In 2018, the proceeds from the tourism industry into the state budget of Ukraine increased by 250%, to UAH 4.2 billion. “The local authorities have significantly increased spending on tourism development owing to the decentralization reform. Kyiv had only UAH 300,000 in 2014, and today it has more than UAH 12 million; Odesa had 0,…
Registered unemployment in Estonia remained unchanged YoY in March. The total figure for registered unemployed was 33,3976 at the end of March, the same as the end of March 2018, and a 0.1% drop on the previous month. The figure constitutes 5.1% of the workforce aged 16 to retirement age, the Unemployment Insurance Fund (Tootukassa)…
The Finance Ministry aims to reduce the national debt to 50.5% of GDP by the end of 2019, and to 41.4% of GDP within the next three years, according to Finance Minister Oksana Markarova. “In the updated medium term state debt management strategy for three years, which Finance Ministry presented at the previous meeting of…
Investments from 32 countries were attracted in the economy of Volyn region in 2018, the press service of the Volyn Regional State Administration reported. “32 countries invested in the economy of Volyn region in 2018. The main ones were Poland, Austria, Germany, Sweden, Slovakia and Cyprus, with direct investments totaling 92.1% of the overall amount,”…
According to the information released by Statistics Estonia on April 9, Estonian exports of goods increased by 4% and imports by 5% YoY in February, with exports being boosted by wood, articles of wood and prefabricated wood buildings. In February, exports from Estonia amounted to EUR 1.16 billion and imports to EUR 1.26 billion at…
Ukraine’s State Fiscal Service (SFS) reimbursed UAH 45.4 billion worth of value added tax (VAT) in January-March, the SFS press service reported. “Compared to the relevant period of last year, the amount of compensation grew by 34.8%, or by UAH 11.7 billion. UAH 38 billion worth of VAT was returned to taxpayers in January-March 2018,”…
Ukraine-Turkey trade turnover increased by 28% YoY in January-February. Last year, Turkey was 6th largest importer of Ukrainian agri-food products. “In 2018, the trade turnover between the countries decreased by 3.9% YoY. However, in the first two months of this year, it totaled $356.6 million and grew by 28% due to an increase in exports…