Ukraine: WB predicts inflation in 2018

The World Bank predicts that inflation in Ukraine in 2018 may reach 10%, as inflation risks remain quite significant, World Bank Economist for Ukraine Anastasia Golovach said at a press conference. “Inflation reached almost 14% in 2017. Inflation risks remain significant, and we expect inflation to reach 10% in 2018,” Golovach said. According to her,…

Tajikistan: flour imports down in Q1 2018

Tajikistan is gradually reducing the import of flour, and increasing the import of wheat, which is subsequently processed by the republic itself, according to the Ministry of Economic Development and Trade. In the first quarter of this year flour imports decreased by 8,000 tons in comparison with the indicators of 2017, while the import of…

Latvia: throughput of port Riga down in Q1 2018

In January-March the Freeport of Riga handled 8,223,200 tons of cargo, down by 11.6% YoY. Coal transshipment fell by 8.8%, to 3,189,600 tons. Transshipment of oil products dropped by 43.3%, to 1,052,100 tons, wood pellets – by 3.5%, to 214,100 tons, while transshipment of ore surged almost 2-fold, to 99,800 tons. The port’s container throughput…

Ukraine: reforms to significantly improve investment climate

Ukraine is resolutely carrying out reforms so that to significantly improve the investment climate, President Petro Poroshenko stated in an interview with the German business newspaper Handelsblatt, the president’s press service reports. “We are resolutely implementing reforms to improve the investment climate significantly. The evaluation of the World Bank can be more trustworthy than the…