In January-July, Ukraine’s trade turnover with countries of the world amounted to $55.48 billion. According to data provided by the State Customs Service, Ukraine imported goods worth $28.8 billion, down by 13% YoY. Exports of goods amounted to $26.6 billion, down by 7%. Accordingly, the foreign trade balance of Ukraine in January-July was negative and…
The State Agency of Automobile Roads of Ukraine (Ukravtodor) in 2020 intends to start designing a new bypass road around Kyiv and in 2021 its construction. This is stated in the presentation of Ukravtodor, published on the agency’s Telegram channel. According to the published data, the project provides for the construction of a “half-ring” with…
Ukraine and the United Kingdom have agreed to cooperate and share experiences in measures of governments and central banks to counter the coronavirus pandemic, Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko has announced at his first meeting with British Ambassador to Ukraine Melinda Simmons. The parties discussed some important issues, such as…
The Ukrainian Railways Company (Ukrzaliznytsia) will develop intermodal rail shipments inside Ukraine and then in East European and Baltic countries. Within the framework of the project, it is projected to increase the throughput of the railway station Odesa-Port and develop railway infrastructure of the Odesa seaport. A respective memorandum has been signed by Ukrzaliznytsia, Germany’s…
The Ministry of Infrastructure of Ukraine is currently drafting the aviation strategy and plans to complete it until the end of autumn. “Now we are working on aviation strategy. Soon we will start to promote this process very actively with large consulting companies. I think that by the end of autumn we will have the…
Ukraine’s state-owned banks turned a profit of UAH 16.2 billion in January-June, down by UAH 3.4 billion YoY, the Ukrainian Finance Ministry’s press service reported. The profit of public sector banks in the first half of 2020 shrank by 17% (UAH 3.4 billion) primarily due to an increase in spending on the formation of banks’…
In July, consumer prices in Ukraine decreased by 0.6% MoM, according to data provided by the State Statistics Service. Consumer prices in July against June decreased by 0.6%; against December 2019 increased by 1.4%; against July 2019 – by 2.4%. In total, in January-July, consumer prices increased by 2.4% YoY. Core inflation in July was…