The Ministry of Economic Development, Trade and Agriculture of Ukraine is monitoring the situation with the coronavirus outbreak in the world and its impact on the global economy, but does not yet see any negative consequences for the Ukrainian economy, Minister of Economic Development, Trade and Agriculture of Ukraine Tymofiy Mylovanov has said. “We are…
19,137 foreign nationals are working in Kazakhstan to date, according to the Ministry of Labor and Social Protection, Kazinform reports. 753 of them (4%) are the first category workers (senior executives and their deputies); 4,363 (23%) are working as second category employees (heads of structural divisions); 9,613 (50%) are the third category employees (specialists); 1,749…
Ukraine’s largest state-owned PrivatBank said Ukrainians in 2019 received $1.16 billion from abroad via money remittance systems through the banks’ services. In particular, major money transfers to Ukraine via PrivatBank arrived from the United States ($194 million), Israel ($169 million), Italy ($107 million), Russia ($97 million) and Poland ($73 million), the bank’s press service reported.…
Ukrainian Minister for Development of Economy, Trade and Agriculture Tymofiy Mylovanov believes that in the current conditions the National Bank of Ukraine (NBU) has every reason to reduce its key policy rate to 7% before the middle of 2020, rather than at the end of the year the regulator projected earlier. “According to the National…
The exceptionally warm winter this year has had a negative effect on economic growth, says a senior economist from Swedbank. The fall in logging activity and energy generation, which the mild conditions have brought, have not been mitigated by any improvements in construction or agriculture, Liis Elmik, Swedbank senior economist, has said. “While predicting the…
$10 billion in direct investment in the Ukrainian villages by 2024 will contribute to the creation of high well-being standards and comfortable living conditions for rural residents. Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov said this at the meeting of the Verkhovna Rada Agrarian Committee during the presentation of the report on progress…
The average salary in Ukraine in 2019 was UAH 9,205, the State Property Fund reported on its Facebook page. “The average salary for 2019 is UAH 9,205.19,” the report reads. The State Property Fund approved the average wage for December 2019, which, according to the law of Ukraine on compulsory state pension insurance, was taken…