In 2019-2020 Ukraine should pay off about $12 billion in foreign debt, including interest payments. “We do not have access to other funding channels without the IMF program, namely the funds from the European Union, the World Bank. Therefore, the proposal to sign a new program with the IMF is economically feasible,” Governor of the…
Nibulon (Mykolaiv), one of the largest grain traders in Ukraine, intends to build a port in the village of Oleksandrivka (Kherson region) in five years, the company said in a statement. “This port is a great prospect for the development of the entire Kherson region. This is an extremely difficult task and very large investments,…
The trade turnover between Ukraine and Lithuania in 2017 increased by more than 40% YoY and in January-September 2018 – by more than 17%, Ukraine’s First Vice Prime Minister – Minister of Economic Development and Trade Stepan Kubiv wrote on his Facebook page. “I’m participating in the 4th Ukrainian-Lithuanian Economic Forum, which gathered over 400…
The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of two banks – PJSC Bank Kontrakt and PJSC CB Active-Bank, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision dated December 3, No. 3235, to extend the term of liquidation of PJSC Bank Kontrakt for…
Ukraine’s Infrastructure Minister Volodymyr Omelyan says two seaports in the Ukrainian cities of Mariupol and Berdyansk (the Sea of Azov) are forced to cut their working hours after Russia blocked the passage of vessels through the Kerch Strait connecting the Black and Azov seas. “As we expected, Moscow is now manually handling the access of…
The Verkhovna Rada has passed in the first reading a bill that provides for a ban on the commissioning of new houses and public facilities without arranging a barrier-free space. The relevant draft law aims to enhance protection of persons with disabilities and other people with limited mobility in urban planning. Deputy head of the…
The average monthly salary in Ukraine amounted to UAH 9,063 in the third quarter of 2018, up by 24.7% YoY, according to the State Statistics Service of Ukraine. The highest average monthly salary in the third quarter was recorded in the air transport industry (UAH 39,439; +11%), in the financial and insurance sectors (UAH 16,205;…