The National Bank of Ukraine (NBU) bought $90 million on the interbank forex market from October 21 to October 25. This is three times more than during the previous week, the NBU said on its website. The NBU said it did not sell foreign currency last week. As a result of the recent purchases, the…
The Belarusian government will keep tab on buckwheat prices in order to avoid dramatic rises, Belarus Deputy Prime Minister Vladimir Dvornik announced after he had delivered a report on completing this year’s harvesting campaign and on fulfilling the instructions to increase and diversify the export to the head of state. “Buckwheat prices are an issue…
Tbilisi International Airport will see improvements to its infrastructure and service following an inspection by the Georgian Minister of Economy and setting of deadlines for the work. Landing and departure terminals of the airport, slots of airline tickets, registration slots and also shops and cafes in the building were inspected by Natia Turnava, with issues…
Ukraine International optimizes the hub at Boryspil International airport with due regard to such factors as demand fluctuations, connecting traffic dynamics, Ukraine’s economic forecast, and the inability to use the Russian airspace. Flight program is being axed due to the need to optimize the airline’s costs and bring it back to the profit zone. The…
Ukrainian Prime Minister Oleksiy Honcharuk says the Cabinet of Ministers has set a goal for Ukraine to get within the next three years into the top-10 of the Doing Business international ranking. “This is a very low spot (64th) for Ukraine. Our state has enormous potential and can even be in the top-10. This is…
Azerbaijan and the UN Conference on Trade and Development (UNCTAD), key body of the UN General Assembly on trade and development issues, have inked an action plan for the procurement and implementation of the Debt Management and Financial Analysis System (DMFAS) program. The action plan was signed by Samir Sharifov, Azerbaijan’s Finance Minister, and Mukhisa…
The MS Silja Symphony, a Tallink ferry operating the Helsinki-Stockholm route, was stranded dockside in Stockholm following a breakdown on October 27. The Silja Symphony was scheduled to depart for Helsinki at 4:45 p.m. local time, but its departure was delayed, and then canceled altogether by 9 p.m. The ship was carrying 2,100 passengers, who…
The new solar power plant is being built near Zhezkazgan town. 5,200 out of 29,300 solar panels have already been installed. The opening of the 10 MW-solar power plant is set for December 22. 10 new workplaces will be created as soon as it is put on stream. Currently the region numbers three solar plants…
Natural gas stocks in Ukraine’s underground storage facilities (USFs) have increased 2.5-fold, to 21.683 billion cubic meters since April 5, when Ukraine started the season of pumping natural gas into storages. As of October 26 gas reserves in the country’s USFs were up by 27% YoY. The USFs are now filled by 70%, according to…
According to conservative estimates, the gambling revenues in Ukraine may reach UAH 5-9 billion. “According to our conservative estimates, gambling revenues of UAH 5-9 billion are a resource that can be fully mobilized if everything works out,” Finance Minister of Ukraine Oksana Markarova said. At the same time, she noted that the bill on gambling…