The international ratings agency Fitch Ratings expects that the Azerbaijani economy will grow by 0.2% in 2017, says the agency’s report on Azerbaijan that was made public at the sixth annual meeting in Baku on March 16. It should be noted that the country’s GDP decreased by 3.8% in 2016. Meanwhile, experts forecast the resumption…
Since the beginning of 2016/2017 MY, Ukraine has exported 30.83 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, wheat exports totaled 13,97 million tons, barley – more than 4.7 million tons, and corn – 11.91 million tons. Flour export reached 267.8 thousand tons, including 266.7 thousand tons…
Residents of villages in the upper Vanj valley of the Gorno Badakhshan Autonomous Region (GBAO) have begun receiving electricity. Abdullo Amonbekov, a spokesman for Pamir Energy Company, says the small hydroelectric power plant “Tekharv” with capacity of 400 kW, located in the Vanj district, has begun generating electricity after major repairs. “This has allowed us…
Two troubled commercial banks – Tajprombank (Tajik Joint-Stock Commercial Industrial Bank for Reconstruction and Development) and Fononbank – have begun paying out savings to their customers. The banks began to pay out savings starting from March 16, according to the Deposit Insurance Fund, which insures savings deposits of physical entities. The Dushanbe Economic Court launched…
The Bishkek mayor’s office plans to raise the salaries of local government employees, Vice Mayor Ernis Zarlykov declared at the regular session of the City Council on March 16. According to him, the mayor ordered to analyze the general policy of payment to workers of local self-government. “Today, sweepers, librarians and others receive a small…
SFGCU PJSC exported almost 1.5 million tons of grain and oilseed crops during 8 months of the current season, the press-service of the company informed on March 15. The export was carried out despite lack of grain hoppers at the level of 45% of need. Plan for March is fulfilled at 86%, more than 180…
“The Russian-Kyrgyz Development Fund has become an elite business fund,” Bakyt Torobayev, leader of Onuguu Progress faction, said at a meeting of Parliament on March 16. According to him, now the fund works for the interests of certain persons. Initially, it was created in order to adapt the economy of Kyrgyzstan to the norms of…