Ukraine: mass shutdown of enterprises to kill economy

The former Minister for Development of Economy, Trade and Agriculture of Ukraine, Tymofiy Mylovanov criticized the proposal of the Government of Ukraine to temporally close all enterprises in the country, in order to stop the further spread of coronavirus. In particular, the ex-minister believes that such measures will have negative consequences for the country’s economy.…

Ukraine: unemployment rate up in Q4 2019

The unemployment rate in Ukraine in October-December 2019 increased to 8.7% from 7.3% reported in the third quarter of 2019, or 1.6 million citizens in absolute numbers, the State Statistics Service reported. The report says the number of employed citizens aged 15-70 in the fourth quarter of 2019 amounted to 16.5 million. The employment rate…

Ukraine: GDP up in 2019

Ukraine’s real GDP in 2019 rose by 3.2% YoY, according to the data provided by the State Statistics Service. “The real gross domestic product (GDP) grew by 3.2% in 2019 compared to 2018,” reads the report. In 2019, the nominal GDP amounted to UAH 3.97 trillion, and the GDP per capita made up UAH 94.57…