Market participants are closely watching winter crop condition is Ukraine. Late planting, a substantial temperature drop in November preceded by drought have added to the risk of crop loss while wintering. The first forecasts have appeared, suggesting that over 15% of winter crops will be reseeded in spring. This is a rather pessimistic scenario, as…
Kazakh National Bank will issue a commemorative banknote with Kazakh President Nursultan Nazarbayev, said the message from the bank. The 10,000-tenge banknote will be issued by the Day of the First President on December 1. “The history of Kazakhstan’s Independence is inextricably linked with the personality of the head of state”, National Bank’s head Daniyar…
Inflation in Kazakhstan will remain within the target range of 6-8% in 2017 and will begin to smoothly enter into the corridor of 5-7% in 2018 on the baseline scenario, Kazakh Economy ministry says in its forecast. The baseline scenario envisages Brent oil price at $40 per barrel. “Inflation will slow down as a result…
In January-September the foreign trade deficit in goods in Ukraine totaled $1.761 billion against $710.2 million of the proficit in the same period last year, the State Statistics Service of Ukraine reported. In particular, in January-September the exports of commodities from Ukraine totaled $25.875 billion, down by 8.7% YoY. The import volumes of goods to…
Development of the exports of niche products, grains and oilseeds by-products from Ukraine is a priority for the Ministry of Agrarian Policy and Food, the Deputy Minister of Agrarian Policy and Food of Ukraine for European Integration Olga Trofimtseva declared. According to her, small- and medium-scale farmers are the main players on the reporting market…
National Nuclear Generating Company Energoatom is preparing to export electricity to Belarus, Energoatom President Yuriy Nedashkovsky said. “We are working on exports of electricity to Belarus. This is a framework agreement. It was approved by Belarus and Ukraine. I signed it. Of course, Ukrenergo, Energomarket and the whole range of participants are to sign it”,…
Kazakhstan Garysh Sapary National Company announced it had invited investors for the construction of the 2nd stage of the National Space Center. The guests and citizens of the Kazakh capital walking or driving along the Turan Avenue towards the Astana Airport or back could have already noticed an unusual orange-blue building of the National Space…