In 2017 exports of Ukrainian goods to Canada grew by 74.4% (or $21.5 million) and amounted to $50.4 million, the press service of the Economic Development and Trade Ministry wrote on Twitter. “Soon it will be two years since the Canada-Ukraine Free Trade Agreement was signed. In 2017 exports of Ukrainian goods to Canada rose…
The Lithuanian government backed the government’s proposal to raise excise tax rates for cigarettes and other tobacco products, including liquids used in e-cigarettes, and to subject nicotine free e-liquids to an excise duty starting next March. The Seimas approved the government’s three-year plan for increasing the excise duties by 6-14% in a vote of 100…
The living wage in Ukraine grew by UAH 77, to UAH 1,777 from July 1. This is envisaged in the Law of Ukraine on National Budget for 2018. “Set the living wage from January 1 at UAH 1,700 per person per month, from July 1 – at UAH 1,777, and from December 1 – at…
Arrears in wage payments across Ukraine as of June 1 increased by 3.5% YoY, amounting to UAH 2.561 billion ($95.46 million), the State Statistics Service reports. Arrears in wages to employees of economically active enterprises increased by 6.5%, to UAH 1.411 billion ($53.87 million). (UNIAN/Business World Magazine)
The International Monetary Fund (IMF) expects economic activity to remain strong in Georgia, supported by a favourable global environment and the firm implementation of program policies. The Executive Board of the IMF approved the completion of the second review of the three-year Extended Fund Facility (EFF) arrangement for Georgia on June 27. Following the Executive…
The surplus of Ukraine’s balance of payments in May was estimated at $266 million. As was the case last year, the country’s current account balance was close to zero, the National Bank of Ukraine said on its website. However, it did not share information about the balance of payments for the period from January to…
In May the overall government-guaranteed state debt of Ukraine decreased by $0.79 billion, to $76.26 billion, the Finance Ministry’s press service reports. According the ministry, the state debt in hryvnia equivalent over the reporting month declined by UAH 27.97 billion, to UAH 1.993 trillion. Earlier the National Bank reported it expected the state debt reduction…