Ukraine: National Bank registers new payment system

The National Bank of Ukraine (NBU) has registered a new domestic payment system, the central bank’s press service has reported. “The National Bank of Ukraine agreed the rules and registered the domestic payment system Lime Money,” the report says. The payment organization of the domestic payment system Lime Money is Smart Finexpert LLC (Mykolaiv). Lime…

Ukraine: exports to Canada up in Q1 2019

In the first quarter of 2019, exports of Ukrainian goods and services to Canada amounted to $41.9 million, up by 48.8% YoY, the press service of the Economic Development and Trade Ministry wrote on Twitter. In particular, over the reporting period, Ukraine’s exports of goods to Canada made up $27.2 million, up by 62.4%. The…

Armenia: exports up in May 2019

According to the National Statistical Service of Armenia, Armenia recorded a 11.7% growth of exports of goods in May 2019 against May 2018. Some types of the goods recorded double-digit rise of export in May 2019 against May 2018, as well as in the January-May of this year against the same period of 2018. Some…

Azerbaijan: average monthly salary in Baku up in January-April 2019

In January-April the average monthly salary in Baku increased by 3.9% YoY and amounted to 820 manats, the Baku city Statistical Department reported. The employees of enterprises and organizations engaged in industrial, financial and insurance, professional, scientific and technical spheres, as well as ICT and construction sectors had the biggest average monthly salaries. The employees…

Ukraine: conditions to boost economic growth named

First Deputy Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan Kubiv says Ukraine demonstrates strong economic growth, but to significantly accelerate its pace, the government should ensure the opening and liberalization of markets for the entry of private capital in a number of key sectors. “For economic growth to be more dynamic,…