The Ukrainian Parliament’s Speaker, Mr. Arseniy Yatseniuk, scheduled an emergency Parliament meeting for Thursday, July 30, to address the current natural disaster in Western Ukraine.
The Ministry of Finance of Ukraine announced that. in May, Ukraine’s external debt decreased by 0.3% MoM to USD 10.86 bln and its internal debt decreased by 1.34% MoM to UAH 17.23 bln (USD 3.55 bln).
The National Bank of Ukraine (NBU) announced that Ukraine’s monetary base is expected to rise 25-30% and M1 by 35-40% in 2008.
The National Bank of Ukraine (NBU) announced that Ukraine’s current balance deficit increased (YoY) to USD 6.7 bln in June 2008 (7.7% of GDP).
The Ukrainian government approved an increase of UAH 1.48 bln (USD 305 mln) to the budget reserves.
The Ukrainian Ministry of Agriculture released information on the progress of the harvest. As of July 25, 2008, agricultural companies harvested an overall 19,680.4 thsd mt of grain on 6.027 mln ha of land. The average yield amounted a 3.31 mt/ha.
The Kernel Group [KER PW, N/R] acquired an agricultural farm with 1.7 thsd ha of leased land in Central Ukraine.
According to the National Electricity Regulatory Commission, industrial electricity tariffs will see a 4.6% increase for small industrial consumers and a 3.9% increase for large industrial consumers in August 2008.
The electricity generation company Centrenergo [CEEN UZ] reported on its 1H08 financials. Net sales increased 41% YoY, amounting to USD 407 mln.
Ukraine's national incumbent fixed line operator Ukrtelecom [UTEL UZ, U/R] ended April-June with losses of UAH 101.888 mln.
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