State institutions have to perform specific functions to secure payment of taxes in the interest of all residents. Without a doubt, every person working in state administration should promote awareness of residents on the importance of paying taxes. However, according to international practices, there are other creative tools to motivate people to participate voluntarily, explains…
The price of tickets for train No. 67/68 Kyiv-Warsaw-Kyiv from September 3 by agreement between Ukrainian and Polish railways will be reduced. According to the press service of PJSC Ukrzaliznytsia, starting from September 3 the cost of travel from Kyiv to Warsaw will be UAH 1,340, while the current ticket price is UAH 2,441. Train…
A total of EUR 80 million will be available in Latvia’s budget for 2018, as confirmed by Finance Minister Dana Reizniece-Ozola after the government’s extraordinary meeting. On August 29, the Cabinet of Ministers discussed requests of different ministries for priorities. Previously, the total value of priorities submitted by ministries was estimated at EUR 600 million.…
In July Kyrgyzstan’s gross international reserves increased by $32.65 million, according to the National Bank. As of the end of July, reserves amounted to $2 billion 61.7 million. This is the highest rate since October 2016. It should be noted that the National Bank spends international reserves on smoothing the sharp fluctuations of the national…
Assets of Azerbaijan’s AtaBank OJSC have increased by 30%, to 609.9 million manats since the beginning of 2017, said Chairman of the bank’s Executive Board Dayanat Guliyev. He made the remarks at the signing ceremony of a partnership agreement with the Chinese UnionPay in Baku. “AtaBank is one of the country’s leading banks in terms…
Antonov state enterprise (Kyiv) in January-June saw net profit under Ukrainian accounting standards fall by 66.59% compared to the same period in 2016, to UAH 22.79 million. According to the financial report on the website of the enterprise, its net income in the first half of the year increased by 37.7%, to UAH 2.223 billion.…
According to preliminary information of market participants, 815 KMT of barley was exported from Ukraine in the first month of the 2017-2018 season, down by 19.4% YoY. Traditionally, the key end market for Ukrainian barley is Saudi Arabia, which purchased some 300 KMT in July. China also actively imported barley from Ukraine. 176 KMT of…