In April actual unemployment rate comprised 9.2%, up by 1.3% MoM. Unemployment rate registered by the State Employment Agency (NVA) accounted for 8% and, compared to March, it had risen by 1.2%. Unemployment rate increase may be observed also when comparing the data to the April of the previous year – of 2.7% in actual…
Due to the coronavirus pandemic and quarantine restrictions, remittances from Ukrainian migrant workers are expected to amount to $10 billion in 2020, which is $2 billion less than last year, according to the National Bank of Ukraine (NBU). “Labor migration is a difficult topic. About 3 million Ukrainians work abroad. Some of them are seasonal…
In 2019, local budgets received UAH 4.9 billion in revenues from real estate taxes, up by UAH 1.2 billion YoY, according to the Finance Ministry. “Local budgets received UAH 4.9 billion from the payment of real estate taxes in 2019 and UAH 3.7 billion in 2018,” the statement reads. Failure to pay taxes on real…
A telephone conversation was held between the Minister of Industry and Infrastructure Development of the Republic of Kazakhstan Beibut Atamkulov and the Minister of Transport and Infrastructure of Turkey Adil Karaismailoglu. According to the Telegram channel of the Kazakh Ministry’s press service, the parties have summed up the results of cooperation within the first quarter…
As the crisis deepens, the Estonian government plans on coming to the rescue of the economy and the construction sector by launching major projects for which procurements could be announced right away, Prime Minister Juri Ratas (Center) has said. “I believe that toward the end of the year, the situation in the construction sector may…
Uzbek company UzAuto Motors starts selling its cars under Chevrolet brand in Belarus. The first models under the Chevrolet brand, which were presented on the automobile market of the Belarus, were Spark, Nexia and Cobalt. “The first batch of cars was delivered to the auto center Multimotors, the official dealer of premium cars brand Chevrolet,…
The directors of departments of the economy ministries of Ukraine and Poland, Oleksiy Rozhkov and Jan Pawelec, discussed the dynamics of bilateral economic cooperation in the first quarter during a videoconference, Ukraine’s Embassy in Poland reported on Facebook. “The directors of departments of the economy ministries of Ukraine and Poland, Oleksiy Rozhkov and Jan Pawelec,…