President Petro Poroshenko has said that Ukraine’s economic growth in 2019 is expected to reach about 3.4% of GDP, which is the highest in eight years. “We hope that this year economic growth will be within 3.4% – this is a record figure in 8 years. But it’s only the beginning of implementation and results…
Ukrainian producers in 2018 boosted exports of eggs in shell by 21.3%, to almost 107,500 tons, while shell egg exports in monetary terms increased by 37.1%, to $94.1 million. Imports of eggs in shell in 2018 decreased by 40% in physical terms and by 32% in monetary terms, to 3,400 tons and $13.1 million, respectively,…
Azerbaijani President Ilham Aliyev has signed an Order regarding measures to construct Zardab-Garavalli road in Zardab. Under the presidential order, the Azerbaijan Highway State Agency is allocated 3.9 million manats for the construction of the road connecting six residential areas with a total population of 7,000 people. (AzerNews/Business World Magazine)
In December 2018 AS Tallink Grupp transported 811,261 passengers, down by 0.5% YoY. The number of cargo units decreased by 4.4%, to 27,076 units and the number of passenger vehicles by 3.3%, to 84,814. In the fourth quarter of the 2018 financial year (October – December) AS Tallink Grupp transported 2,251,084 passengers, down by 2.8%…
Uzbekistan is negotiating to attract Germany’s Deutsche Bahn for reforming Uzbekistan Railways. “Now we are working with Deutsche Bahn, a German state-owned company, the world’s largest railway freight carrier. We are now negotiating with them to attract their experts and consultants to develop a strategy for further activities of Uzbekistan Railways,” said Laziz Kudratov, the…
The World Bank has predicted a decline in real GDP of Ukraine, from 3.5% in 2018 to 2.9% in 2019, which is fundamentally different from the IMF forecasts for Ukraine after the launch of the new Stand-By Arrangement. The World Bank published the relevant data in the report Global Economic Prospects on its official website.…
In the first 4 months of 2018-2019 MY (July-October) Ukraine imported 509 tons of rye, up 3-fold YoY (238 tons), but down by 62% from 2016-2017 MY (1.3 thousand tons). At the same time, in two recent seasons Ukraine imported the grain exclusively from the EU countries, while in 2016-2017 MY there were rather significant…