Bank deposits in the national currency in Ukraine in March fell by 1%, to UAH 539.4 billion ($20.2 billion), while deposits in foreign currency shrank by 0.7%, to $13.4 billion in the U.S. dollar equivalent. From year-start, bank deposits in hryvnias have decreased by 0.1%, while those in foreign currency grew by 0.2%, according to…
DetailsLithuania is ready to receive more cargoes from Belarus. The statement was made by Lithuanian Communications and Transport Minister Rokas Masiulis as he encouraged the Klaipeda port and Lithuanian Railways to do their best competing for contracts with Belarus. In a Facebook post Rokas Masiulis wrote that the amount of Belarusian freight handled by Lithuanian…
DetailsIn 2019, real GDP growth is expected to be around 3.7% in Kyrgyzstan, report of the National Bank says. Excluding the enterprises developing Kumtor mine, the growth will be about 3.8%. Production at Kumtor in 2019 is expected to be equal to the production level of 2018. In 2020, real GDP growth is forecast at…
DetailsThe poultry plant “Hajiqabul Qushchuluq” located in the Hajiqabul district will start exporting eggs to Qatar next week, head of the plant’s export department Akif Aliyev declared. He said that 36,000 eggs would be exported in 1,000 packages. “In the future, we plan to increase these volumes, and the negotiations are underway regarding this,” he…
DetailsSolarGaps has become the first start-up in Ukraine to receive a EUR 1-million grant in equity free funding under the Horizon 2020 SME Instrument Phase 2. SolarGaps became the first Ukrainian start-up, which received SME Instrument Horizon 2020 Phase 2 grant since the interview stage in Brussels was introduced. The start-up secured EUR 1 million…
DetailsIn 2018, the proceeds from the tourism industry into the state budget of Ukraine increased by 250%, to UAH 4.2 billion. “The local authorities have significantly increased spending on tourism development owing to the decentralization reform. Kyiv had only UAH 300,000 in 2014, and today it has more than UAH 12 million; Odesa had 0,…
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