Retail trade in Ukraine grew by 8.4% in comparable prices in 2020 against 2019. Retail turnover increased the most in Kyiv region (by 18.7%), Zaporizhia region (by 15.7%) and Chernihiv region (by 14.2%), according to the Ukrainian State Statistics Service. Meanwhile, the turnover dropped by 2.7% only in Zakarpattia region, the report said. Retail trade…
The National Bank of Ukraine (NBU) has decided not to change the discount rate and leave it at the level of 6%, NBU Governor Kyrylo Shevchenko says. “The Board of the National Bank decided to keep the discount rate unchanged at 6% per annum,” Shevchenko said at a briefing on January 21. The NBU notes…
Prime Minister of Ukraine Denys Shmyhal has instructed to prepare a draft memorandum of understanding on the settlement of problematic issues in the sector of centralized heating and hot water supplies in Ukraine. Shmyhal gave such an order during a meeting on tariff policy in the sector of centralized heating on January 20. “All branches…
Banks in 2020 reduced the number of structural divisions by 10.8%, or by 868 branches, to 7,134. According to the data posted on the website of the National Bank of Ukraine (NBU), as of the end of 2020 Oschadbank closed the operation of 490 branches (having reduced their number to 1,837), PrivatBank – 211 (to…
SkyUp Airlines plans to launch flights on the Kyiv-Ostrava-Kyiv (Ukraine – the Czech Republic – Ukraine) route on April 26, the airline’s press service reports. “Now flights are scheduled three times a week: on Mondays, Wednesdays and Fridays. Tickets are already available on the official website,” the report reads. Flights to Ostrava will complement the…
At all airports in Ukraine, check-in for SkyUp Airlines flights will begin 2.5 hours and end 45 minutes before scheduled departure. Boarding will close 20 minutes before departure, the airline’s press service reports. “The update comes into force on January 20. Currently, check-in at Ukrainian airports starts 2 hours and ends 45 minutes before scheduled…
The Ukrainian Finance Ministry believes that direct financing of the state budget from the International Monetary Fund (IMF) should be stopped until 2023, Finance Minister Serhiy Marchenko has declared. According to Marchenko, the IMF currently provides money directly to the budget to finance the budget deficit. The Finance Ministry wants the IMF to allocate money…