“We have record growth in exports in May – a 50.2% growth, which is the result of active work for export growth and diversification”, says Georgia’s Economy Minister Dimitry Kumsishvili. Kumsishvili talked about several factors, which led to the increase in exports last month. “First of all we should mention that the geography of those…
A total of 333 investment projects worth almost UAH 35 billion are currently being prepared and implemented in the Ukrainian agro-industrial complex. “The largest number of such projects (40) is being implemented in Cherkasy region. Thirty-nine projects are implemented in Poltava region, 36 – in Vinnytsia region and 36 – in Lviv region The cost…
The National Bank of Ukraine expects the country’s economic growth rate to reach 3-3.5% this year, Director of the NBU’s Financial Stability Department Vitaly Vavrishchuk said. “According to our forecasts, the GDP will grow by 3-3.5% in 2018. We would like these rates to be higher, especially given the significant decline in the production output…
Ukraine’s State Fiscal Service (SFS) reimbursed UAH 54.8 billion worth of value added tax (VAT) in January-May, according to a report on the SFS official page on Facebook. “In January-May UAH 54.8 billion worth of VAT was reimbursed to taxpayers, up by 14.4% or by UAH 6.9 billion YoY. UAH 47.9 billion worth of VAT…
The positive dynamics of Ukrainian exports growth is largely triggered by the attraction of foreign investment in the production located in Ukraine. “Attraction of investments in Ukrainian production is one of the factors in growing exports as the investors, apart from establishing production and putting money in modernization of enterprises, also attract their distribution networks,…
According to the preliminary data, Belarus’ gold and foreign exchange reserves totaled $6.94 billion as of June 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ international reserve assets made up $6.939 billion as of June 1. In May the country’s…
Revenues of local budgets in January-May compared with the same period last year grew by 24.1%, or by UAH 17.391 billion, to UAH 89.7 billion. Over the period, the government has carried out interbudgetary transfers to local budgets worth UAH 142.076 billion, which was 95.3% of the allotted appropriations, as reported on the website of…