Ukraine: unemployment up in Q4 2021

The unemployment rate in Ukraine in the fourth quarter of 2020 increased by 0.6% QoQ, from 9.5% to 10.1%, with the actual number of officially unemployed citizens amounting to 1.8 million, the State Statistics Service reported. The number of employed citizens aged 15-70 in the fourth quarter of 2020 amounted to 15.7 million, while the…

Ukraine: organic food production to be developed with Poland

Ukraine and Poland government officials have discussed current cooperation in agriculture and agreed to strengthen joint work in organic production, veterinary and phytosanitary operations, seed production and rural development. That’s according to the press service of the Ministry for Development of Economy, Trade and Agriculture following a meeting between Deputy Minister, Trade Representative of Ukraine…

Ukraine: retail trade turnover up in February 2021

In February, the growth of Ukraine’s retail trade turnover was 5.6% compared with 3.5% in January, according to the press service of the Ministry of Economy, Trade and Agriculture Development. In January-February, Ukraine’s retail trade turnover increased by 4.6%. “The positive dynamics of the industry, first of all, shows the resumption of activity in most…

Ukraine: State Tax Service to ensure effective cooperation with Bureau of Economic Security

The State Tax Service of Ukraine will ensure effective cooperation with the newly established Bureau of Economic Security so that to reduce the shadow economy and eliminate unfair competition, Head of the State Tax Service Oleksiy Liubchenko has stated. “We constantly hear from business about insecurity from the willfulness of various state law enforcement agencies.…