The consumer confidence index in Ukraine grew by 3.2 points in May, to 58. It is the highest since July 2014, GfK Ukraine reported. “In May Index of Current Personal Financial Standing, Index of Expected Changes in Personal Financial Standing and Index of Economic Expectations reached their maximum indicators over the past two years,” the…
The reform proposed by the Cabinet does not provide for raising the retirement age, but it cancels the taxation of pensions, Prime Minister of Ukraine Volodymyr Groysman said, commenting on the decision of the National Council of Reforms to support the pension reform. “We had a thorough conversation, we received useful suggestions, and the National…
In May Ukraine exported 24.5 thousand tons of high-oleic sunflower oil, which became a record of monthly shipment volumes. Since the beginning of 2016-2017 MY (September 2016) Ukraine exported the maximum volumes of the product ever – 120 thousand tons, up 3-fold YoY (40.8 thousand tons). Also, during the first 9 months of 2016-2017 MY…
Energoatom in January-May increased electricity production by 11.8% YoY (by 4.126 billion kilowatt-hours), to 38.979 billion kWh, the press service of the company has said. The target was met by 106.6%. Electricity sales on the wholesale market during the reporting period totaled 36.732 billion kWh compared to 32.776 billion kWh last year. The Energoatom’s share…
Within the framework of the Kazakh-Ukrainian Business Council, an agreement was reached between the two countries on export-import cooperation, Ukrainian Vice Prime Minister – Minister for Regional Development, Construction, Housing and Utilities stated at the 13th meeting of the joint interstate Ukrainian-Kazakh commission for economic cooperation. According to Zubko, the Development Bank of Kazakhstan is…
The Finance Ministry of Ukraine intends to allocate over UAH 150 billion for road construction in 2018-2020, Finance Minister Oleksandr Danyliuk said at a press conference dedicated to the issue of a budget resolution up to 2020. “Resources should be found for the development of infrastructure because this will contribute to economic growth. Therefore, we…
The National Commission for Energy, Housing and Utilities Services Regulation (NCER) has decided to issue a license to supply natural gas to Trafigura Ukraine LLC, a Ukrainian subsidiary of Trafigura global commodity trader. “I propose to congratulate Trafigura Ukraine as one of the largest global energy commodity traders on receiving the license and getting the…