Ukraine: average salary up in 2017

This year the average salary in Ukraine grew by 35% and the actual incomes of citizens – by 20%, Prime Minister of Ukraine Volodymyr Groysman stated during a meeting of the parliamentary committee on April 12. “This year the average salary grew by 35%, while inflation persisted at moderate rates. The actual incomes grew by…

Ukraine: government approves attraction of external advisor to upgrade state-owned banks reform strategy

Ukraine’s Cabinet of Ministers, under a proposal of the Finance Ministry, has approved the attraction of an external advisor who will advise the ministry in upgrade of the strategy for reforming state-owned banks. The decision was made by the government on April 12. “Implementing clause 13 of the memorandum (signed by Ukraine and the International…

Ukraine: corn planting for grain started

Ukrainian agrarians started planting corn for grain. As of April 10, Ukraine planted the grain throughout the areas of 60 thousand ha, or 1% of the plan, the Ministry of Agrarian Policy and Food of Ukraine declared. The general planted areas under early grains and pulses in the country reached 2.094 million ha, or 87%…

Ukraine: flour winning new markets

Ukrainian flour exports hit a 20-year high of over 340 KMT in the 2015/2016 season. As expected, the upward trend in flour supplies from the country continued into MY 2016/2017. Global trends also contribute to growth of flour exports. The world’s demand for flour has increased by 15-20% over the last 4-5 years. Noteworthy is…

Ukraine: restrictions to be applied to grain, meat, dairy and egg exports within CUFTA

The tariff quotas will be applied to certain agricultural products delivered from Ukraine within the framework of the Canada-Ukraine Free Trade Agreement (CUFTA), including some cereals, dairy products, eggs, poultry and cattle meat, the press service of the Ukrainian Economic Development and Trade Ministry reported. In particular, Canada has the tariff quotas for the import…