Ukraine’s state budget did not receive UAH 45 billion in planned revenues to the general fund in the first quarter of 2020, including UAH 27 billion as customs and tax payments, Chairman of the Accounting Chamber Valeriy Patskan said on Facebook. “In January-March, the budget did not receive 14% of planned revenues to the general…
Ukraine’s economy could contract by 6-7% in 2020, Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub has said. “Based on the data on the decline in the first quarter, industrial production and transport in April, I think the decline may be more severe than expected. Accordingly, if we transfer the dynamics to…
As of May 15, the annual inflation rate reached 7.5% after rising to 8.6% in April, the Chairman of the National Bank of Kyrgyzstan Tolkunbek Abdygulov reported. According to forecasts of the National Bank, inflationary processes will slow down in the second half of the year. It is planned that the National Bank will work…
Economic activity in Armenia shrank by 17.2% YoY in April, data from the National Statistical Service revealed. Economic activity has contracted as a result of a lockdown imposed in mid-March in a bid to curb the Covid-19 outbreak. Though the state of emergency has been extended, most restrictions have been removed. In the reporting period,…
Services worth UAH 227 billion were sold in Ukraine in January-March, down by 1.7% YoY, according to the State Statistics Service. “In the first quarter of 2020, the volume of services provided by enterprises in the field of consumer services amounted to UAH 227 billion, or 98.3% of the volume provided in the relevant quarter…
State Employment Service said the number of unemployed in Ukraine grew by 64% YoY as of May 20, to 501,000 people. At the same time, the number of vacancies is 51,000. This is almost 55% fewer than last year, the report said. The average wage for existing vacancies is UAH 7,000 ($262). Today there is…
In April actual unemployment rate comprised 9.2%, up by 1.3% MoM. Unemployment rate registered by the State Employment Agency (NVA) accounted for 8% and, compared to March, it had risen by 1.2%. Unemployment rate increase may be observed also when comparing the data to the April of the previous year – of 2.7% in actual…