The money supply in Ukraine (aggregate M3) increased by 1.4% in June, or by UAH 30.5 billion, to UAH 2 trillion 151.6 billion after a decrease by 0.1% in May and growth by 2.4% and 2.6% respectively in April and March, the National Bank of Ukraine (NBU) reported.
According to his data, deposits over the past month increased by 2.4%, or by UAH 35.1 billion – up to UAH 1 trillion 520.2 billion, while in May their volume increased by only 0.3% after an increase of 3. 2-3.6% in April-March.
Unlike previous months, this happened both due to hryvnia deposits, which increased by 1.8%, or by UAH 18.9 billion – up to UAH 1 trillion 39.8 billion, and due to foreign currency deposits, which increased by 3.5% , or by UAH 16.2 billion – up to UAH 480.4 billion.
In May, hryvnia deposits decreased by 0.2%, while foreign currency deposits increased by 1.4%, while in April and March, hryvnia deposits grew rapidly – by 4.7% and 7.5%, respectively.
The NBU indicates that the monetary base (reserve funds) in June decreased by 1.3%, or by UAH 9.6 billion, to UAH 729.4 billion, after a slight increase of 0.4% in May.
At the same time, cash in circulation outside banks (M0) over the past month decreased by 0.8% (in May – by 0.9%), or by UAH 5 billion – to UAH 629.4 billion.
Reserve money of banks, which grew by 8.8% in May, decreased by 4.4% in June to UAH 100 billion.
Over the past month, banks increased investments in certificates of deposit from UAH 163.4 billion to UAH 189.4 billion, slightly reducing funds on correspondent accounts – from UAH 57.3 billion to UAH 56 billion and cash at the box office – from UAH 47.3 billion to UAH 44 billion
The volume of loans after an increase in May by 0.8% in June decreased by 1.3%, or by UAH 13.7 billion, to UAH 1 trillion 26.9 million. At the same time, as a month earlier, both hryvnia loans decreased by 1%, or by UAH 7.5 billion, to UAH 777.4 billion, and foreign currency loans, by 2.4%, or by UAH 6.2 billion. up to UAH 249.5 billion
In general, over the first half of this year, the money supply in Ukraine increased by 3.9%, the base – by 10.1%, cash outside banks – by 8.3%.
Deposits in hryvnia for January-June increased by 2.5%, in foreign currency – by 1.3%. Hryvnia loans increased by 5.4%, while foreign currency loans fell by 14.4%.
As reported, the money supply in Ukraine in 2021 increased by 12%, the base – by 11.2%, cash outside banks – by 12.5%.
The deposit portfolio of banks last year grew by 11.9% due to a jump in hryvnia by 21.4%, while in foreign currency it decreased by 4.1%. The loan portfolio of banks in 2021 increased by 9% due to an increase in hryvnia loans by 23.7%, while foreign currency loans decreased by 16.2%.
Civilian casualties from February 24, when Russia started the war against Ukraine, to 24:00 on July 11 amounted to 11,544 civilians (as of July 3 – 11,152), including 5,024 dead (4,889), the Office of the UN High Commissioner reported Human Rights Council (OHCHR) on Tuesday.
“Most of the reported civilian deaths or injuries were caused by the use of explosive weapons with a large area of effect, including shelling from heavy artillery and multiple launch rocket systems, as well as rocket and air strikes,” the document notes on UN data.
This is the case, for example, in Mariupol (Donetsk region), Izyum (Kharkiv region), Lysychansk, Popasna and Severodonetsk (Luhansk region), where numerous civilian deaths or injuries were reported.
According to confirmed UN data, 1905 men, 1316 women, 161 boys and 141 girls died, while the sex of 41 children and 1460 adults has not yet been determined.
Among the 6,520 wounded were 202 boys and 144 girls, as well as 187 children whose gender has not yet been determined.
Compared to July 3, eight children were killed and 12 more were injured.
If earlier the OHCHR report on the number of casualties was published daily, and then only on weekdays, now it has become a weekly one. In this report, as in the previous one, data are also given by months.
According to them, the deadliest month for civilians was March, with a minimum of 3,028 deaths, while in April their number dropped to 660, in May to 453 and in June to 361.
From 1 to 11 July, according to the UN, 159 people died, while in the first five days of the war from 24 to 28 February – 336.
According to the report, in July, 157 people died from explosive weapons with a large impact zone and another 364 were injured, while mines and explosive remnants of war – respectively 2 and 2 (1% of total casualties).
The summary also traditionally states that increases from the previous report should not be attributed only to cases after 3 July, as during this period the Office verified a number of cases from previous days.
