Ukraine’s national budget in January-March grew by 25% YoY, from UAH 26.2 billion ($966.8 million) to UAH 32.732 billion ($1.21 billion). The country’s consolidated budget consisting of the national and regional budgets saw a UAH 17.324 billion ($639.3 million) deficit in the first three months of 2020, which was 93% higher than the deficit for…
Nova Poshta International (NPI), a member of the Nova Poshta group of companies, has changed its name to Nova Poshta Global (NPG), according to the company. “Such changes have occurred so that the name conveys a deeper meaning of the entire activity and strategy of Nova Poshta Global, the worldview of its employees. We help…
Despite the embargo on commercial passenger flights, Ukraine International is operating cargo flights delivering medical supplies and humanitarian relief shipments. Since April 13, Ukraine International has operated eleven cargo flights from China to Ukraine, Italy, Israel, Poland, France and Germany. The carrier expects to operate another ten humanitarian flights in the next two weeks. The…
More than UAH 80 billion will be allocated for road repair in 2020. This is an unprecedented amount preserved in the updated State Budget of Ukraine. “During a working visit to Zakarpattia region the Head of Government of Ukraine Denys Shmyhal emphasized that along with the overhaul of roads of national importance the priority for…
Inflation will remain low in Ukraine in April, as there is no increased demand in the commodity and foreign exchange markets, according to preliminary data provided by the National Bank of Ukraine (NBU). “Inflation will remain low in April, according to preliminary data from the NBU online monitoring. Increased demand for essential goods and stir…
InCo home, one of the leading investment companies in construction and real estate industry, said the primary real estate market in Ukraine in January-March lost 15% of sales. “In January-March, sales with regard to 20 new residential complexes, where the company invested, reached a total of 15,000 square meters. Last year, it was 17,500 square…
Exports of Ukraine-made agricultural machinery in 2019 shrank by almost 10% YoY, say experts with the National Scientific Center “Institute of Agrarian Economics”. “Ukraine’s export opportunities with regard to the main types of agricultural equipment are traditionally significantly lower than import ones. However, supplies from foreign countries in 2019 declined critically, that is, by 9.4%,…