Ukraine: some reforms to undergo changes

Some of the reforms implemented by the previous governments, including the fight against corruption, will be continued, while some of them will undergo changes. “Reforms are not an end in themselves. Reforms are a tool to improve the life of Ukrainians and make it less corrupt. Of course, we will implement the reforms that have…

Ukraine: average wage up in January 2020

The average nominal wage of a full-time employee grew by 12.5% in Ukraine in January 2020 against December 2019, while rising by 16.3% YoY, to UAH 10,727, or $437. Real wages in Ukraine in January increased by 12.7% MoM and by 12.5% YoY, the State Statistics Service reported. The average nominal rate of a full-time…

Ukraine: state budget deficit up in 2019

Finance Ministry increased the state budget deficit in 2019 to UAH 81 billion ($3.3 billion), whereas earlier this figure was UAH 78.05 billion ($3.1 billion). “The Law of Ukraine “On the State Budget of Ukraine for 2019″ defines the annual limit of the state budget deficit in the amount of UAH 91.1 billion ($3.7 billion).…