Ukraine is resolutely carrying out reforms so that to significantly improve the investment climate, President Petro Poroshenko stated in an interview with the German business newspaper Handelsblatt, the president’s press service reports. “We are resolutely implementing reforms to improve the investment climate significantly. The evaluation of the World Bank can be more trustworthy than the…
Belarus’ gold and foreign exchange reserves totaled $6.99 billion as of April 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ gold and foreign exchange reserves totaled $6.994 billion (in equivalent) as of April 1. In March the country’s gold and…
Ukrainian President Petro Poroshenko says local budgets within the decentralization reform accounted for more than 50% of the country’s consolidated budget. “For the first time in the history of Ukraine, if we take transfers to local budgets, more than 50% of the consolidated budget is local budgets,” he said at a meeting on decentralization in…
Despite the absence of interventions, Kyrgyzstan’s gross international reserves are decreasing, the National Bank reported. Following the results of March, Kyrgyzstan’s reserves amounted to $2,118.65 billion. Over the month, they reduced by $3.61 million. But since the beginning of the year the figure has increased by $32.19 million. The National Bank uses international reserves to…
The Office of Reforms at the Cabinet of Ministers of Ukraine together with the Finance Ministry, the Economic Development and Trade Ministry and the State Property Fund drafted a large-scale privatization plan that would be submitted to the government for consideration in the near future. The project was agreed on at the second meeting of…
The European Bank for Reconstruction and Development (EBRD) plans in 2018 to sign about 30 agreements of cooperation with Ukrainian companies, including three or four in the field of transport and logistics, EBRD Director for Ukraine Sevki Acuner said during a press conference on signing the agreement between the EBRD and Ukrainian private postal delivery…
Wage arrears in Ukraine amounted to UAH 2.456 billion as of March 1, down by UAH 79.4 million compared to February 1, according to the State Statistics Service of Ukraine. More than a third of this sum are wage arrears in Donetsk and Luhansk regions – UAH 487 million and UAH 511 million respectively. Among…