The average salary in Ukraine in 2019 was UAH 9,205, the State Property Fund reported on its Facebook page. “The average salary for 2019 is UAH 9,205.19,” the report reads. The State Property Fund approved the average wage for December 2019, which, according to the law of Ukraine on compulsory state pension insurance, was taken…
An additional one million legal jobs will be created in Ukraine in the next five years, Minister of Economic Development, Trade and Agriculture of Ukraine Tymofiy Mylovanov has said. “The government is ready to legalize labor in Ukraine. We look at neighboring countries, where each industry has its own rules, for example, official hourly wages.…
In 2019, Ukrainian transport companies increased passenger turnover by 3.3% YoY, according to a report on the implementation of the program of activities of the Cabinet of Ministers of Ukraine. “Passenger traffic continued to grow (3.3% against 5.1% in 2018) due to the stable development of air transport in the context of the liberalization of…
In 2020, the Government of Ukraine plans to sell more than 300 entities within small-scale privatization and five large enterprises. This is stated in the government’s “Economic Strategy: Growth through Investment”, the press service of the Ministry of Economic Development, Trade and Agriculture of Ukraine reports. “The next area of private investment attraction is the…
The government has already begun to assess the impact of the coronavirus epidemic on the Ukrainian economy, Prime Minister Oleksiy Honcharuk has said. “Speaking about the coronavirus, I am quite sure that this factor must be assessed, and we are already doing it. The question is different: no one in the world can say how…
The state-run enterprise Energoatom, the operator of Ukraine-based nuclear power plants, generated 7.825 billion kWh of electricity in January, up by 126.6 million kWh, or by 1.6% from the target set for the period. Over the period under review, Energoatom’s power plants sold 7.375 billion kWh of electricity, up by 149.1 million kWh. The plan…
The shortcomings of macroeconomic forecasting, in particular regarding the hryvnia exchange rate, led the state budget falling short of UAH 2.3 billion ($94 million) in January, said head of the Accounts Chamber of Ukraine, Valeriy Patskan. “The actual hryvnia exchange rate in January on average amounted to UAH 24.1 to the dollar, while budget revenue…