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
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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
Trade between Ukraine and Germany grew by 3.1% YoY in 2019, to $9.3 billion, Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko said at a meeting with German Ambassador to Ukraine Anka Feldhusen, the press service of the Ministry of Economic Development, Trade and Agriculture reported. “Germany is our reliable partner, which…Details
Georgia is opening its airspace to international flights from July 1 and the international airports are making preparations to receive tourists and to ensure their services are in line with the recommendations of the Ministry of Health. Disinfectant machines for hands have already been set up, as well as thermal cameras to scan travelers arriving…Details
Governor of Zhambyl region Berdibek Saparbayev surveyed a new windmill farm in Talass district, the regional administration’s press service reported. It is the first wind farm by Wind Power City LLP in Talass district. KZT 1.8 billion was invested into the project. Seven wind-powered generators with a capacity of 9 MW per hour were built.…Details
Ukrainian banks have already opened 89% of their branches, although their share was 75% at the beginning of May, the press service of the National Bank of Ukraine (NBU) reported on Facebook. “Banks, along with the whole country, are gradually returning to normal life. The banking infrastructure is resuming its activity, more bank branches are…Details
Ukraine will stop levying 1.5% war tax on coupon and investment incomes on government domestic loan bonds due to changes in legislation. The relevant changes are stipulated in Law No. 466-IX “On amendments to the Tax Code regarding the improvement of tax administration, the elimination of technical and logical inconsistencies in tax legislation”, adopted by…Details