The Finance Ministry expects that a decline in the Ukrainian economy will be less than earlier predicted by the International Monetary Fund (IMF), Finance Minister Serhiy Marchenko has stated. “We rely on the forecast of the Ministry for Development of Economy, Trade and Agriculture. A decline is projected at 4.8% of GDP. There is every…
The Hungarian low-cost airline Wizz Air has announced the launch of 14 new routes from Ukrainian airports to Italian cities, the airline’s press service reports. “Wizz Air, Ukraine’s leading low-cost airline and Europe’s most eco-friendly airline, has announced 14 new flights to / from Ukraine. With new flights, Wizz Air is reconnecting Italian destinations with…
Ukraine’s State Food Safety and Consumer Protection Service says the Chinese side has officially opened its market for imports of frozen blueberries and bilberries. 10 Ukrainian companies producing the said fruit have already been registered for the relevant supplies, the Service’s press service has reported. China is in the lead of the top three importers…
The construction of a cargo terminal at Boryspil International Airport (Kyiv region) is scheduled to begin this fall, the press service of the European Business Association (EBA) has said, following a meeting of Deputy Infrastructure Minister Oleh Yuschenko and airport representatives. According to the EBA, with reference to the Ministry of Infrastructure, design work is…
The Verkhovna Rada, Ukraine’s parliament, has passed bill No. 2398-d on defense procurement in the second reading and as a whole. The draft law was backed by 276 MPs with at least 226 votes required. The bill defines the general legal framework for planning and forming the volumes and specifics of procurement of goods, works…
Ukrainian citizens declared UAH 94.5 billion as income received in 2019, up by UAH 11 billion YoY, the press service of the State Tax Service reported. Some 505,000 declarations of income and property were submitted, according to the report. The largest amounts of revenues for the last year were declared in Kyiv City – UAH…
Milk production in Ukraine decreased by 3.7% YoY in January-June, according to the State Statistics Service. In particular, milk output amounted to 4.59 million tons, including 1.39 million tons produced by agricultural enterprises (-0.7%) and 3.20 million tons by private households (-4.9%). The highest volumes of milk production over the reporting period were recorded in…