The US Agency for International Assistance (USAID) is launching a 5-year, $45 million project to strengthen Ukraine’s healthcare system, US Ambassador to Ukraine Bridget Brink said.
“This assistance will include crisis response, mental health services and more in line with First Lady (Elena) Zelenska’s Mental Health Initiative,” Brink tweeted following a meeting with Health Minister Viktor Lyashko.
Earlier on Tuesday, Ukraine also received a $1.7 billion grant from the United States through USAID to support the Medical Guarantee Program (SGP), in particular, to pay salaries to doctors.
According to the USAID website, the agency has provided $4 million in direct budget support to the government of Ukraine. These resources have helped the Ukrainian government continue to perform essential functions, such as providing gas and electricity to hospitals, schools and other critical infrastructure, supporting the delivery of humanitarian supplies citizens and continue to pay the salaries of civil servants and teachers. weiterhin wichtige Funktionen zu erfüllen, wie die Versorgung von Krankenhäusern, Schulen und anderen kritischen Infrastrukturen mit Gas und Strom. die Lieferung von humanitären Hilfsgütern an die Bürger zu unterstützen und weiterhin die Gehälter von Beamten und Lehrern zu zahlen.
In the July report, the US Department of Agriculture (USDA) reduced the forecast for the harvest of Ukrainian wheat in 2022/2023 marketing year (MY, July-June) by 2 million tons compared to June, to 19.5 million tons, while the estimate of its exports is kept at the level of 10 million tons.
“Production in Ukraine is reduced by 2 million tons to 19.5 million due to a reduction in acreage, as indicated in the statistics provided by the government of the country,” the US Department of Agriculture said in a report released on Tuesday.
According to the document, the assessment of domestic wheat consumption in Ukraine was reduced by 1 million tons – from 11.2 million tons to 10.2 million tons, including for feed – from 6 to 5 million tons, follows from the USDA July report.
In addition, from 6.01 million tons to 5.24 million tons, the forecast for carryovers at the end of the current marketing year was reduced compared to 5.84 million tons at its beginning.
The US Department of Agriculture in the new forecast kept the forecast for corn exports from Ukraine in 2022/2023 MY at the level of 9 million tons, and its harvest – 25 million tons. At the same time, the forecast for its domestic consumption in Ukraine was also left at the same level of 10.7 million tons.
According to the report, in general, the forecast for the feed grain harvest in Ukraine for MY 2022/23 remains at 31.76 million tons, and its exports at 10.83 million tons.
As reported, Ukraine in the marketing year 2021/2022 (MY, July-June) exported 48.51 million tons of grain and leguminous crops, which is 8.4% higher than in the previous marketing year, despite the full-scale invasion of the Russian Federation and difficulties with the export of agricultural products from -for the blockade of Ukrainian seaports.
In general, in MY 2021/2022, the country supplied to foreign markets 18.74 million tons of wheat (12.6% more compared to the same date in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5 .75 million tons of barley (+35.9%), 70.9 thousand tons of flour (-44.1%).
The wheat harvest last year amounted to 33 million tons, feed grain – 53.5 million tons, including corn – 42.13 million tons.
President of Ukraine Volodymyr Zelenskyy has appointed Maxim Subkh as Special Representative of Ukraine for the Middle East and Africa.
The corresponding decree is dated July 12 and published on the website of the head of state.
Ukraine, while active hostilities with the Russian aggressor continue, is in survival mode, and during this period it is too early to take on billion-dollar projects for decades, Infrastructure Minister Oleksandr Kubrakov believes.
“Now we need to launch a lot of low-cost and small projects that will help us and our trading partners to implement them quickly and concretely,” he said in an interview with the Swiss newspaper Neue Zürcher Zeitung.
“Instead of planning completely destroyed hospitals from scratch, I prefer to focus on repairing hospitals with broken windows and damaged roofs,” the minister explained.
Among such priority projects, he named the rapid repair of bridges, roads and railway lines, which are key for the army and economic recovery, as well as all projects related to increasing the country’s export capabilities.
“Honestly, we are not talking about billions, but millions and many other small projects. New, more efficient checkpoints on the border with Poland, Romania and Moldova, new railway lines from the nearest cargo points in Ukraine, which use the European standard track instead of the Russian wide track,” Kubrakov explained.
According to him, global reconstruction in Ukraine will begin with the end of the war. The Minister of Infrastructure noted the need not just for the reconstruction of old Soviet bridges, but for the construction of new ones using modern technologies.
“Instead of repairing Soviet bridges, we should seize the opportunity to create new ones using the latest technology. And we should at least convert and electrify railways from the Soviet wide track to the European standard one in such a way that all the country’s important cargo hubs are directly connected with Europe,” the minister said.
