In September, the average nominal salary in Ukraine amounted to UAH 11,998, up by 12.3% YoY, according to the State Statistics Service. The average nominal salary of Ukrainians in September was 2.4 times higher than the minimum wage (UAH 5,000). Compared with August, the average nominal wage rose by 4.8%. The highest average nominal salaries…
Chernihiv Regional Council of the eighth convocation has adopted a target program for the development of tourism in the region for 2021-2027 worth UAH 23.6 million. “The program activities will be funded by the regional budget allocations provided for in the estimates of the authorized executors of the program, as well as by local budgets…
As of October 26, farmers of Ukraine have planted winter crops throughout the areas of 7.3 million ha (89% of the plan). Particularly, 1.1 million ha was planted during the last week, declared the Ministry for Development of Economy, Trade and Agriculture of Ukraine. Winter wheat was planted throughout 5.5 million ha (91%), winter barley…
Experts say one should not expect the 4.6% GDP growth stipulated in the draft national budget for 2021. This opinion was voiced by head of the Committee of Economists of Ukraine, candidate of economic sciences Andriy Novak at a press conference. “The budget is designed with a 4.6% increase, which will definitely not happen in…
The Ukrainian side is interested in cooperating with the Export-Import Bank of Korea with the support of the Government of the Republic of Korea in the development of high-speed rail if favorable financial terms of cooperation are offered, minister of Infrastructure of Ukraine Vladyslav Kryklii said at a meeting with representatives of Hyundai Corporation on…
As of October 23, UAH 34.1 billion, or 52%, has already been used from Ukraine’s COVID-19 Fund, the Finance Ministry’s press service reports. UAH 5.8 billion out of the planned UAH 16.3 billion or 35% was spent on healthcare. In particular, UAH 21 million was directed on the purchase of lung ventilation devices (UAH 100…
As of October 22, farmers of Poltava region harvested 267,4 thousand tons of sugar beets. Poltava region continues sugar beet harvesting campaign, which has been harvested from the area of 9.1 thousand hectares with the average yield of 29.5 ton/ha. 187.2 thousand tons of sweet roots have been carried out of the fields. (Ukrsugar/Business World…