The state allocated UAH 1.3 billion for the repair of two roads of national significance, namely Mykolaiv-Dnipro and Mykolaiv-Kropyvnytsky, Ukrainian Infrastructure Minister Volodymyr Omelyan said during a meeting of the Mykolaiv Region Development Council. “I am aware of the state of these roads. Therefore, the government has allocated UAH 1.3 billion for the repair of…
Prices of vegetables comprising the so-called borsch kit have decreased in Ukraine. As of early March, the cost of most winter vegetables is lower than last year. Prices for carrots on wholesale markets fell by 6%, beets by 15%, and potatoes by almost 20% over the last week of February. However, the prices of onions…
Construction of the first 50 MW phase of the Astana EXPO 2017 wind farm is being completed. CAPEC Green Energy Director Yedil Saryev made the remarks at the Central Asian states’ renewable energy summit held in Astana. He noted that the first phase of the wind farm was planned to be launched in the middle…
Russia is interested in participating in the construction of the China-Kyrgyzstan-Uzbekistan railway. Deputy Prime Minister of Kyrgyzstan Zhenish Razakov made the statement during a meeting of the Russian-Kyrgyz intergovernmental commission for trade, economic, scientific, technical and humanitarian cooperation. Deputy PM stressed that Russia’s participation in the project was being considered at the suggestion of the…
The Uzbek-Egyptian business forum was held on March 1, in Tashkent during the visit of Egyptian delegation led by Deputy Minister of Trade and Industry of Egypt, Ahmed Taha Boraya. The event was attended by representatives of business circles of the two countries: officials of more than 40 Egyptian companies, such as “Techno Marble”, “El-Garhy…
Revenues of the state budget in February amounted to UAH 70.3 billion, up by 24.9% YoY, according to the press service of the Finance Ministry. “In February, according to the data provided by the State Treasury Service, revenues of the state budget (general and special funds) amounted to UAH 70.3 billion, or 108.6% of the…
Ukraine’s state-owned banks in 2018 reduced problem loans by UAH 5 billion, or by $185.3 million, and restructured debts by UAH 21 billion, or by $778.1 million. The country’s Financial Stability Council in July 2018 created a committee to regulate non-performing loans of state-run banks. It also developed recommendations for such banks, according to the…