The initiative of Ukrzaliznytsia to increase the cargo transportation tariffs by rail in 2017 by 25% is unreasonable now, the tariffs should be increased no earlier than summer and the percentage by which they will be increased should be set much lower, the head of the Verkhovna Rada committee on industrial policy and entrepreneurship Viktor…
National Nuclear Generating Company Energoatom and General Electric Hitachi, Global Nuclear Fuel will study the prospects of cooperation, the press service of the Ukrainian company has reported. “Energoatom President Yuriy Nedashkovsky, Vice President of General Electric Hitachi in Europe David Powell and Global Nuclear Fuel CEO Amir Vexler held a meeting. At the meeting representatives…
Ukrainian Prime Minister Volodymyr Groysman stated that 2016 was the year of economic recovery, and industry, construction sector, and agriculture showed the best growth rates. “I would like to emphasize that 2016 marked the resumption of growth of Ukrainian economy. We observed progress in all the economy sectors,” Groysman said. He noted that industry, construction…
Ukraine has not been purchasing gas from the Russian Federation for 440 days already, Ukrainian Prime Minister Volodymyr Groysman said at a Cabinet’s meeting. “We have been living without Russian gas for 440 days already. This is a matter of our energy independence,” Groysman said. (Ukrinform/Business World Magazine)
Aivar Baikenov, the Head of Asset Management Divisionof Kazkom Securities commented on the situation with the exchange rate of Kazakhstani tenge. “Tenge strengthening, in our opinion, is only temporary. It was caused by two factors. The first is a favorable and stable situation on the oil market, where we see, in fact, minimal fluctuations in…
Last month Tajikistan’s inflation stood at 0.6%, down by 0.8% YoY, according to the National Bank of Tajikistan. The government reportedly expects the year-end inflation for this year to stand at 7%. The year-end inflation for 2016 stood at 6.1%, down by 0.9% from the forecast. Tajik central bank notes that an average monthly inflation…
In January, despite the interventions of the National Bank, international reserves of Kyrgyzstan increased by 14 million soms. The data was presented by the National Bank of Kyrgyzstan. At the end of January the volume of reserves formed in the amount of $1,983.07 billion. At the same time, the National Bank held two interventions. It…