The state budget of Ukraine in 2019 was implemented with a deficit of UAH 78.050 billion ($3.14 billion), up by 32% YoY, the State Treasury Service of Ukraine reported on its website. The consolidated budget saw a deficit of UAH 84 billion ($3.41 billion), the report said, up by 24%. The 2019 state budget provided…
The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 32.72 million, the fund’s press service reported. “Last week (January 20-24) the assets of 11 banks, which were in the management of the Fund, were sold for a total sum of UAH 32.72 million,” the report says. In particular, UAH 11.82 million was…
SkyUp Airlines is launching direct flights between Odesa and Heraklion, Odesa International Airport’s press service has reported. According to the report, the cost of a few-hours flight to the ancient city on the Greek island of Crete starts from UAH 1,559. “SkyUp Airlines opens the sale of tickets from Odesa to one of Greece’s most…
Ukraine’s Energy and Environment Minister Oleksiy Orzhel has announced a reduction in prices of natural gas soon. “The signing of the agreement with Russia’s Gazprom helped stabilize the market situation, and accordingly there are all positive factors for reducing prices,” he has said on Facebook. According to him, the Cabinet of Ministers made the appropriate…
Banks expect an increase in demand for loans from households and businesses in January-March, according to a report titled “Survey on the Conditions of Bank Lending”, the press service of the National Bank of Ukraine (NBU) has reported. “Banks note an increase in demand for loans to households and businesses and forecast that this trend…
According to preliminary estimates, in 2019, the profit of JSC Ukrzaliznytsia (Ukrainian Railways) amounted to UAH 2.5-3 billion, Ukrzaliznytsia Board Chairman Yevhen Kravtsov declared. “According to preliminary estimates, over the past year, JSC Ukrzaliznytsia generated UAH 2.5-3 billion in profit. Only NJSC Naftogaz Ukrainy earns more than us,” Kravtsov said. He noted that the company…
In 2019, Ukraine produced 1.586 million tons of wheat and wheat-rye flour, down by 3.1% YoY, declared the State Statistics Service. At the same time, in December 2019 Ukraine produced 131 thousand tons of the product, down by 9.2%. (APK-Inform/Business World Magazine)