According to the Statistics Committee at the Ministry of National Economy, in the first month of the 2017-2018 MY the production of vegetable oils in the country totaled 25.6 thousand tons, down by 4% YoY, but up by 7% compared with the average monthly value for September during five recent seasons. Thus, in September the…
The World Bank has in a fresh report forecast a 3.7% GDP growth for Armenia in 2017, 3.8% in 2018 and 4.0% in 2019. Under these circumstances, the poverty rate would decline further to 11% in 2019. In the current year, inflation is set to stand at 1% Growth and poverty reduction prospects over the…
The Polish Oil and Gas Company (PGNiG) plans to sell 800 million cubic meters of gas to Ukraine in 2017. Furthermore, the company plans to increase supplies to Ukraine in the near future, Maciej Wozniak, Vice Chairman of the PGNiG Management Board for Trade, declared during the Polish-Ukrainian Gas Forum in Wroclaw. “I hope that…
The volume of trade turnover between Ukraine and Korea is expected to reach over $800 million this year and $1 billion next year, Ambassador of the Republic of Korea to Ukraine Mr. Lee Yang-goo stated at a press conference on October 19. “In the first half of the year, the trade turnover between Ukraine and…
Compared to a year ago, the number of passengers traveling through Tartu Airport has decreased by 15%, most likely because of the late departures. While a year ago the news was good and passenger numbers headed towards 3,000 a month, this year’s results don’t look as promising. Just over 2,400 people flew out of Tartu…
Ashgabat city hosted a working interdepartmental meeting timed to the International Day for the Preservation of the Ozone Layer and the 30th anniversary of the Montreal Protocol on Substances that Deplete the Ozone Layer. The event was organized by the Ozone Center under the State Committee for Environmental Protection and Land Resources of Turkmenistan. Over…
The 2018 state budget bill passed the first reading in the Riigikogu despite sharp criticism by the opposition. The deadline for amendment proposals was set for November 1. “This budget supports the growth of our economy, security, and the well-being of our families in such a way that it is close to balanced, the tax…