Meeting of the president of Russia with the head of Kyrgyzstan was an important and timely event, expert on Central Asia Grigory Mikhailov commented on the results of Sadyr Japarov’s working visit to Sochi. According to him, the meeting of the heads of the two friendly states made it possible to personally discuss the most…
The total number of payment cards in circulation since year-start has grown by 2.5%, to 75.3 million, the National Bank of Ukraine reports. “Non-cash transactions via payment cards remain popular among Ukrainians,” Andriy Podderehin, chief of the NBU’s Payment Systems and Innovative Development Department, told a press conference. By the number of transactions this year,…
The Ukrainian Ministry of Economic Development, Trade and Agriculture expects that within a month the European Union will publish its position on the size of quotas for exports of Ukrainian products. Deputy Minister of Economic Development, Trade and Agriculture Taras Kachka said this during the presentation of the study “Strategic Guidelines for Deepening Ukraine’s Trade…
Since 2004, the total amount of financial resources provided by the European Investment Bank (EIB) in Ukraine, both in the public and private sectors, has exceeded EUR 7.5 billion. The press service of the Finance Ministry informed this following an online review of the European Investment Bank’s project portfolio on May 18. The EIB’s project…
In April, actual unemployment rate comprised 8%, down by 0.1% MoM. The unemployment rate among women remained at 7.5% in April, whereas among men it decreased by 0.1%, to 8.5%, according to data of the Labour Force Survey (LFS) conducted by the Central Statistical Bureau (CSB). Unemployment rate registered by the State Employment Agency (NVA)…
Food and Agriculture Organization of the UN has launched a $3.4-million 4-year project “Smart Farming for the Future Generation”. Organized with the financial support of the Republic of Korea, the project is also underway in Vietnam. Three demonstration sites are to be created in Uzbekistan to build capacity, develop agribusiness opportunities and receive technical support.…
Bankruptcies rose by 26% YoY to 2020, which was also the first year the bankruptcy rate had increased since the last economic downturn. While the situation is not as bleak as it had been in the last downturn over 10 years ago, the pandemic has brought about a situation where start-ups without significant assets are…