In May the average nominal salary amounted to UAH 10,239, which was 2.5 times higher than the minimum wage, according to the Ministry of Economic Development and Trade. “The salary grew by almost 17.4% YoY,” the ministry wrote on its Facebook page. The ministry also noted that the highest average monthly salaries were recorded in…
On June 25-27 a delegation of the Ukrainian League of Industrialists and Entrepreneurs (ULIE) headed by Mykhailo Lukashev made a working visit to Qatar. According to the press service of the Embassy of Ukraine in Qatar, a number of opportunities and proposals of Ukrainian companies in construction, metallurgy, IT and agriculture sectors was presented to…
The volume of public and publicly guaranteed debt of Ukraine in May decreased in dollar terms by $1.44 billion, or by 1.8%, to $78.4 billion, the Ministry of Finance reports. In the hryvnia equivalent, public debt for the said period was down by UAH 18.36 billion, or by 0.9%, to UAH 2.106 trillion. According to…
The International Monetary Fund (IMF) forecasts GDP growth in Azerbaijan at the level of 2.7% in 2019, and in the following years – from 2.1% to 2.5%. The economy of Azerbaijan is gradually recovering from the experienced shocks, said Natalia Tamirisa, head of the IMF mission in Azerbaijan, at a press conference in Baku on…
The highest proportion of tax debtors in Latvia is found in furniture manufacture and public catering sectors, according to a study performed by Lursoft. The study reveals that the total size of tax debts of companies reaches EUR 611.75 million and more than 39,000 are found among tax debtors in the country. This means one-fifth…
The volume of Ukraine’s industrial production grew by 1.6% in May compared with the relevant month last year, the Economic Development and Trade Ministry wrote on Facebook. “The Ukrainian industry continues to grow steadily! Thus, in May the volume of industrial production increased by 1.6% compared to the relevant period last year. The following industrial…
Lithuania’s government in principle backed plans to make intermediaries declare cars’ sale-purchase agreements as early as next year and to also introduce centralized systems of car owners and marketplaces. The government-approved document sets the goal to reduce shadow economy in the construction sector as well as in the areas of sale of cars and their…