Design, IT, advertising, marketing and PR saw the largest growth in the declared income in 2020 among creative industries, according to the Ministry of Culture and Information Policy.
“The Ministry of Culture and Information Policy of Ukraine, together with the team of Kyiv School of Economics and with the support of the USAID Competitive Economy Program in Ukraine, prepared a study on the volume of tax revenues to the consolidated budget of Ukraine and the payment of a single contribution by business entities in the field of creative industries in 2019 and 2020,” the ministry’s press service said.
It is noted that in 2020 the declared income fell more compared to the previous year in the performance sector (less by 17%), audiovisual sector (less by 8%), book publishing, libraries and museums (less by 3% each).
“The fall in VAT, which indicates a decrease in the volume of sales of goods and services, in some sectors reached 50% compared to 2019: theater and concert activities [less by 53%], film screenings [less by 45%], the operation of theater and concert halls and activities to support them [less by 42-43%], activities in the field of television broadcasting [less by 38%], and the functioning of museums [less by 35%],” the report said.
The following sectors showed the largest growth in the declared volume of income in 2020: design (more by 31%), IT (more by 26%), advertising, marketing, and PR (more by 5%).
“Despite the quarantine measures, registration of new businesses did not stop in 2020. Since the growth in tax revenues occurred faster than the growth in the number of business entities, this may indirectly indicate an increase in the tax burden,” the ministry said.
The retail trade turnover of Ukraine in April 2021 compared to the same month in 2020 in comparable prices increased 34.3%, while in March it grew by 13.1%, the State Statistics Service has reported.
According to the State Statistics Service, in April compared to March 2021, retail turnover decreased 6.5%.
In January-April 2021, compared to the same reporting period in 2020, retail trade turnover grew by 14%.
The largest growth in retail trade turnover of enterprises (legal entities and individual entrepreneurs) in the first four months of 2021 was recorded in Chernivtsi (by 26.9%), Ternopil (by 25.2%), Zakarpattia (by 22.1%), Kyiv (by 20.1%), Vinnytsia (19.5%), Lviv (16.7%), Khmelnytsky (16.2%), Ivano-Frankivsk (16%), Luhansk (15.9%), Chernihiv and Zhytomyr (15.2%) regions.
Ukraine has registered 1,334 new cases of COVID-19 and 68 related deaths in the past 24 hours, the Ukrainian Health Ministry press service said in a statement on Monday.
“Ukraine registered 1,334 new cases of COVID-19 as of May 24, 2021. In particular, the virus was contracted by 86 children and medical workers. Over the past day, 1,019 persons were hospitalized, 68 died, and 6,999 recovered,” the ministry said on Facebook.
Ukraine recorded 2,533 contagions on May 23, as against 4,606 on May 22.
Since the beginning of the pandemic, Ukraine has seen a total of 2,183,855 coronavirus cases, including 49,436 deaths and 1,957,560 recoveries.
The first projects with significant investments, which will receive state support through the “investment” mechanism, may be signed by the end of 2021, ex-Minister of Economy Ihor Petrashko said.
“After the adoption of by-laws, the Ministry of Economy will begin accepting applications … Companies will begin to prepare such projects only after the issuance of by-laws. Investors will need at least three to four months for this, so we expect the first projects by the end of 2021,” he said in an exclusive interview with the Interfax-Ukraine agency.
At the same time, according to Petrashko’s estimates, the by-law base to the law on “investment nannies” will be approved by the end of June.
The harvest of grains and oilseeds in the 2021/2020 marketing year may exceed 100 million tonnes, Minister of Agrarian Policy and Food Roman Leshchenko said on Monday.
“If the amount of precipitation is at the same level as we see in May, then there will be an increase in soybeans as well,” the minister told Interfax-Ukraine.
According to him, the timely implementation of the complex of spring field work by the farmers makes it possible to assess the volume of the harvest in the current season with “healthy optimism.”
“We have all the prerequisites for setting an absolute record this year – the harvest of grain and oilseeds [at the level of] 100 million tonnes,” he said at a press conference in Kyiv.
As reported, the Ukrainian Grain Association (UGA) estimated the growth of the potential harvest of grains and oilseeds in the 2021/2022 marketing year by 14.5% compared to 2020/21, to 96.25 million tonnes thanks to good wintering of winter crops and favorable weather conditions.
World crude steel production in April this year grew by 23.3% year-on-year, to 169.5 million tonnes, according to a press release from the World Steel Association (Worldsteel).
Based on the results of the work of metallurgical enterprises in April 2021, Ukraine increased steel production by 37.8% compared with April 2020, to 1.845 million tonnes, climbing from 13th to 14th place in the ranking of 64 countries – the world’s main producers of these products compiled by Worldsteel.
In April, an increase in steel production was recorded compared with April last year in all countries of the top ten.
The top ten steel-producing countries in April 2021 are as follows: China (97.850 million tonnes, a rise of 13.4% on April 2020), India (8.3 million tonnes, a rise of 152.1%), Japan (7.817 million tonnes, a rise of 18.9%), the United States (6.896 million tonnes, a rise of 43%), Russia (6.5 million tonnes, a rise of 15.1%), South Korea (5.860 million tonnes, a rise of 15.4%), Germany (3.361 million tonnes, a rise of 31.5%), Turkey (3.290 million tonnes, a rise of 46.6%), Brazil (3.073 million tonnes, a rise of 59.3%) and Iran (2.470 million tonnes, a rise of 6.4% ).
They are followed by Italy (2.056 million tonnes, a rise of 78.9%), Taiwan (China, 1.915 million tonnes, a rise of 9.1%), Vietnam (1.880 million tonnes, a rise of 77.4%), Ukraine (1.845 million tonnes, a rise of 37.8%) and Mexico (1.610 million tonnes, a rise of 21%).
In total, 64 countries produced 662.780 million tonnes of steel in January-April 2021, which is 13.7% more than in the same period last year.
