Ukrainian banks’ debts to the National Bank of Ukraine (NBU) related to refinancing loans reduced by 3.9% in April, to UAH 66.622 billion, or $2.52 billion. Refinancing-related debts owed by banks to the regulator shrank by 10.9%, or by UAH 8.157 billion ($308 million) in January through April, the NBU reported on its website. The…
China is a promising market for Belarusian ice cream. Prime Minister of Belarus Andrei Kobyakov made the statement as he was made familiar with the progress of SOOO Morozproduct’s retooling campaign in Pukhovichi district, Minsk region on May 12. According to the Belarusian head of government, Morozproduct is a successfully operating enterprise that has been…
Compared to the corresponding period of 2016, construction output in Latvia increased by 8.4% in Q1 2017. Construction production output at current prices amounted to 222 million euros. Construction output growth was recorded in all types of construction: 18.9% in construction of residential buildings, 7.2% in construction of non-residential buildings and 4.1% in construction of…
As of May 1 broad money supply in Belarus totaled Br33.843 billion, up by 2.1% MoM. Broad money supply includes cash in circulation and account deposits of individuals and legal entities, the official website of the National Bank of the Republic of Belarus declared. In April cash in circulation (monetary aggregate M0) increased by 7.2%,…
Tajikistan’s gold reserves reportedly increased by 2.3 tons in six months to May 1, reaching 14.6 tons. Tajikistan has climbed three places in World Gold Council rankings to become the 64th among top 100 countries with the largest gold reserves. According to April rankings of the World Gold Council, Tajikistan’s gold reserves reached 14.6 tons,…
Planes of Tajik air carriers tend to land at airports of neighboring countries for refueling. Passengers are indignant and refuse to travel on domestic airlines’ flights. Tajik Air and Somon Air bear losses but they can do nothing. In recent year, aviation fuel at Tajik airports has become the most expensive in the region. Tajikistan…
PrivatBank (Dnipro) has proposed repaying UAH 13.8 billion debt on refinancing to the National Bank of Ukraine (NBU), which will free ex-co-owner of the financial institution Ihor Kolomoisky from personal guarantees, NBU Head Valeriya Gontareva has said. “The bank wants to repay this refinancing to us, but then they will rid Kolomoisky of all the…