JSC Ukrzaliznytsia does not plan to raise ticket prices after quarantine, Infrastructure Minister Vladyslav Kryklii has said. “There have been no plans to raise tariffs for passenger transportation and there are no such plans yet. It is clear that this issue should be raised in the future. However, when? I cannot tell you yet. Moreover,…
Ukraine in January boosted chicken meat supplies to the European Union by 18.7% YoY, to 9,700 tons. At the same time, Ukraine retained its third position among top exporters of chicken meat to the EU, following Thailand (26,400 tons) and Brazil (27,400 tons), according to an April report by the European Commission. However, Ukraine in…
The National Bank has predicted a rough crisis scenario for Ukraine in case the country fails to seal a new cooperation program with its key lender, the International Monetary Fund. Following a meeting via video link held between the regulator’s leadership and members of the American Chamber of Commerce in Ukraine, the National Bank will…
In January-March, local budgets of Ivano-Frankivsk region received UAH 1.5 million in tourist tax revenues. Compared with the relevant period last year, the growth in revenues made up 38%, Vitaliy Perederko, the head of the tourism department of the international cooperation, eurointegration, tourism and investments department at the Ivano-Frankivsk Regional State Administration wrote on his…
Ukraine’s National Energy and Utilities Regulatory Commission (NEURC) has approved rules for restriction management and regulations for the distribution of interstate intersection capacity. The rules that govern the distribution of interstate section capacity for exports and imports of electricity provide for the operation of an auction office, whose functions will be performed by the state-owned…
A gradual economic recovery in Ukraine is expected in the second half of 2020, but economic activity will remain lower than before the crisis and real GDP may drop by 5.9% this year, Ukraine’s Institute for Economic Research and Policy Consulting has said in a survey for April entitled “Ukraine’s Macroeconomic Forecast – Corona Crisis”.…
The number of vacancies in the Ukrainian labor market has decreased by 34% over the past two week of quarantine, the National Bank of Ukraine (NBU) has reported this in its weekly economic review. According to the report, during the second week of quarantine, the number of new vacancies continued to decline, although at a…