Information and Communications Minister Dauren Abayev described the Astana Hub work. “On November 6 the Head of State attended the presentation of the Astana Hub International Technology Park. Two acceleration programs carried out there helped select more than 20 startup projects with investments attracted up to KZT 49 million,” the minister said. According to him,…
The trade turnover between Azerbaijan and Serbia has grown by 33% this year, Economy Ministry reported. The ministry was commenting on the fifth meeting of the Azerbaijan-Serbia intergovernmental commission on trade and economic cooperation. Prior to the meeting of the intergovernmental commission with the participation of delegations led by co-chairs of the commission – Azerbaijani…
In 2019-2020 Ukraine should pay off about $12 billion in foreign debt, including interest payments. “We do not have access to other funding channels without the IMF program, namely the funds from the European Union, the World Bank. Therefore, the proposal to sign a new program with the IMF is economically feasible,” Governor of the…
Nibulon (Mykolaiv), one of the largest grain traders in Ukraine, intends to build a port in the village of Oleksandrivka (Kherson region) in five years, the company said in a statement. “This port is a great prospect for the development of the entire Kherson region. This is an extremely difficult task and very large investments,…
The Baku-Tbilisi-Kars (BTK) railway not only strengthens economies of the countries in the region by boosting their transit potential, but also plays a role of a guarantor of stability and security in the region. The time launch of Baku-Tbilisi-Kars railway passenger trains has become known. Azerbaijan Railways Closed Joint Stock Company reported that the organization…
The socially vulnerable population of Georgia and people with disabilities will soon be able to buy more medicines at a symbolic or halved price starting next year, with medicines for epilepsy and Parkinson’s being added to the list. The medicines on the list are for chronic and cardiovascular diseases. “I am happy to say that…
Armenia’s macroeconomic performance has been satisfactory, and the financial system has been stable in 2018, the Executive Board of the International Monetary Fund (IMF) said in its Financial System Stability Assessment (FSSA) of the country. Armenia’s financial system has expanded further since the 2012 Financial Sector Assessment Program (FSAP). According to the IMF, Armenia’s banking…