Since August 1, 2016 Ukraine has saved UAH 86 billion in public procurement due to the ProZorro system, the Ministry of Economic Development and Trade reports on Twitter. “Today, one of the best public procurement systems in the world is three years old! During this time, ProZorro saved UAH 86 billion in taxpayers’ money,” the…
Ukraine exported 301 thousand tons of wheat flour in MY 2018-2019, down by 30% YoY (429.8 thousand tons). This is the lowest volume of exports in five years. Flour production also dropped in MY 2018-2019, to 1.7 million tons (by 13% from 1.9 million tons in MY 2017-2018). The key export destinations include Asia, Africa,…
Ukraine’s balance of payments showed a surplus of $744 million in January-June, up 2.4-fold YoY. The current account deficit over the period under review amounted to $221 million, according to the National Bank of Ukraine (NBU). The inflow to the financial account in H1 totaled $968 million. In June the surplus of the balance of…
The Ukrainian city of Zhytomyr will receive a grant worth EUR 2 million from the EBRD for the construction of new trolleybus lines, Zhytomyr Mayor Serhiy Sukhomlyn has stated. In June Zhytomyr authorities and the EBRD signed a loan agreement to acquire 49 new trolleybuses. The first trolleybuses will arrive in the city at the…
The Ministry of Agrarian Policy and Food of Ukraine invites Ukrainian producers to participate in Health Ingredients Japan. On October 2-4 Tokyo (Japan) will host the largest International Exhibition on Ingredients for Health, Functional and Organic Food HI Japan. The participation of companies in the exhibition will be supported by the Ukraine Horticulture Business Development…
The average nominal wage of a full-time employee in Ukraine in June increased by 18% YoY, to UAH 10,783 ($428), the State Statistics Service reported. The average nominal wage in June increased by 5.3% against May. The real wage index in June compared with May was 105.8%, and 108.1% YoY. The State Statistics Service noted…
The National Bank of Ukraine (NBU) has strengthened the official hryvnia exchange rate by 18 kopiykas, bringing the national currency to UAH 25.25 to the dollar. This is the lowest dollar rate recorded in almost three years. On July 30 $100 cost UAH 2,525.2582 (UAH 2,543.9728 as of July 29). EUR 100 cost UAH 2,807.8346…