Ukraine: Economy Ministry to amend procedure to support agrarian sector

Deputy Minister for Development of Economy, Trade and Agriculture Taras Vysotskyi says the ministry plans to amend the procedure for consulting agricultural sector to support it. “We’ll definitely coordinate the issue with the sector and specialized associations. Following that, we’ll initiate appropriate changes to the procedure of the Cabinet of Ministers,” he wrote on Facebook.…

Ukraine: dynamics of exports of goods improves

In January-August, Ukraine’s exports of goods totaled $30.8 billion, down by 6.6% YoY. Over the first seven months of the year, the decline in exports reached 7.4%. “According to the State Statistics Service, over the first eight months of 2020, the exports of goods totaled $30.8 billion, down by 6.6% YoY. However, the ministry sees…

Ukraine: government to raise EUR 63-million loan from EBRD to modernize Ukrposhta’s network

The Cabinet of Ministers has approved a resolution to attract a EUR 63-million loan from the EBRD for the modernization of the logistics network and rural branches of JSC Ukrposhta, Ukraine’s national postal operator. The relevant decision was approved at a government meeting on October 21. “Ukrposhta continues to implement a large-scale investment program for…

Ukraine: passenger traffic down in January-September 2020

The number of passengers serviced by Ukrainian transport companies in January-September decreased by 54.4% (2.2-fold) YoY, to 37.1 billion passenger-kilometers, according to the data provided by the State Statistics Service of Ukraine. Over the reporting period, 1.90 billion passengers used the services of domestic transport companies, down by 40%. In particular, the number of passengers…