Ukraine has already received $40 million in revenue from the tourist flow from Arab countries, according to Minister of Culture and Information Policy Oleksandr Tkachenko. “Thanks to the presidential decree, citizens of six Arab countries were given the opportunity to come to Ukraine without a visa. In just six months, three times more people came…
In the first six months of 2021, Ukraine produced 5.6% less milk than in the same period last year, while the import of dairy products was growing. The level of state support does not meet the needs of the industry development, Head of Ukrainian Union of Dairy Enterprises Vadym Chaharovsky has said at a press…
A large-scale privatization, which is planned to replenish the state budget with UAH 12 billion, begins in August, according to Prime Minister of Ukraine Denys Shmyhal. “A large-scale privatization starts this month. Preparations for the auctions were discussed at a meeting with Ukrainian State Property Fund Head Dmytro Sennychenko and Minister of the Cabinet of…
Ukraine is not considering the option of purchasing Russian natural gas and is not holding talks on this issue, Naftogaz CEO Yuriy Vitrenko has said. “We are not considering such an option at all, and we are not holding any talks about it. That’s where we have such a very clear position. In principle, we…
The average salary in Ukraine has hit a record high of UAH 14,300, but the government is trying to reach the European level of salaries in the country, Prime Minister Denys Shmyhal has said. He announced this at a joint meeting of the presidium of the Congress of Local and Regional Authorities under the President…
Consumer inflation in Ukraine will reach 9.6% at the end of 2021 and will return to the target of 5% in the second half of 2022, the National Bank of Ukraine (NBU) has said in its quarterly inflation report for July. “As before, the National Bank expects inflation to peak this autumn amid high world…
The decision by Naftogaz’s supervisory board regarding the payment of multimillion-dollar annual bonuses to four members of the company’s executive board cannot be implemented, Naftogaz CEO Yuriy Vitrenko has said in a letter to Ukrainian Prime Minister Denys Shmyhal. The reason for his appeal to the head of government was the decision by the supervisory…