Ukrainian higher education institutions received UAH 241 million of income from the placement of deposit funds in 2020, the press service of the Finance Ministry reported. “According to the State Treasury Service of Ukraine, on deposit accounts in public sector banks in 2020, higher education institutions placed UAH 3,778 million of temporarily free budget funds…
The average salary in December 2020 in Ukraine amounted to UAH 13,320, according to the Pension Fund of Ukraine. “The average salary in December 2020 and the year 2020, taken into account when calculating the pension in line with the law of Ukraine “On Compulsory State Pension Insurance”, has been approved,” the press service of…
Astarta is reporting on completion of sale of its two sugar plants in Kharkiv region – Savynskiy and Novoivanivskiy. As previously communicated, the company’s management was focusing on improving the profitability of the sugar segment and optimizing the corresponding asset base by concentrating production on its core sugar mills in 2020. Since Kharkiv region does…
The government has paid UAH 15.8 billion worth of unemployment benefits to Ukrainians since the beginning of the coronavirus quarantine, Economy, Trade and Agriculture Development Minister Ihor Petrashko said during the All-Ukrainian Forum “Ukraine 30. Coronavirus: Challenges and Responses” in Kyiv on February 9. “A total amount of unemployment benefits has reached UAH 15.8 billion.…
Over the past five years, Ukraine’s coffee imports have grown by 63%. In 2020, they reached 48.4 thousand tons for a total amount of $166.1 million, according to the Ukrainian Agribusiness Club Association (UCAB). About 51% of coffee is imported unroasted and processed already in Ukraine. The main suppliers of coffee to Ukraine are European…
The National Bank of Ukraine (NBU) provided a total of UAH 440 million in refinancing to four banks, the central bank’s press service reported. On February 5, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of four banks for a total sum of UAH 440…
Ukraine’s local budgets received UAH 130.6 million in revenues from tourist tax in 2020. Kyiv became the leader with UAH 34.7 million in tourist tax revenues, the State Agency for Tourism Development reported with reference to data provided by the State Tax Service of Ukraine. “In total, local budgets received UAH 130,628,240 in revenues from…