The deficit of Ukraine’s foreign trade in goods and services in January and February amounted to $590 million, which was half the figure reported in the same period of 2019. As the National Bank of Ukraine (NBU) said on its website, the deficit of foreign trade in goods over this period decreased by 29%, to…
The State Food and Grain Corporation of Ukraine (SFGCU) is launching flour production at four of its own enterprises to cover demand on the domestic market during the quarantine period. “SFGCU is ready to work on ensuring the country’s food security during the quarantine period amid the fight against COVID-19. As early as this week,…
The Ministry of Economy spoke about economic consequences of coronavirus for Kyrgyzstan. There will be a reduction in external supply and demand, worsening of trade terms with the countries that are the main trading partners of the republic, and a reduction in domestic demand due to a slowdown in economic activity caused by a reduction…
The Ministry of Agriculture has officially confirmed its canceling of the ban on the exports of wheat flour, and imposition of restrictions on the exports of wheat, reported the press-service of the ministry. According to the announcement, in order to meet the country’s domestic needs for grains (including to keep the volumes of animal feed…
Many major banks in Estonia have not changed interest rates on home loans amid the coronavirus pandemic to date, though they are paying more attention to those customers who are seeking homeloans at a time when many planned purchases have been put on hold. One bank, Luminor, says it has cut its interest rates. “A…
In January-March, 20.3 thousand new passenger cars were registered in Ukraine, up by 11% YoY, according to the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm. At the same time, the number of new passenger cars registered in March decreased by 15%, to 6,244 units. In March, Renault cars had the largest demand, with 1,222 cars registered.…
Prime Minister of Ukraine Denys Shmyhal argues that the government is considering options for weakening restrictive measures set up to flatten the curve of coronavirus spread to restart the economy. At the same time, he admitted this would depend on the dynamics of the spread. “We’re very well aware that many people, the majority of…