The Infrastructure Ministry of Ukraine is planning to halve port charges. According to the ministry, Ukraine loses because of its overcharged port dues lead to shrinking freight traffic. The ministry is currently working on tariff reduction. The final approval of a new port tariffs and charges technique that would at least halve them is scheduled…
Electricity consumption in Ukraine in January through October, taking into account losses in electricity transmission, fell by 2.3% or by 2.807 billion kilowatt-hours (kWh) YoY, to 120.593 billion kWh, the Energy and Coal Industry Ministry reported. Electricity consumption, not including losses, over the period fell by 2.6%, or by 2.59 billion kWh, to 95.44 billion…
The National Bank of Ukraine (NBU) in November sent 14 billion UAH to the national budget, according to a posting about budget revenues as of November 17, posted on the website of the State Treasury Service. As reported, the NBU Council on October 25, approved of the consolidated report of the central bank for 2015…
Grain harvest in Ukraine in 2016 would total 64 million tons, Agricultural Policy and Food Minister of Ukraine Taras Kytoviy has said. “We expect that this year we would have a record-breaking harvest of 64 million tons with the average yield of 44 hundredweights per ha”, the minister said. He said that the indicator was…
Ukraine exported 16.4 million tons of grain since early 2016/2017 agricultural year (July-June) as of November 18. Ukraine’s Agricultural Policy and Food Ministry has reported that around 9.5 million tons of wheat, 3.9 million tons of barley and around 3 million tons of corn were exported. Some 131,000 tons of flour was exported as of…
The International Monetary Fund (IMF) is waiting for decisive steps particularly need to be taken to fight corruption from the Ukrainian authorities, including prosecuting and convicting corrupt high-level officials, the mission of the IMF said after visiting Kyiv on November 3-17. “While there has been progress in setting up new institutions, including the National Anti-Corruption…
President of Ukraine Petro Poroshenko has signed the law on exempting charitable activity carried out by religious organizations from taxes. The press service of the Cabinet of Ministers noted Poroshenko signed amendments to the Tax Code of Ukraine concerning exemption from taxes of non-profit (charitable) activities, including humanitarian aid, charity, philanthropy, etc., activities carried out…