According to information released by Statistics Estonia, GDP grew by 4.5% YoY in the first quarter of 2019. The seasonally and working day adjusted GDP grew by 0.5% compared with the previous quarter and by 4.6% compared with the first quarter of 2018. Economic growth was driven by manufacturing. The last time that manufacturing had…
At least 24.5 kilometers of roads have been asphalted in Kyrgyzstan since the beginning of the construction season in 2019, the Ministry of Transport and Roads reported. According to the ministry, asphalt concrete pavement was laid on 10 kilometers of local roads at the expense of the budget. Frontier and priority roads, as well as…
Declaring default will stop Ukraine’s economic growth and trigger uncontrolled inflation. “Over the past week, many different statements have been made, including on declaring default. What does default mean? It means zeroing the incomes of Ukrainians, uncontrolled inflation, cessation of economic growth, unclear exchange rate of the national currency. I want to say: this is…