The National Bank of Ukraine (NBU) has stated it may lower the discount rate to 8%, if the economic situation remains stable in Ukraine. “If the macroeconomic situation does not change dramatically, the discount rate may be 8%. We previously planned to reduce it to this level in 2021. However, we see now the prerequisites…
The World Bank (WB) predicts that the gross domestic product of Ukraine (GDP) will reach 3.7% in 2020, according to a WB report. According to the bank’s forecasts, Ukraine’s GDP will grow up to 3.7% in 2020, and 4.2% in 2021 and 2022. The real GDP of Ukraine in the third quarter of 2019 increased…
A Ukrainian producer has developed an anti-landmine drone with centimeter-level accuracy. The Ukrainian enterprise, in partnership with a foreign firm, developed special magnetometric sensors for drones to detect unexploded ordnance, the Ukrainian Defense Ministry’s press service said. “The sensors are mounted on a quadcopter, which flies within the designated area at an altitude of 5-10…
Ukraine in 2019 updated its historical record for banana imports, having purchased about 275,000 tons, up by 8-9% YoY. Experts say a record volume of banana imports to Ukraine has been observed against the background of growing output of Ukrainian fruit and berries and a decreased number consumers due to loss of control over the…
About EUR 3.7 billion was invested in renewable energy capacities in Ukraine in 2019, according to the State Agency on Energy Efficiency and Energy Saving of Ukraine. “In 2019 about EUR 3.7 billion was invested in record high 4,500 MW of renewable energy capacities in Ukraine,” reads the statement. According to the data provided by…
In 2020 Kharkiv International Airport will open new flights to Budapest, Burgas and Heraklion, the airport’s marketing manager Alina Pecherytsia reported. “From January 16 the Irish low-cost airline Ryanair will launch flights to Budapest twice a week, on Thursday and Sunday. The cost of a one-way ticket without luggage begins from UAH 452. From June…
Ukrainian farmers in Ternopil region gathered a record amount of grain crops in 2019, the head of the regional department of agribusiness, Volodymyr Stakhiv reported. “Farmers in Ternopil region collected a record amount of grain in recent years. In 2019 they threshed about 2.7 million tons of grain and leguminous crops, up by 148.2 thousand…