In 2018 Ukraine will receive about $2 billion from the IMF, as well as loans from the EU and the World Bank, which will provide an opportunity to increase international reserves up to $20.7 billion by the end of this year. However, in 2019-2020, due to peak payments on external public debt, the balance of…
Ukrainian banks in the first half of 2018 reduced the number of operating structural divisions by 361, to 9,128 as of July 1, according to the National Bank of Ukraine. According to the data published on the regulator’s website, the largest number of branches during the period under review was shut down by state-owned banks,…
The Belarusian automobile engineering company OAO BelAZ has opened a modern technical support center in Russia’s Ural Federal District, the press service of the Belarusian Industry Ministry reported. The center for repairing and maintaining BelAZ mining vehicles was opened in the city of Berezovsky, Sverdlovsk region. The center had been built by BelTransLogistik Company, an…
Since June Uzbekistan has begun exporting fresh fruit to India. Uzbekistan will export sweet cherries and apricots to the markets of Delhi for the first time. Uzbekistan also plans to start exporting other types of fresh and dried fruit and vegetables to India in 2018. By July 8, Uzbekistan has exported sweet cherry worth over…
Finnair air carrier resumes its flights to Astana. The flights will be operated from July till September twice a week on Wednesday and Fridays by comfortable Airbus 319. The flight duration is four hours, the press service of the Nursultan Nazarbayev International Airport JSC said. Last summer Finnair transported more than 3,000 passengers. (Kazinform/Business World…
Ukraine exported 67,600 tons of sugar in June of the current marketing year (2017-2018 MY, September through August), up by 25% MoM, the National Association of Sugar Producers, Ukrtsukor, has reported. “Large batches of sugar in June were shipped to Uzbekistan (51%) and Libya (35%), while smaller batches were exported to Azerbaijan (5%), Armenia and…
The positive dynamics of Ukraine’s GDP growth will remain at 3.2% by the end of 2018, and it may also increase by about 3% in 2019, First Vice Prime Minister – Minister of Economic Development and Trade Stepan Kubiv stated when presenting the government’s report for the first half of 2018 at a meeting of…