Business news from Ukraine

Business news from Ukraine

U.S. budget deficit grew 2.7 times in nine months to $1 trillion 392 billion

The U.S. state budget deficit in June amounted to $227.768 billion, which is 2.6 times higher than the figure for the same month last year ($88.842 billion), the country’s Treasury Department reported.

Budget revenues fell 9.2% to $418.317 billion.

Expenditures increased 17.6% to $646.085 billion.

For the first nine months of fiscal year 2023, which began Oct. 1, the U.S. budget deficit was $1 trillion 392.64 billion, down from $515.067 billion a year earlier.

The volume of revenues in the U.S. budget since the beginning of the current fiscal year decreased by 11% to $3.413 trillion, while expenditures increased by 10% to $4.805 trillion.

As previously reported, the negative balance of the U.S. state budget at the end of 2022 fiscal year halved and amounted to $1.375 trillion.

A record deficit of $3.1 trillion was recorded in the country at the end of fiscal year 2020. The last time the U.S. budget was in surplus was in 2001.

Read more about the situation in the economy of Ukraine and the world in the video on the YoTube channel Club of Experts:

Tajikistan’s GDP growth for first half of year amounted to 8.3%

Tajikistan’s gross domestic product (GDP) reached 54.2 billion somoni in the first six months of this year, and its real growth amounted to 8.3%.

Such data were given at the meeting on summarizing the results of the National Bank of Tajikistan (NBT) for the first half of this year, the NBT press department reported on Friday.

“During this period, the inflation rate amounted to 2.3%, which is 1.8% points lower than in the same period last year (…) The refinancing rate was revised based on the forecast of the impact of potential internal and external risks on the economy, taking into account that the inflation rate is at the lower level of the established target, and that inflation expectations of the population were reduced to 10.0% per annum,” the report said.

The current exchange rate is $1/10.89 somoni.

Read more about the situation in the economy of Ukraine and the world in the video on the YoTube channel Club of Experts:

Quotes of interbank currency market of Ukraine (UAH for €1, in 01.05.2023-31.05.2023)

Quotes of interbank currency market of Ukraine (UAH for €1, in 01.05.2023-31.05.2023)

Source: Open4Business.com.ua and experts.news

Quotes of interbank currency market of Ukraine (UAH for $1, in 01.05.2023-31.05.2023)

Quotes of interbank currency market of Ukraine (UAH for $1, in 01.05.2023-31.05.2023)

Source: Open4Business.com.ua and experts.news

Kharkiv subway has announced tender for insurance of train drivers

KP “Kharkiv subway” on July 13 announced a tender for insurance of train drivers against accidents during the service trip, reported in the system of electronic public procurement Prozorro.

The expected cost is UAH 29,682 thousand.

Documents for participation are accepted until July 21, 2023.

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European Investment Bank EU countries allocate more than EUR 400 mln for Ukraine’s restoration

The European Investment Bank (EIB) and the EU member states are allocating more than EUR 400 million for the restoration of Ukraine, Prime Minister of Ukraine Denys Shmyhal said on Thursday evening.

“The EIB and EU Member States are providing over EUR 400 million for the reconstruction of Ukraine. This will help fund the most urgent reconstruction projects for Ukrainians, including critical infrastructure. Grateful to the partners for the quick and timely assistance!” he said on Twitter.

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