The Finance Ministry will submit the Budget Declaration for 2020-2022 to the Cabinet of Ministers for approval this week, Finance Minister Oksana Markarova stated during a business forum of the European Bank for Reconstruction and Development (EBRD), the ministry’s press service wrote on its Facebook page. “The Finance Ministry will continue to work on active…
Olkom Group’s PJSC Kyiv Margarine Plant invested more than UAH 4 million in upgrading technologies and acquiring new equipment in Q1. Owing to investment, the plant has doubled its capacity for production of edible fats and industrial margarines. In addition, up-to-date equipment was installed there for identifying fatty acid trans-isomers (a gas chromatograph) and evaluating…
Boryspil International Airport will launch the first phase of multilevel parking for passengers on May 23, according to the airport’s commercial director, Heorhiy Zubko. “On May 23, we will open the first phase of multilevel parking for passengers and continue the development of the airport,” he wrote on his Facebook page. He added that there…
Vinnytsia region has significantly reduced sugar beet harvested areas. While last year sugar beet was harvested from 55 thousand hectares, this spring the sugar beet areas decreased to 44.8 thousand hectares. “Sugar beet area was planned at 48.3 thousand hectares, but it was sown only on 92%”, said the deputy director of the regional department…
In April, the international passenger traffic at the Kharkiv International Airport grew by 57%. “In April, the international passenger traffic at the Kharkiv Airport totaled 75,500 people, up by 57% YoY, when the traffic was 48,100 people. Taking into account domestic flights, 92,900 passengers used the airport services in April, up by 43%,” the press…
In January-April, local budgets received UAH 81.3 billion, up by 22.6% YoY or by almost UAH 15 billion, Ukraine’s State Fiscal Service (SFS) reports. “In January-April, according to operational data, the local budgets of Ukraine received UAH 81.3 billion of payments controlled by the SFS. This is 22.6% or almost UAH 15 billion more than…
Ukraine’s Central Bank forecasts that the country’s GDP growth will slow down to 2.5% in 2019, only to speed up again starting next year: to 2.9% and 3.7% in 2020 and 2021, respectively. “The causes of the 2019 economic slowdown include weaker growth in the world economy and global trade, a restrained fiscal policy due…