In January-October revenues from tourism fees grew almost 3-fold in Donetsk region compared with the relevant period last year, to UAH 2.3 million, the Main Department of the State Fiscal Service in Donetsk region reported. The department noted that the largest shares of revenues from tourism fees were transferred to the local budgets of resort…
The Ministry of Economic Development, Trade and Agriculture has predicted that inflation will be at the level of 5.5% in Ukraine in 2020, Minister of Economic Development Tymofiy Mylovanov wrote on Facebook. “According to the ministry’s baseline forecast (scenario one), inflation forecast (consumer price index) for the next 3 years will be the following: 5.5%…
The Ministry of Economic Development, Trade and Agriculture has projected in its macroeconomic forecast that the average salary in Ukraine will grow to UAH 12,500 in 2020, Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov wrote on Facebook. “According to the macroeconomic forecast of the Economic Development Ministry, such average salaries are projected for…
The central bank may lower its inflation target to 4% per annum in the next five-year term, Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur declared on November 6. “We freely admit that we can set 4% as the target rate of inflation in the next five-year…
As part of his visit to Switzerland, Head of the Department of Foreign Policy Affairs of the Azerbaijani Presidential Administration Hikmet Hajiyev has met with Head of the European and Eurasian offices of the World Economic Forum (WEF), member of the WEF Executive Committee Martina Larkin. During the meeting, Hajiyev described WEF as an important…
Ukrainians in October bought $1.505 billion in cash via the banking system, which was $91.5 million up on the amount of foreign currency they sold. The excess was reported after in September forex cash sales were higher than purchases, the National Bank of Ukraine said on its website. In 10 months forex sales by households…
The decision by the National Bank of Ukraine (NBU) on reducing the key policy rate by 1%, to 15.5%, is based on the main assumption of an updated macroeconomic outlook for successful cooperation with the International Monetary Fund (IMF), the press service of the central bank reported this with a reference to the summary of…