Based on the results of the competition, the Cabinet of Ministers selected Ward Howel Ukraine, Executive Search Ukraine and Pedersen & Partners to select applicants for the positions of members of the supervisory boards of the state-owned Oschadbank, PrivatBank and Ukreximbank (all from Kyiv), respectively.
According to a posting on the Cabinet’s website, the government also determined the terms of payment for the services of companies and the contract for the provision of these services.
It is indicated that the competitive selection was carried out by a commission created by the Ministry of Finance from among its employees, as well as representatives of international organizations involved with an advisory vote.
According to the law “on banks”, the Supervisory Board of the State Bank should consist of nine members, six of whom should be independent, and three – one representative of the president, the Cabinet of Ministers and the Verkhovna Rada.
On October 3, the National Bank of Ukraine (NBU) will conduct another exchange of non-cash currency for cash to reinforce banks’ cash desks, the regulator’s press service told Interfax-Ukraine on Friday.
“On Monday, October 3, the NBU will once again carry out operations to exchange cash for non-cash currency. $100 million and EUR100 million will be offered for the exchange of a systemically important bank. The results of the operations will be made public on the day they are carried out,” the report says.
The press service noted that the previous activities of the bank had already had a positive effect, in particular, the number of banks participating in the relevant operations decreased, and the balances of foreign currency in cash in the system increased.
As reported, on September 7, the National Bank exchanged $100 million in cash for non-cash to banks, on September 12 – $100 million and EUR72 million, on September 19 and 27 – $100 million and EUR20 million each.
The regulator clarified that the operations of exchanging non-cash currency for cash will be carried out as long as it is necessary. The results of the relevant transactions will be published on the day of the transaction on Facebook and Telegram.
The NBU noted that such operations will not affect international reserves.
The Board of Executive Directors of the International Monetary Fund (IMF) approved the provision of additional assistance to countries suffering from a significant balance of payments deficit, within which Ukraine plans to receive $1.3 billion in assistance, the press service of the National Bank of Ukraine reported on Friday.
“Under this program, Ukraine will request about $1.3 billion in emergency financing from the IMF. After approval by the IMF Board of Executive Directors, these funds may arrive as early as October,” NBU Governor Kirill Shevchenko said.
He pointed out that the NBU hopes for an early start of work on a new full-fledged IMF program.
PrJSC “Yuzhkoks” (Kamenskoye, Dnepropetrovsk region) in January-August of this year reduced the production of metallurgical coke by 19.8% compared to the same period last year – up to 393 thousand tons.
A representative of the company told Interfax-Ukraine that in August the company produced 54,000 tons of metallurgical coke.
At the same time, he added that in January-August 2022, the production of gross coke with 6% moisture content amounted to 455 thousand tons, including 63 thousand tons in August.
The plant produced 490 thousand tons of coke in eight months of 2021, including 52 thousand tons in August 2021.
During this period, the enterprise was supplied with 515 thousand tons of domestic coal, 54 thousand tons from Russia (before the war) and 45 thousand tons from the USA. In August, only domestically mined coal was supplied in the amount of 69 thousand tons.
As reported, in January-August this year, Ukrainian Coke Plants reduced the production of gross coke with 6% moisture by 55.2% compared to the same period last year, to 2.94 million tons. Including for 8 months-2022, the production of metallurgical coke amounted to 2.52 million tons. At the same time, 257.7 thousand tons of gross coke were produced in August, including 221 thousand tons of metallurgical coke.
Ukraine in 2021 reduced the production of coke by 1.3% compared to 2020 – to 9.543 million tons.
The authorized capital of PJSC “Yuzhkoks” is UAH 171.918 million, the par value of the share is UAH 0.25.
The United States Congress on Friday approved a bill to provide Ukraine with a $12.3 billion military and economic aid package, The New Yorks Times reports.
“On Friday, Congress gave final approval to a short-term package that would allow the government to operate until mid-December and avoid a midnight shutdown, as well as send about $12.3 billion in military and economic assistance to Ukraine,” the statement said.
It clarifies that the House of Representatives passed the document less than 12 hours before the funding deadline and submitted it to President Biden for signature.
This will allow the government to work until December 16, giving lawmakers time to iron out significant disagreements over a dozen annual spending bills.
According to them, the package of said assistance includes the third tranche of assistance to Ukraine to fight Russia, in addition to the total amount of about $54 billion approved earlier this year.
“Following Friday’s vote, Congress has given Ukraine more military aid than any other country in a single year since the Vietnam War, signaling a remarkable bipartisan consensus in favor of pouring massive amounts of American resources into the fight as the country seeks to wrest much of its power from Russia. territory,” the reporters said.
The Ministry of Foreign Affairs of Ukraine is intensifying work on the NAZOVNI system to support domestic business, said Ukrainian Foreign Minister Dmytro Kuleba.
“Last year, at the conference of ambassadors, we presented to the President a unique product – the NAZOVNI digital system. This is an electronic account of the exporter, which is directly connected with all Ukrainian diplomatic missions around the world. To be honest, we did not deal with this project from February to June due to objective circumstances, but then I said that war is war, but helping Ukrainian business is also helping Ukraine win the war, because the economy must live,” Kuleba said in an exclusive interview with Interfax-Ukraine.
The Minister stressed that no country has won the war with a dead economy.
“We have sharply increased turnover on NAZOVNI, connected absolutely all embassies and consulates to it. This is the principle of one window: the exporter came in, created an office for himself, indicated that he was selling to the countries that interested him, the embassy of the corresponding country immediately saw it, worked it out request, went back to the exporter and said: “You can sell so much of this here, here is the partner, here is the contact, here is how the local legislation works,” he said.
Kuleba added that every two or three weeks he receives a selection of reactions that the business leaves for the work of NAZOVNI.
“We do this in order to hear comments and improve, fix bugs in the system. Our basic client is small and medium-sized businesses, we help them enter foreign markets and earn currency. And when they write kind words, they are amazed that everyone works and the state really helps, it motivates us to work even harder,” he explained.
The head of the Ukrainian Foreign Ministry drew attention to the fact that now the number of applications in the system has increased dramatically, and it is clear that business has felt the real help of diplomats. According to him, as of September 25, 662 companies are already registered in the NAZOVNI system. Basically, these are producers of agricultural products, food, cosmetics, textiles, wood and wood products, heavy industry, IT, construction service providers, Kuleba added.
“In total, this year we received 1,340 applications. And there are already several dozen specific successful projects, when we created new opportunities for Ukrainian companies in foreign markets. We will talk about these cases in more detail in order to attract even more companies to NAZOVNI,” the Foreign Minister assured Ukraine.
