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Economy Ministry Estimating GDP Drop At 2 6% In January

Economy Ministry Estimating GDP Drop At 2.6% In January Даша Зубкова The Ministry of the Development of Economy, Trade and Agriculture estimates the drop in Ukraine s GDP in January at 2.6%. This is stated in the materials of the ministry, Ukrainian News Agency reports. It is noted that the regular restrictions on the January lockdown (from January 8 to January 24, inclusive) caused a certain attenuation of the production activity of most economic entities, strengthening the pessimistic sentiments of business. The reduction in the composite index of production of goods and services by main types of economic activity in January amounted to 4% (in January 2020 - a drop of 2.5%).

Energoatom And Ukrhydroenergo Transferred To Cabinet s Management

Energoatom And Ukrhydroenergo Transferred To Cabinet’s Management Даша Зубкова The Energoatom national nuclear energy generating company and the Ukrhydroenergo state energy generating company were transferred to the management of the Cabinet of Ministers. This is indicated in the statement of Prime Minister Denys Shmyhal in his Telegram channel, Ukrainian News Agency reports. On behalf of the President of Ukraine, the management of Energoatom, Ukrhydroenergo, the Nyzhniodnistrovska hydroelectric power plant (HPP) and three combined heat and power plants (CHPPs) is transferred directly to the Cabinet of Ministers, Shmyhal wrote. He stressed that this decision concerns the implementation of the Third Energy Package of the European Union in terms of delimiting transmission system operators, producers and suppliers of electricity.

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