In January-September the local budget revenues grew by UAH 32.7 billion compared to the same period last year and totaled UAH 167.6 billion. “In 9 months the local budget revenues grew by 25%,” Vice Prime Minister – Minister of Regional Development, Construction and Housing and Communal Services of Ukraine Hennady Zubko announced, the government portal…
Ukraine has unveiled a solar plant in Chornobyl, just across from where a power station, now encased in a giant sarcophagus, caused the world’s worst nuclear disaster three decades ago. Built in a contaminated area, which remains largely uninhabitable and where visitors are accompanied by guides carrying radiation meters, 3,800 panels produce energy to power…
Trade and economic relations between Ukraine and Moldova are developing in a positive manner, and they are not subject to any restrictions, Ukrainian Prime Minister Volodymyr Groysman has said. “First and foremost, I want to note a high level of the development of Moldovan-Ukrainian trade and economic relations. We also see the prospect of their…
Capital investments in Ukraine grew by 26.6% in the first half of 2018 compared with the corresponding period in 2017, First Vice Prime Minister – Minister for Economic Development and Trade Stepan Kubiv stated during Government Question Hour meeting. “Capital investments increased by 26.6% in the first half of 2018 compared with 2017. Almost half…
Economic growth in Ukraine picked up to 3.5% in the first half of 2018 supported by an early agriculture harvest, increase in domestic consumption due to higher wages and pensions and remittances. This is indicated in the World Bank’s Ukraine Economic Update as of October 4. According to the World Bank, Ukraine’s economic growth in…
The Ministry of Energy and Coal Industry of Ukraine has compiled and approved the Forecast Balance of Electricity for 2019, according to which an increase in electricity exports from Ukraine is projected at 5.3%, to 6.42 billion kWh in the next year compared to the Forecast Balance for the current year of June 15. According…
Coal buyers have overpaid UAH 15 billion, or $536 million, for the illegal use of the so-called “Rotterdam Plus” formula. “The other day, we got an economic report by specialists who concluded that the use of ‘Rotterdam Plus’ tariff was indeed unreasonably applied, the established amount of illegally charged funds received as a result of…