The deficit of Ukraine’s foreign trade in goods in January-May amounted to $2,054.9 million, up by 44.4% YoY. This data was provided by the State Statistics Service of Ukraine. In January-May Ukraine’s total imports of goods made up $21,515.0 million, or 115.3% compared to January-May 2017. Ukraine’s total exports of goods over the reporting period…
The state-run railways operator JSC Ukrzaliznytsia may raise fares for passengers by 25% (+/-3%) in 2018-2019 and by 30% (+/-3%) in 2020-2021 annually. Such a forecast is given in the outlook for the social and economic development of Ukraine in 2019-2021. Freight transportation rates may also soar by 25% (+/-3%) in 2018-2019 annually. According to…
The Pension Fund of Ukraine continues to finance pension payments for July, the government’s portal reports with a reference to the Pension Fund. “As of July 13, UAH 16.8 billion was allocated for the payment of pensions, which is 56.2% of the monthly requirement,” reads the report. The Pension Fund added that financing and payment…
GE Transportation, a division of U.S. company General Electric, will provide Ukraine with first diesel locomotives this autumn, Prime Minister Volodymyr Groysman stated during the Government Question Hour meeting held in Parliament. “This year we will build more wagons than ever. And we will get a new rolling stock this autumn, which we built with…
In 2018 Ukraine will receive about $2 billion from the IMF, as well as loans from the EU and the World Bank, which will provide an opportunity to increase international reserves up to $20.7 billion by the end of this year. However, in 2019-2020, due to peak payments on external public debt, the balance of…
Ukrainian banks in the first half of 2018 reduced the number of operating structural divisions by 361, to 9,128 as of July 1, according to the National Bank of Ukraine. According to the data published on the regulator’s website, the largest number of branches during the period under review was shut down by state-owned banks,…
Ukraine exported 67,600 tons of sugar in June of the current marketing year (2017-2018 MY, September through August), up by 25% MoM, the National Association of Sugar Producers, Ukrtsukor, has reported. “Large batches of sugar in June were shipped to Uzbekistan (51%) and Libya (35%), while smaller batches were exported to Azerbaijan (5%), Armenia and…