Latvia: minimal social contributions to be paid by all citizens

Compulsory minimal state social insurance contributions should be paid by all Latvian citizens, because everyone should be socially protected independently regardless of their sector of employment, said Culture Minister Nauris Puntulis. When asked about a comment on culture industry’s workers’ arguments that minimal social contributions would not guarantee financially secured retirement anyway, the minister said…

Kazakhstan: international reserves up in August 2020

As of the end of August, Kazakhstan’s international reserves have hit $94.1 billion. According to the preliminary data, the country’s international reserves including the National Fund’s assets stand at $94.1 billion. The National Bank’s international reserves have increased by $22 million in one month and totaled $35.4 billion. The preliminary data showed that the National…

Ukraine: consumer prices down in August 2020

Consumer inflation in Ukraine in August decreased by 0.2% MoM, according to the State Statistics Service. Consumer prices in August decreased by 0.2% compared to July, but increased by 1.2% compared to December 2019 and by 2.5% compared to August 2019. In general, in January-August, prices on the consumer market rose by 2.4% YoY. Core…