted to UAH 166.8 billion, while the plan was UAH 220.9 billion, and in December the deficit of the general fund was UAH 109.1 billion, the Ministry of Finance reported with reference to the operational data of the State Treasury Service of Ukraine.
The total state debt of Ukraine in December grew by 4.04% in U.S. dollars to $97.95 billion, in hryvnias by 4.43%, to UAH 2.671 trillion, according to data on the website of the Ministry of Finance, released on Wednesday.
Industrial production in Ukraine grew by 1.1% in 2021, while a 5.2% decline was recorded in 2020.
Ukraine in January-November 2021 sold industrial products (goods, services) worth UAH 3.185 trillion, which is 44.2% more than in January-November 2020 (UAH 2.209 trillion), including outside the country in the amount of UAH 920.471 billion.
Real wages in Ukraine in December 2021 increased by 11.9% compared to December 2020, and compared to November 2021, the growth was 21.5%.
The volume of construction work performed in Ukraine in 2021 increased by 5.1% compared to 2020, while the growth rate in 2020 compared to 2019, according to updated data, was 5.6%.
The transport enterprises of Ukraine in 2021 increased transportation of goods by 3.3% compared to 2020 – up to 619.9 million tonnes.
Since the beginning of the 2021/2022 marketing year (MY, July-June) and as of January 21, Ukraine has exported 36.08 million tonnes of grain and leguminous crops, which is 27.6% more than the figures for the same date of the previous marketing year.
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