In January-May, industrial production increased by 4.8% YoY, said Beibut Atamkulov, Minister of Industry and Infrastructure Development, during a Government meeting. “Speaking about the mining sector, the production of non-ferrous ores has increased by 3.3% due to ore production increase at Kazakhmys Corporation LLP, Kazchrome TNC and Aluminum of Kazakhstan JSC. The increase in iron…Details
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Fitch Ratings has assigned Mykolaiv long-term foreign- and local-currency issuer default ratings (IDRs) of B. “Fitch Ratings has assigned the Ukrainian City of Mykolaiv Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of B with Stable Outlook,” the statement reads. As noted, the ratings reflect Mykolaiv’s Standalone Credit Profile (SCP) of b+ resulting from a…Details
The volume of services rendered by Ukrainian enterprises in January-March amounted to UAH 226.97 billion, up by 5.5% YoY in comparable prices, the State Statistics Service reported. According to the report, the volume of services sold to the population accounted for 23.1% of the total volume of services sold. The State Statistics Service recalled that…Details
At the end of May the level of registered unemployment reached 8.4% of the economically active population, up by 0.4% MoM, according to data from the State Employment Agency (NVA). At the end of May the number of unemployed persons registered with NVA was 76,440, up by 3,523 people. The most rapid increase of the…Details
Travel by railway will resume in Georgia on June 15, Georgian Railways has announced, noting the company is ready to ensure the safe transportation of passengers and to implement the regulations imposed by the Ministry of Health. Georgian Railway said that the Ministry of Health had already inspected train wagons and concluded that Georgian Railways…Details
National Economy Minister focused on the country’s key economic trends. “In 2019, the GDP grew by 4.5% and inflation by 5.4%, household income increased in real terms by 6.5%. Inflation stood at 4.8%. Investments into agriculture rose by 8.5%, unemployment settled at 4.8%. Export hit $58 billion,” the minister said. According to him, the country’s…Details
Sales of cash foreign currency by Ukrainians through the banking system, which were estimated at $908.8 million, exceeded the purchases by $48.6 million in May. Sales of foreign currency have been exceeding the purchases for the sixth consecutive month, according to the website of the National Bank of Ukraine (NBU). Ukrainian citizens in January-May sold…Details