In January-February, Ukraine produced 245.58 thousand tons of wheat and wheat-rye flour, down by 7.4% YoY, declared the State Statistics Service. In particular, in February Ukraine produced 121.46 thousand tons of flour, down by 12.2%. (APK-Inform/Business World Magazine)
Experts say the harvest of buckwheat in Ukraine in 2020 may grow by 13.3% YoY, to 96,400 tons, while that of peas may rise by 20%, to 687,400 tons. As for the grain group, yields of rye and spring wheat are also expected to increase, to 355,400 tons (by 6.7%) and to 696,800 tons (5.3%),…
Uzbekistan is building hospitals to quarantine and treat those infected with coronavirus in Andijan, Navoi and Surkhandarya regions, the Health Ministry has reported. In total, about 10 hospitals will be built in the country for this purpose. Earlier it was reported that three modern specialized medical facilities for quarantine would be put into operation in…
Agriculture Minister Levan Davitashvili has stated that products exported from Marneuli and Bolnisi quarantine zones in the country’s east are “absolutely safe and harmless” in terms of spread of the new coronavirus – COVID-19. “Products have to be brought from Marneuli and Bolnisi Municipalities and delivered to the Georgian markets, because they are absolutely safe…
In the first two months of the Covid-19 pandemic its effect on the state budget has not yet been felt, as reported by the Finance Ministry. In the first two months of 2020 the general budget revenue was 0.6% higher when compared to the same period of 2019. Expenditures, on the other hand, increased by…
The economic pressures resulting from the spread of the coronavirus and the lower oil price are credit negative for banks in Ukraine and neighboring markets, and could result in negative rating actions, Fitch Ratings says. Fitch has revised banking sector outlooks to negative for seven of the eight markets it covers in the region –…
The former Minister for Development of Economy, Trade and Agriculture of Ukraine, Tymofiy Mylovanov criticized the proposal of the Government of Ukraine to temporally close all enterprises in the country, in order to stop the further spread of coronavirus. In particular, the ex-minister believes that such measures will have negative consequences for the country’s economy.…