Analytics
May 20 – 26, 2020
  • Ukraine has reached a staff-level agreement with the IMF on a new $5.0bln SBA
  • Zelensky has remained popular after 1 year in office; hinted at a second term
  • Output of key economic sectors in April declined by 15.8% YoY
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May 13 – 19, 2020
  • The parliament has passed the IMF-required bank law, first tranche expected by end of May
  • Real GDP in 1Q20 decreased by 1.5% YoY (preliminary data)
  • The FinMin raised UAH21.2bln during its largest, since start of pandemic, auction
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May 6 – 12, 2020
  • Ukraine has eased some COVID-19 lockdown restrictions as of May 12, end date unclear
  • Consumer inflation in April amounted to 0.8% MoM and 2.1% YoY
  • Ukraine’s foreign currency reserves increased over April by $0.8bln to $25.7bln
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April 29 – May 5, 2020
  • Consolidated budget revenues in April contracted by 9% YoY
  • Ukraine’s CA deficit in March amounted to $0.4bln
  • Naftogaz FY19 EBITDA decreased by 2% YoY to $3.3bln
  • Ukrainian Railway’s 2H19 EBITDA increased by 24% YoY to $431mln
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April 22 – 28, 2020
  • Output of key economic sectors in March declined by 5.8% YoY
  • The NBU has decreased the discount rate by 200bps to 8.0%
  • Kernel Holding reported 3Q20 operating results largely in line with expectations
  • MHP reported 1Q20 operating results: the average realized poultry price by Ukrainian facilities dropped by 11% YoY
  • Metinvest’s EBITDA in February grew by 80% MoM to $119mln
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