Prime Minister Saulius Skvernelis expects laws on the continuing tax reform to be passed by the parliament by July and to take effect in early 2019. According to Skvernelis, the reform will include an overhaul of second-pillar pension systems and amendments aimed at reducing the tax burden “both on labor and the overall (tax burden),…
Wheat crops take up more than 700,000 hectares of agricultural areas in Turkmenistan. Vegetation watering was carried out. Additional mineral fertilizing of soil will be done closer to spring. Seeds of high-yield wheat were being used during the sowing. Measures to protect winter crops against pests and diseases are being taken. About 1 million tons…
Ukraine imports 80% of the consumed fish, according to First Deputy Agrarian Policy Minister Maksym Martyniuk. He stated that Ukraine had huge potential for import substitution. “We need to develop the production of aquaculture: once the fish is produced in Ukraine and sold for the Ukrainian hryvnia, then poachers, who now receive fish for free…
PrivatBank has started an internal investigation into the leakage of bank secrecy, the bank has said in a press release. “We want an understanding of the need to conduct this complicated work in the bank and avoid public manipulation using unreliable information regarding the investigation process, both in statements by politicians and public figures with…
Slutsk Yeast Plant plans to reach the full capacity in 2019, Chairman of Belgospishcheprom Concern Alexander Zabello reported to Belarus President Alexander Lukashenko. “We launched the plant on June 29, 2017. It started operating in August 2017. Yes, the level of utilization is not high at the first stage: about 23% of the designed capacity.…
2,300 rail cars of a new modification are going to be released in Pavlodar region in 2018, governor Bulat Bakauov informed. “Last year due to support of the government Kazakhstan’s Wagon-Building Company, which had been idle for two years, resumed production. As a result we increased growth of machine engineering industry 1.2-fold. This year we…
Azerbaijan’s GDP volume reached around 6.05 billion manats in January 2018, up by 2% YoY, according to a report of the State Statistics Committee. The volume of GDP per capita stood at 618.5 manats. In January the volume of GDP produced in the non-oil sector of the country increased by 3.9%, while a decline of…