Governor of the National Bank of Ukraine (NBU) Yakiv Smolii does not rule out that a first tranche under the new Stand-By Arrangement (SBA) from the International Monetary Fund (IMF) could arrive this year. “For the time being we cannot talk about exact deadlines, since the decision will be made by the IMF board. We expect it to take place in December, and we can expect to receive a tranche this year,” he said at a monetary briefing in Kyiv.
As reported, the International Monetary Fund (IMF) staff and Ukraine have reached an agreement on economic policies for a new 14-month Stand-By Arrangement (SBA), which will replace the arrangement under the Extended Fund Facility (EFF), approved in March 2015 and set to expire in March 2019.
The agreement is subject to approval by the fund’s management and approval by its board of directors. The board’s meeting is expected to take place at the end of the year after the Verkhovna Rada adopts the national budget for 2019 in accordance with the recommendations of the IMF and the increase in gas and heating tariffs for households, reflecting market trends while maintaining support for low-income consumers.
President of Belarus Alexander Lukashenko will take part in the plenary session of the first Forum of the Regions of Belarus and Ukraine, which will be held in Gomel on Friday, the presidential press service of Belarus has reported. “It is expected that President of Ukraine Petro Poroshenko will also attend the event. Before the participation and speeches at the main platform of the forum, the presidents hold a one-to-one meeting. The main focus of the talks will be on trade development, economic and investment cooperation of the two countries through the prism of the potential of direct contacts at the regional level,” the press service noted.
They also informed that following the results of the forum, the signing of a number of documents and the conclusion of agreements aimed at expanding cooperation in the whole range of areas of Belarusian-Ukrainian cooperation are expected.
Turkish Airlines from November 15, 2018 will increase frequency of the Istanbul-Kyiv-Istanbul flight by five, to 21 flights a week, and from February 18, 2019 – by three more, to 24 flights a week. As reported, Turkish Airlines from September 25, 2018 increased the frequency of Odesa-Istanbul flights by three, to 21 times a week.
Turkish Airlines in 2017 served more than 600,000 passengers on its own flights to/from Ukraine, which is 18% more than in 2016.
The flight schedule of Turkish Airlines in Ukraine covers Kyiv, Odesa, Lviv, Zaporizhia, Kherson and Kharkiv.
Turkish Airlines (Türk Hava Yolları, THY) was established in 1933 with a fleet of five aircraft. For today has an air fleet of 329 passenger and cargo aircraft.
One troy ounce=31.10 grams
The Cabinet of Ministers of Ukraine plans to maintain in the budget for 2019 the main programs of state support for the agro-industrial complex, which are being implemented this year, Prime Minister Volodymyr Groysman has said.
“We’ve started a number of new programs this year and decided to keep these programs for the next years. In particular, we give support to each family that will raise calves in the amount of UAH 2,500 per animal. Some 103,800 citizens have already received this assistance, but we assume that this figure will rise by 5-7 times, and we are moving towards this,” he said at a government meeting.
According to the prime minister, next year the government intends to continue compensation for the cost of keeping dairy cows. At the same time, he added that 1,200 agribusinesses have received funds in this area from the state.
“We will continue the program of support for the production of Ukrainian agricultural machinery. Some 2,700 agricultural producers bought Ukrainian goods, part of the cost of which we compensated,” Groysman said.
At the same time, the premier added that the farming support program, under which UAH 1 billion was allocated, is not being fully implemented due to “the existing bureaucratic problems.”
AGRO-INDUSTRIAL COMPLEX, GOVERNMENT, PROGRAMS, STATE SUPPORT
