The National Bank of Ukraine (NBU) is exploring the possibility of launching its own retail digital currency (CBDC), the e-hryvnia, with a pilot project currently in preparation, NBU Deputy Chairman Oleksiy Shaban said.
According to Shaban, the e-hryvnia is intended to complement, not replace, cash and bank account balances and would serve as an additional option for users to choose from, rather than a substitute for traditional money.
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade
Ukraine's governmental commissioner for Public Debt Management, Yuriy Butsa, told investors in London last week that Kyiv is in no rush to restructure its debt linked to economic growth or so-called GDP warrants, Reuters reported on Friday, citing unnamed sources familiar with the matter.
Ferrexpo said it was forced to shut down two of its pellet production lines following a decision by the Ukrainian tax authorities to impose sanctions on Ukrainian oligarch Konstantin Zhevago and suspend VAT refunds.
Military activity has significantly degraded surface water quality in Ukraine's Dnipropetrovsk region, raising concerns that key rivers and canals used for drinking water and irrigation could become unsafe for human consumption, according to new research. A study by a group of Ukrainian scientists found an increase in concentrations
Ukraine is already closely connected to the European Union's economy, research community, and industrial sector, but it is not yet getting the full benefit of those ties, according to a recent report by the United Nations Industrial Development Organization (UNIDO). The study found that the EU accounts for
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine has received €236 million in loan financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project, Ukraine's finance ministry said. The funding was extended by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Swedish government, the finance
