Ukraine’s international reserves in May shrank by 0.6%, to $27.840 billion in the equivalent as of June 1. The reduction was due to the repayment of external and internal debts by the state, which were partially offset by foreign exchange (FX) earnings in favor of the government, the press service of the National Bank of…
In January-May, Ukrainian exports grew by more than 25%, or almost $5 billion, Prime Minister Denys Shmyhal reported on Facebook. According to him, over this period, exports to China, the United States, Turkey and Great Britain increased by almost 50%. “The favorable external environment, as well as the expansion of the export geography through the…
Ukraine International Airlines (UIA) announces a review of its plans to resume flights to Poland from June 18, the airline’s press service has reported. In particular, the reason for this decision was the situation that arose due to the need to fly over the territory of Belarus and the subsequent redistribution of passenger traffic observed…
Kherson International Airport has launched a Pegasus Airlines flight to Istanbul, the Kherson Regional Council reports. “On June 3, Kherson International Airport met the first flight of the Turkish low-cost carrier Pegasus with a water arch. The carrier has connected Kherson and Istanbul Sabiha Gokcen International Airport with direct flights,” reads the report. Flights from…
The Verkhovna Rada on June 3 adopted at the second reading and in general a draft law on amendments to the Tax Code to introduce value-added tax on digital services provided by global tech giants. The bill No. 4184 saw support of 283 people’s deputies with the required minimum of 226 votes. The memo to…
The Ukrainian low-cost carrier SkyUp Airlines will operate a number of flights on the Kyiv-Tashkent-Kyiv route in summer and autumn, the airline’s press service reports. Flights are scheduled once a week on Wednesdays with departure from Kyiv at 5 pm local time. To enter the territory of Uzbekistan, it’s mandatory to have a negative PCR…
Ukrainian communities are competing for investors for economic development due to the implementation of the decentralization reform, Prime Minister Denys Shmyhal said at the international investment forum “UkraineInvest Talks: Dnipro” in Dnipro on May 27. “Communities have started fighting for investors, and that’s very good, because community leaders who understand their responsibility for the future…