IMF mission begins negotiations with Ukraine on budget plans – media
The International Monetary Fund team begins on July 16 meetings with representatives of the Ukrainian authorities on budget plans before the end of the year. This was stated by the institution’s permanent representative in Ukraine Vahram Stepanyan.
Another historical high: the NBU increased the dollar exchange rate by 24 kopecks
The National Bank of Ukraine set the official hryvnia exchange rate for July 17, 2024 at 41.2575 UAH/$.
Business expects the dollar at 41.62 hryvnia – NBU survey
The results of a survey of enterprises in the second quarter of 2024 indicate a decrease in their business activity in the next 12 months. Business has aggravated expectations of devaluation of the national currency.
Next year the National Bank will introduce mandatory insurance of loan collateral
Several years ago, the Central Bank planned to introduce requirements for mandatory insurance of loan collateral. However, the question of trust in insurers arose, because at that time there were no transparent indicators of their level of stability, and borrowers could take into account the quality of insurers.
Rate, taxes, crypto and money transfers: what was promised Ukraine IMF for $2.2 billion
Removal of currency bans, issuance of hryvnia, restriction of p2p transfers of the population, legalization of cryptocurrency, increased taxes and much more. All this is described in the new IMF Memorandum for obtaining a tranche of $2.2 billion, which the Ukrainian authorities signed with the international lender and published an official translation of the document in July.