Experts say the ongoing labor migration Ukraine is seeing now may impede the country’s economic recovery, which was observed in the first half of 2018. “The only positive example in the Ukrainian realities is what the IT sector has done. Firstly, the introduction of taxation at 5% of the amount of income means the development…
Revenues of local budgets in January-June grew by 23.8% YoY, or by UAH 20.741 billion, to UAH 107.704 billion. Over the said period, the government has carried out interbudgetary transfers to local budgets worth UAH 169.808 billion, which is 95.3% of the allotted appropriations, as reported on the website of the Ministry of Finance of…
The German federal company Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) mbH launches a new project to support the Energy Efficiency Fund of Ukraine, Vice Prime Minister-Minister for Regional Development, Construction and Housing Hennadiy Zubko wrote on his Facebook page. “We continue to unite international partners around the energy efficiency reform and the launch of the…
President of the State Enterprise Antonov Oleksandr Donets says his enterprise plans to build from 5 to 10 aircraft in the next five years under a base-case scenario. “The An-178 is my priority, because Antonov has always been famous for its transport aircraft. Then we will launch the manufacture of the An-158 aircraft. We would…
The state budget of Ukraine in January-June received UAH 449.056 billion ($17.07 billion) in revenue, down by UAH 14.128 billion ($536 million), or by 3.1% from the target for the said period. Compared with the same period in 2017, the state budget revenues in the first half of 2018 increased by UAH 54.150 billion ($2.06…
AVK confectionery company has launched exports to Malaysia. “We have already handled the first three deliveries of sweets and are working on new orders,” AVK Deputy Director General for Strategic Development Andriy Radchuk declared. As reported, the first 50 tons of Ukrainian sweets have already been supplied to Malaysia. Radchuk says the company plans to…
Ukraine and the UK have welcomed ongoing consultations on ensuring the implementation of the Association Agreement between Ukraine and the EU, which includes a Deep and Comprehensive Free Trade Agreement (DCFTA), facilitating trade worth $2.35 billion between the two countries after the UK leaves the EU, the press service of the Ministry of Economic Development…