The budgets of united territorial communities will grow to UAH 292.3 billion in 2019 and the state support for regional development will amount to over UAH 30 billion, Vice Prime Minister Hennadiy Zubko wrote on his Facebook page. “Own local budget revenues will grow to UAH 292.3 billion in 2019. In addition, the state support…Details
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Bank Lviv and the German-Ukrainian Fund (GUF) have signed an agreement for EUR 3 million to provide lending for small and medium-sized enterprises (SMEs). “In accordance with the signed loan agreements, Bank Lviv will provide loans to SMEs as part of a micro-lending program and a new SME program to support the financing of SME…Details
In connection with the accident on December 12 on the Artem-Makhachkala power line of the Russian energy system, Azerbaijan’s energy system provided the Dagestan power grid (Derbent substation) with electricity of 140-160 MW from 08:52 to 20:51 (GMT +3), Azerenergy OJSC reported. Energy was exported on the basis of an agreement on mutual assistance in…Details
The European Commission has disbursed EUR 15 million in loans to help Georgia cover part of its financing needs and support the implementation of economic reforms. The loan was provided under the first installment of its new Macro-Financial Assistance (MFA) program. “The grant component of EUR 5 million will be disbursed in the coming days,…Details
Reaching 247,882 tons in January-November, meat production in Kazakhstan increased by 8.9% YoY, the Statistics Committee of the Kazakh Ministry of National Economy of Kazakhstan reported. During the period under consideration, 476,284 tons of milk (+8%), 3,692,140 tons of flour (+2.7%), 223,916 tons of sugar (-31%), and 75,028 tons of groats (+17.8%) were produced in…Details
Coca-Cola Beverages Ukraine has launched a new PET line at a plant in the Kyiv region. The production capacity of the line is 42,000 bottles per hour. The project was implemented in 2.5 months, and the volume of investments in the project was 10.5 million euros. As of December 12, the plant utilized 12 lines…Details
The Board of the National Bank of Ukraine has decided to keep its key policy rate at 18% per annum. In November, annual consumer price inflation came in at 10% and was close to the NBU’s latest forecast published in the October Inflation Report. The acceleration of inflation as compared to previous months was anticipated…Details