In 2020, budget revenues of Kyiv city have decreased by UAH 5 billion, according to Kyiv Mayor Vitali Klitschko. “The budget of our city was growing from 2015 to 2019. This year, we have lost about UAH 5 billion, and the budget, as we see, has decreased. UAH 3 billion is the amount of income…
Deputy Foreign Minister of Ukraine Dmytro Senik has invited Indian business to invest in the Ukrainian economy. Senik said this during the interagency interactive session of the 26th Partnership Summit, organized by the Ministry of Commerce and Industry of India and the Confederation of Indian Industry (CII). The key topics of the summit were the…
Astarta has finished the 2020 agricultural production season by harvesting sugar beets (almost 1.5 million tons). Considering the negative weather impact on plants throughout the entire year, namely the prolonged drought in the eastern and central regions of Ukraine and spring frosts in the West, yields are predictably lower than last year. Thus, the average…
Imports of goods to Ukraine in January-November amounted to $48.4 billion, down by 10.8% YoY, or by $5.9 billion, while exports of Ukrainian goods decreased by 3.5%, or by $1.6 billion, to $44.3 billion. According to the State Customs Service, trade turnover reached $92.7 billion, with the balance being negative of $4 billion between exports…
The Ministry of Defense on December 14 for the first time in its history signed direct foreign economic contracts to purchase military goods from foreign suppliers, the ministry’s press service reported. Defense Minister Andriy Taran has signed a number of defense contracts with Turkish companies. “Minister of Defense of Ukraine Andriy Taran has signed agreements…
This week the U.S. dollar exchange rate against the hryvnia is expected to decline to UAH 27.75, according to a weekly forecast released by Alpari analytical company. Over the past week, the U.S. dollar exchange rate against the hryvnia has decreased in all segments of the foreign exchange market by an average of 40 kopecks.…
Joint-Stock Company (JSC) Ukrzaliznytsia on December 13 launched a train from Kyiv to the town of Avdiyivka, Donetsk region, the infrastructure minister Vladyslav Kryklii reported on Facebook. “At 19:19 Kyiv time the first Mayak train departed from Kyiv to Avdiyivka. Previously, this train arrived at the Pokrovsk station, now the route has been extended. The…