Ukraine: long awaited rains arrive

After long term September drought rains were observed throughout the whole territory of Ukraine last week. Thus, heavy rains were seen in Lvov region (Western Ukraine) – on October 4, daily precipitation totaled 54.3 mm –a lmost a monthly norm (95%). In Kharkov region 10 days precipitation amount varied within 5-12 mm, or 38-92% of…

Ukraine: investment interest constrained by unfavorable business climate

Investment interest in Ukraine is restrained by the unfavorable business environment in the country, according to participants of the Kyiv International Economic Forum. According to Ambassador of Canada to Ukraine Roman Waschuk, Canadian investors are interested in entering or expanding activities in Ukraine. At the same time, they are interested in certain guarantees of investment…

Ukraine: IMF welcomes economic achievements

According to the results of the second review of implementation of the IMF program by Ukraine, the fund is “impressed” by the government’s efforts to carry out reforms and renew its economy. Director of the IMF’s European Department Poul M. Thomsen said this during a press conference in Washington. “We see that (economic) policy is…

Ukraine: flour production continues to drop

Over the 8 months of 2016 flour production in Ukraine lowered by another 6%. In January-August Ukraine produced 1.212 MMT against 1.288 MMT over the same period of 2015. Flour production went down in all the key producing regions: Kharkov, Dniepropetrovsk, Kiev, Kherson, Odessa, etc. In contrast to the mentioned regions, production in Luhansk region…