The International Monetary Fund (IMF) has revised downwards expectations for growth of the ratio between total external debt to GDP in Ukraine in 2017. The fund said that the indictor would grow to 127.4% of GDP from 123.8% of GDP in 2016 (earlier it was projected to 136.3%) and it would decline to 126.3% of…
The U.S. Department of Agriculture (USDA) has projected that sunflower harvest in Ukraine in the 2017-2018 agricultural year (September-August) would be 13.5 million tons. Sunflower oil production would reach 5.633 million tons and its exports – 5 million tons. Production of sunflower cake could total 5.371 million tons and its exports – 4.4 million tons.…
The key risks of the Ukrainian banking sector are low operation efficiency of state-owned banks and low quality of their assets, according to the banking sector review published by the National Bank of Ukraine (NBU) on its website. “Largest state-owned banks require the radical change of their business models and designing long-term development strategies. The…
As of May 10, Ukrainian agrarians planted spring grains and pulses throughout the areas of 5.936 million ha, or 82% of the forecast, a decrease of 356 thousand ha compared with the same date last year, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, the planted areas under early crops reached…
The Ukroboronprom State Concern and Turkey’s MKEK (Makina ve Kimya Endustrisi Kurumu) operating in machine and chemical industry will establish cooperation under the ammunition development program, the press service of the concern reported on May 10. According to the report, the cooperation agreement between MKEK and Ukroboronprom’s Artem state-owned joint-stock company and state-run foreign trade…
A new airline will be set up soon in Ukraine, which is expected to compete with the Ukraine International Airlines (UIA), Ukrainian Infrastructure Minister Volodymyr Omelian said. “I hope that another airline will be set up in Ukraine this year, which will become a worthy competitor to the UIA. In this case, we will regain…
The National Commission for Energy, Housing and Utilities Services Regulation (NCER) has permitted uniting all physical gas transport system (GTS) entry points from a gas producer into one virtual point. The decision is outlined in the NCER resolution No. 615 dated April 28, published in the Uriadovy Kurier newspaper on May 10. According to the…