Before martial law period expires, Ukrainian troops are expected to have received more than 200 units of military equipment, according to Defense of Ukraine Stepan Poltorak. Martial law is introduced in the country for two main reasons. The first is aggression against Ukraine. The second is when there is a threat of open aggression. “Thanks…
The most popular international flights from Igor Sikorsky Kyiv International Airport (Zhuliany) in 2018 were Minsk, Warsaw, Sharm el-Sheik, Ankara, Dubai, and Antalya, the airport’s press service wrote on Facebook. “And domestic flights – Odesa, Zaporizhzhia, and Lviv,” reads the report. In January-November Kyiv International Airport serviced 2.606 million passengers, up by 53.7% YoY. “The…
Lviv region has approved the main financial document for 2019. “The Lviv Regional Council at an extraordinary session on December 11 adopted the budget for 2019. The main financial document envisages expenditures at UAH 14.5 billion. Almost UAH 1.42 billion will be spent on the implementation of regional programs in Lviv region next year,” press…
Prime Minister Volodymyr Groysman has said that the economy of Ukraine has been growing for 11 quarters in a row, although it’s not enough and much still needs to be done. “Our goal is to reach 5-7% of GDP growth. We need to attract investments for this. We are moving in the ease of doing…
As of December 10, Ukrainian sugar refineries produced 1.574 million tons of sugar, according to the Ukrtsukor National Association of Sugar Producers. “As of December 10, 1,574.0 thousand tons of sugar were produced and 11.64 million tons of sugar beets were processed,” reads the report. The sugar-refining season in Ukraine officially started on August 31.…
Natural gas reserves in Ukraine’s underground storage facilities (USFs) have shrunk by 9.6%, or by 1.65 billion cubic meters, to 15.5 billion cubic meters since November 7, when Ukraine started pumping out gas from its stocks. As of December 8 gas reserves in the country’s USFs were estimated at 15.542 billion cubic meters, down by…
In 2019-2020 Ukraine should pay off about $12 billion in foreign debt, including interest payments. “We do not have access to other funding channels without the IMF program, namely the funds from the European Union, the World Bank. Therefore, the proposal to sign a new program with the IMF is economically feasible,” Governor of the…