The surplus of Ukraine’s national budget in January-August was estimated at UAH 11.798 billion, or $420 million, down by 70% YoY (UAH 38.470 billion, or $1.369 million). The surplus of the country’s consolidated budget over the period under review was UAH 34.356 billion ($1.2 billion), down by 50% (UAH 68.646 billion, or $2.4 billion), according…
China has allowed performing regular flights from Ukraine to the cities of Haikou and Sanya located on Hainan Island, the State Aviation Administration of Ukraine reports. As noted in the letter by which the Chinese side confirmed the relevant decision, the designated air carriers can perform unlimited number of flights to Hainan Island, using the…
Ukrainian solvent banks in January-August received UAH 13.747 billion ($490 million) in profit, up 4-fold YoY. Revenues of solvent banks over the period under review grew by 7.3%, to UAH 128.440 billion ($4.6 billion), while expenses dropped by 1.4%, to UAH 114.693 billion ($4 billion), according to the National Bank of Ukraine (NBU). (UNIAN/Business World…
In accordance with the Ukrainian government strategy for the development of the road sector, the roads built in line with modern standards will connect all regional centers of Ukraine in five years, Prime Minister Volodymyr Groysman said during his visit to a section of the M-09 Ternopil – Lviv – Rava-Ruska road, part of the…
Ukraine’s state and government-guaranteed debt in August shrank by 1.1%, or by $0.86 billion, to $74.85 billion. At the same time, the country’s debt in the hryvnia equivalent increased by 4.2%, or by UAH 91 billion, to UAH 2.117 trillion, the Finance Ministry of Ukraine has reported. Since the beginning of the year the debt…
The EBRD-managed program supporting energy efficiency in Ukrainian homes has reached a milestone of investing over UAH 1 billion (equivalent of over EUR 30 million). More than 30,000 Ukrainian households took out loans from local commercial banks, which participated in the program to invest in green technologies for their homes; of those, over 20,000 projects…
Avangard plans to recover the second position in the list of the world’s largest egg producers, lost as a result of military aggression in Donbas, Oleg Bakhmatyuk, owner of UkrLandFarming (ULF) and Avangard, announced. “Over the past four years we have invested more than $2.2 billion in agricultural assets in Ukraine. We are working to…