Ukraine: flour exports down in 2018

The Ministry of Agrarian Policy and Food of Ukraine reports that Ukraine has exported 112 thousand tons of flour by December 19, down by 101.7 thousand tons YoY. Since the start of MY2018-2019, wheat flour shipments have amounted to 111.5 thousand tons, whereas other types of flour – 0.6 thousand tons. In MY2017-2018, flour exports…

Ukraine: shadow economy down in H1 2018

The share of Ukraine’s shadow economy totaled 32% of GDP in the first half of 2018, down by 3% YoY, the press service of the Economic Development Ministry reports. According to the ministry, the shadow economy in Ukraine declined due to maintaining macroeconomic stability, creating favorable conditions for doing business in Ukraine and preserving the…

Georgia: economic performance strong

Georgia’s economic performance remains strong, but downside risks to the outlook have increased, reads the third review of the International Monetary Fund (IMF) of Georgia’s performance under the 3-year Extended Fund Facility (EFF). The executive board of the IMF completed the third review on December 19. The completion of the review will release about $41.6…