The National Bank of Ukraine expects the country’s economic growth rate to reach 3-3.5% this year, Director of the NBU’s Financial Stability Department Vitaly Vavrishchuk said. “According to our forecasts, the GDP will grow by 3-3.5% in 2018. We would like these rates to be higher, especially given the significant decline in the production output…
Valentyn Badrak, military expert and writer, the director of the Center for Army, Conversion and Disarmament Studies, says Ukrainian Skif and Korsar anti-tank guided missiles (ATGM) have recently proved to be no worse than the U.S. Javelin systems. “To date, there is a whole line of ATGMs, among which the most famous are Skif and…
The unusually high temperatures and lack of precipitation this May in Latvia have added to the adverse effects that last year’s chilly and wet summer has had in the field of fruit growing, the leadership of the Latvian Orchardman Association, has warned. The non-governmental organization unites around 400 hundred of the largest fruit and berry…
The Ministry of Transport and Roads decided on contractor for the project to improve the CAREC Transport Corridor No. 3 (Bishkek-Osh road), Phase 4, Madaniyat-Jalal-Abad section, the press service of the ministry reported. Tender proposals were submitted by four companies – Xinjiang Beixin Road & Bridge Group Co. (China), Gezhouba Group Company (China), Corporation Eurotrakt…
The Ukrainian city of Lvov will acquire 100 urban buses from the Belarusian automobile engineering company MAZ. The buses will be assembled and shipped to Ukraine by the end of the year, the company’s representatives reported. The buses are meant for the Ukrainian city’s mass transit system operator. They will be used to transport passengers…
Ukraine’s State Fiscal Service (SFS) reimbursed UAH 54.8 billion worth of value added tax (VAT) in January-May, according to a report on the SFS official page on Facebook. “In January-May UAH 54.8 billion worth of VAT was reimbursed to taxpayers, up by 14.4% or by UAH 6.9 billion YoY. UAH 47.9 billion worth of VAT…
Yanair has started operating direct scheduled flights between Lviv and Batumi from June 8. “It was very difficult for us to abandon numerous applications of the Lviv airport and the wishes of our passengers in Batumi, who were forced to fly to Kyiv and return to Lviv in transit. Therefore, we tried to satisfy their…