The outflow of term hryvnia deposits and foreign currency funds of the population stopped at the end of April, the press service of the National Bank of Ukraine (NBU) reported on Facebook. “The banking sector is normal. The outflow of time hryvnia deposits and foreign currency funds at the end of April stopped. On the…
The volume of construction work decreased by 12.8% in Ukraine in March compared to March 2019, whereas in February – by 3.8%. The State Statistics Service said that the volume of construction work had reached UAH 26.1 billion since the beginning of 2020. In general, that indicator decreased by 5.5% in the first quarter. The…
The Ukrainian State Air Traffic Services Enterprise (UkSATSE) said the number of flights in Ukraine in April decreased by 90.2% YoY due to the quarantine set by the government to combat the novel COVID-19 coronavirus. “The UkSATSE in April handled 559 domestic flights (-78.3%), 607 international ones (-95.2%) and 1,206 transit ones (-86.3%),” the company’s…
Ukraine since the beginning of the 2019-2020 marketing year (MY, July-June) has reduced production of bread and bakery goods by 12.3%, and in March compared to March 2019 by 13.8%. According to the agency, production of flour since the beginning of the current MY has decreased by 3.1%, and in March by 8.8%. In March…
The situation in Ukraine’s economy is extremely difficult due to lockdown measures aimed at combating the spread of coronavirus disease (COVID-19), Prime Minister Denys Shmyhal has said. He said that lockdown measures had the greatest impact on micro, small and medium-sized businesses. “We do not underestimate the situation regarding how many people lost their jobs…
Bill No. 3329-2 that foresees a reduction in Ukrainian banks’ minimum charter capital from UAH 500 million ($18.5 million) to UAH 200 million ($7.4 million) has passed its first reading. The bill amends the Tax Code of Ukraine and other laws to additionally support taxpayers during the quarantine period set to combat the spread of…
The State Agency of Automobile Roads of Ukraine (Ukravtodor) has announced its intention to overhaul 40 km of the M-05 Kyiv-Odesa road at the expense of funds from international financial organizations, and Onur Taahhut Tasimacilik Insaat Ticaret Ve Sanayi A.S. (Turkey) has been determined as the contractor with a contract signed for the amount of…