Ukraine: subways to resume work from May 25, 2020

Ukrainian Infrastructure Minister Vladyslav Kryklii says the Cabinet of Ministers, Ukraine’s government, has decided to relaunch the subways on May 25. “The transport system in Ukraine will become gradually operational from May 22. Regular and chartered passenger transportation by road on urban, commuter, regional and international routes will be resumed from May 22; passenger transportation…

Ukraine: sugar export down in April 2020

In April, Ukrainian producers exported 9.1 thousand tons of sugar, down 2-fold MoM (19.6 thousand tons). “At the end of March, we saw some recovery on the London Stock Exchange. As a result, the demand for Ukrainian sugar grew slightly and producers were able to supply almost 20,000 tons of sugar to the foreign markets…

Ukraine: sugar beet sown areas decrease

As of May 13, 209 thousand hectares of sugar beets were sown in Ukraine – 5% less than last year. In addition to the reduction of sown areas, the current season is characterized by unfavorable weather conditions, which, in turn, can significantly affect yields. “This year’s sowing campaign was much more difficult, because the snowless…

Ukraine: Finance Ministry borrows UAH 34.7 billion, $1.2 billion and EUR 277 million in bonds in January-April 2020

Finance Ministry borrowed UAH 34.7 billion ($1.3 billion), US$1.2 billion and EUR 277 million for the national budget at weekly bond auctions to place government domestic loan bonds in January-April. The weighted average yield on government bonds placement grew from 9.9% to 10.1% for securities in hryvnias and from 3.1% to 3.2% in dollars, while…

Ukraine: 490 thousand unemployed persons registered

In Ukraine, 490 thousand citizens are officially registered as unemployed. “Today, with 490,000 persons officially registered as unemployed, we can say that the statistics on reduction in the number of unemployed will demonstrate the effectiveness of the government’s plan to create 500,000 jobs. Or if it is ineffective, the statistics will also reflect this and…