The Ukrainian Institute for the Future at the request of the Ministry of Economic Development and Trade of Ukraine has prepared proposals for the priority action plan for industrial development in Ukraine based on the analysis of the state of the six key industries (mining, metallurgical, chemical and petrochemical, food industry, electric power engineering, machine…
The law on the electricity market came into force on June 11 after its official publication in the Uriadovy Kurier newspaper. As reported, Ukrainian president Petro Poroshenko signed the law on the electricity market on June 8. Rada adopted draft law No. 4493 on the electricity market of Ukraine at first reading on September 22,…
Average wages in Ukraine are expected to increase by 38%, to UAH 7,100, by the beginning of 2018, the press service of the Social Policy Ministry of Ukraine has reported. “The wage reform also provides for the revision of wage setting with a view to gradually raising real wages and eliminating wage arrears,” Minister of…
Mogilev region and France are expected to make a focus on the development of economic and interregional cooperation. The intention was voiced at the meeting between France’s Ambassador to Belarus Didier Canesse and Mogilev region governor Vladimir Domanevsky. According to the diplomat, it is his first visit to Mogilev region to get familiar with the…
Core inflation in Ukraine in May accelerated to 6.5% in annual terms – compared to May 2016 – against 6.3% in April from April 2016, according to Ukrainian State Statistics Service’s website. In May core inflation slowed to 0.3% compared to April against 0.6% in April from March, the State Statistics Service said. At the…
Compared to May 2016, the average level of consumer prices increased by 2.8% in May 2017. Prices of goods grew by 2.6% and prices of services by 3.6%. Compared to May 2016, the greatest pressure on the price changes was put by the rise in prices of food and non-alcoholic beverages, goods and services related…
President of Turkmenistan Gurbanguly Berdymukhamedov, noting that the system of benefits in the country has become completely ineffective, instructed to prepare proposals for cancellation of all benefits. Berdymukhamedov was addressing a meeting with the leadership of the Turkmen banking and financial sectors. “Benefits should be provided not to anybody, but only to those who really…