Finance Minister Serhiy Marchenko says the increase in the minimum wage of Ukrainian citizens to UAH 6,500 ($229), scheduled for July 1, 2021, is postponed until December 1, 2021. “This is explained by the fact that such shock infusions into the economy affect inflation. We discussed the issue with our partners and decided to postpone…
A Research Center for Water Problems will be established in the Khorezm region. The center will be created based on the Khorezm experimental production farm of the Research Institute of Irrigation and Water Management under the Ministry of Water Resources in order to improve water resources management, accounting and improve the reclamation status based on…
Turkmenistan is committed to promoting the socio-economic development of Afghanistan, the Ministry of Foreign Affairs of reports. Turkmenistan’s commitment is shown in infrastructure projects initiated by Turkmenistan, including the construction of social facilities on the territory of Afghanistan on a gratuitous basis. The construction of the TAPI gas pipeline, electric power and communication lines along…
According to Akmola region governor Yermek Marzhikpayev, agriculture remains the main economic activity for the region alongside mining. The region’s agriculture sector has received around KZT 74 billion as the state support. To develop husbandry, 97 meat and 18 milk farms have been built in the region, with the acquisition of 9.5 thousand heads of…
The Finance Ministry of Ukraine expects that the state budget for 2021 will be approved until mid-December, Finance Minister Serhiy Marchenko has said. “This year, the delay in adoption of the state budget is impossible for one simple reason, that we have a session this week and another one in mid-December,” he said. He has…
The total amount of deposits of individuals in banks-participants of the Deposit Guarantee Fund of Ukraine amounted to UAH 575.66 billion as of November 1, according to the Fund’s press service. “As of November 1, the total amount of deposits of individuals (including private entrepreneurs) in banks-members of the Deposit Guarantee Fund amounted to UAH…
Pavlodar region is to scale up its meat production by 10% each year. Governor of Pavlodar region Abylkair Skakov said that the region’s agro-industrial sector accounted for 8.8% of GRP. He also noted that irrigated agriculture, production of milk and meat were envisaged as the main points of growth. He went on to say that…