Moldova: agreement with IMF to increase investments

If signed, an agreement with the International Monetary Fund (IMF) will increase investment in Moldova. That’s according to the Governor of the National Bank of Moldova (NBM), Sergiu Cioclea. According to him, as soon as Moldova signs an agreement with the IMF, funding and grants from various international organizations and private investors will come in…

Uzbekistan: unemployment rate totaling 5.1%

The number of employed in the economy of Uzbekistan in January-September amounted to 13289,3 thousand, having increased by 1.8% YoY. The number of people employed in the public sector amounted to 18.1% of total employment (in 2015 – 18.3%), in the private sector – 81.9% (81.7%), according to the State Statistics Committee. The share of…

Ukraine to borrow $9 billion on foreign market

Ukraine seeks to borrow $9 billion on the foreign market in 2017, Ukrainian Finance Minister Oleksandr Danyliuk has said. He said that the Finance Ministry sought to issue the fourth tranche of U.S. secured $1 billion eurobonds, raise $5.3 billion in cooperation with the International Monetary Fund (IMF) and enter the international loan market. Ukraine…

Ukraine: agriculture contributing 12% to GDP

Agriculture contributes 12% to Ukraine’s GDP and every fifth Ukrainian is working in this area. This has been reported by NGO AgroReformsUA, which aims to implement effective reforms in the agrarian sector of Ukraine. “In 2015, the share of agricultural products in the foreign trade of Ukraine reached 38%. This means that the sale of…