Revenues from the single social contribution totaling UAH 228 billion were transferred to the state budget in 2018, up by 26.1% YoY, according to the State Fiscal Service. “In 2018, revenues from the single social contribution for compulsory state social insurance totaled UAH 228 billion, which was up by UAH 47.2 billion,” reads the report.…
Ukraine’s First Deputy Prime Minister and Minister for Economic Development and Trade Stepan Kubiv and Israel’s Minister of Economy and Industry Eli Cohen have signed a free trade agreement between the two countries. The signing ceremony took place in the presence of Ukrainian President Petro Poroshenko, who was on a visit to Israel on January…
On January 17, Kernel completed the production of an export consignment of bottled vegetable oil with a Passover Kosher certificate from Badatz Beit Yossef, the company informed on Facebook. The produce was manufactured by Prykolotnoe OEP. People in Israel will be able to use oil for cooking as early as April, during the celebration of…
Ukraine boosted electricity exports by 19.36% in 2018 from 2017, to 6.166 billion kWh. Over the period under review, Ukraine exported about 3.59 billion kWh of electricity to Hungary, which accounted for 58% of electricity sales abroad, 1.4 billion kWh to Poland (23%), and 960 million kWh to Moldova (16%), according to the website of…
PJSC Centrenergo will be transferred to gas coal in 2019, Energy and Coal Industry Minister Ihor Nasalyk has said. “PJSC Centrenergo consumed 2.2 million tons of anthracite in 2016, 800 thousand tons in 2017, and 400 thousand tons in 2018. The balance forecast and fuel structure for 2019 envisage no anthracite consumption at all,” Nasalyk…
The National Bank of Ukraine (NBU) forecasts that inflation rate in Ukraine will not exceed 7% at the end of the year. NBU Governor Yakiv Smolii said this during his speech in the Verkhovna Rada. “Inflation is expected to be not more than 7% at the end of the year, namely 6.9%,” said Smolii. As…
First Deputy Prime Minister of Ukraine and Minister of Economic Development and Trade Stepan Kubiv said the growth of the country’s gross domestic product (GDP) in 2018 was estimated at more than 3%. “The beginning of 2019 is positive: estimates suggest GDP growth in 2018 exceeded 3%, inflation was less than 10%, and the average…