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Ministry of Economy - Latest news GMK Center

Photo – The Ministry of Economy calls to extend the grain agreement to the export of iron ore
The Ministry of Economy calls to extend the grain agreement to the export of iron ore

Deputy Minister of Economy Taras Kachka hopes that the grain export agreement can become a model for other goods

Photo – Almost 500 relocated companies have already started working in their new locations
Almost 500 relocated companies have already started working in their new locations

In total, almost 1,800 companies submitted applications for relocation

Photo – The government approved the list of enterprises for privatization
The government approved the list of enterprises for privatization

420 state-owned enterprises will be transferred to the management of the State Property Fund

Photo – Ukraine will aim EU and G7 nations markets after war
Ukraine will aim EU and G7 nations markets after war

Ukrainian government wants producers to freely export their products to Western markets

Photo – Ukrainian companies lost $80 billion due to war, Ministry of Economy
Ukrainian companies lost $80 billion due to war, Ministry of Economy

In total, Ukraine ran up $564.9 billion one-time losses from the Russian invasion

Photo – The Ministry of Economy downgrades its economic growth forecast for Ukraine to 3.6% in 2022
The Ministry of Economy downgrades its economic growth forecast for Ukraine to 3.6% in 2022

The new pandemic challenges keep affecting all economies in the world, including Ukraine

Photo – The Ministry of Economy downgraded its consensus forecast for GDP growth to 3.4% in 2021
The Ministry of Economy downgraded its consensus forecast for GDP growth to 3.4% in 2021

The economic growth in Ukraine will slow down to 3.6% in 2022

Photo – The Ministry of Economy says that signing of FTAs with Egypt and Tunisia will have a positive effect
The Ministry of Economy says that signing of FTAs with Egypt and Tunisia will have a positive effect

Trade liberalization will help Ukrainian steel producers to significantly increase supplies, and real GDP might grow by over 0.4% annually

Photo – Moldova requests revision of Ukraine’s duties on steel bars
Moldova requests revision of Ukraine’s duties on steel bars

Products of Moldova Steel Works are subject to a 13.8% duty

Photo – Ukraine’s GDP grew 2.9% in 8M
Ukraine’s GDP grew 2.9% in 8M

Production in the steel industry increased by 5.4%, while the mining industry saw a decline of 2.5%

Photo – The Ministry of Economy initiates a ban on scrap exports until 2023
The Ministry of Economy initiates a ban on scrap exports until 2023

The possible ban will not apply to exports to the EU, Great Britain and Northern Ireland, the CIS (except Russia), Israel, Canada, Montenegro and the EAEU countries

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