Operating banks in Ukraine in January-April posted UAH 25.208 billion, or $938.1 million, in profit, up by 39% YoY. The banks’ revenue increased by 16.8%, to UAH 90.004 billion ($3.3 billion), and expenses grew by 9.9%, to UAH 64.796 billion ($2.4 billion), the National Bank of Ukraine said on its website. Data per bank is…
Ihor Sikorsky Kyiv International Airport (Zhuliany) may not survive the COVID-19 crisis, if the government fails to provide support, the airport’s press secretary, Halyna Bohdanenko, says. The airport needs not so much financial assistance, but above all the regulatory support on the part of government, she said. “We’ve been trying for several months to have…
“Kazakhstan considers gradual resumption of international air service,” head of the civil aviation committee of the Kazakh Industry and Infrastructure Development Talgat Lastayev has said. Since the start of the pandemic 440 flights per week in 97 directions have been suspended. That is 99% of all international flights. At a meeting of the interdepartmental commission…
Estimated real gross domestic product (GDP) declined by 16.6% YoY in April and by 3.6% in the first four months of 2020, showed the latest data from the National Statistics Office of Georgia (Geostat). In April estimated real growth compared to the same period of the previous year was negative in almost all activities. Growth…
Gross domestic product (GDP) fell by 0.7% YoY in the first quarter of 2020, figures released by state agency Statistics Estonia showed. GDP at current prices stood at EUR 6.5 billion. Value added grew by 2%, Statistics Estonia reported, driven primarily by information and communication and construction. Economic growth was hindered mainly by the energy…
In April, the average nominal salary in Ukraine amounted to UAH 10,430, up by 1.6% YoY, according to the State Statistics Service. “The average nominal salary of a full-time employee of enterprises, institutions and organizations made up UAH 10,430 in April, up 2.2-fold from the minimum wage (UAH 4,723). The average nominal salary decreased by…
In the first quarter of 2020, investments in Ukraine’s economy decreased by 29% and in the agriculture sector – by 35.3%, Oleksandr Zakharchuk, Head of the Investment, Material and Technical Resources Department at the National Research Center “Institute of Agrarian Economics” (IAE), stated referring to data released by the State Statistics Service. “In January-March, total…