In the first quarter of 2020, investments in Ukraine’s economy decreased by 29% and in the agriculture sector – by 35.3%, Oleksandr Zakharchuk, Head of the Investment, Material and Technical Resources Department at the National Research Center “Institute of Agrarian Economics” (IAE), stated referring to data released by the State Statistics Service. “In January-March, total…
Akim of Zhambyl region Berdibek Saparbayev spoke about the construction and repair work in Kordai district. “During an emergency situation in the region, 39 residential buildings and 20 commercial facilities in the villages of Masanchi, Bular Batyr and Auhatti were completely damaged. The President instructed to provide assistance to the residents of the area in…
Ukraine’s state budget did not receive UAH 45 billion in planned revenues to the general fund in the first quarter of 2020, including UAH 27 billion as customs and tax payments, Chairman of the Accounting Chamber Valeriy Patskan said on Facebook. “In January-March, the budget did not receive 14% of planned revenues to the general…
Ukraine’s economy could contract by 6-7% in 2020, Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub has said. “Based on the data on the decline in the first quarter, industrial production and transport in April, I think the decline may be more severe than expected. Accordingly, if we transfer the dynamics to…
Construction of a new international terminal at Almaty Airport with passenger flow traffic up to 6 million will begin on July 1. Construction works will be completed on July 1, 2022. As earlier reported, Turkey’s TAV Airports Holding bought the Almaty International Airport for $415 million. (Kazinform/Business World Magazine)
As of May 15, the annual inflation rate reached 7.5% after rising to 8.6% in April, the Chairman of the National Bank of Kyrgyzstan Tolkunbek Abdygulov reported. According to forecasts of the National Bank, inflationary processes will slow down in the second half of the year. It is planned that the National Bank will work…
The Port of Tallinn entered into an unsecured loan agreement with SEB Bank for up to EUR 20 million, with a term of five years, to develop Tallinn’s Old City Harbor. The base interest rate of the loan is six-month Euribor, plus an interest margin. The loan can be drawn in two payments, the first…