As of October 1, the share of non-performing loans (NPLs) in state-owned banks (excluding PrivatBank) decreased from 47.6% to 43.5%, the press service of the National Bank of Ukraine (NBU) wrote on Facebook. According to the central bank, state-owned banks have begun to implement plans to clean the balance sheets from the legacy of previous…
Compared to September 2019, manufacturing production output according to calendar adjusted data at constant prices decreased by 0.6% in September 2020. Production output decreased in electricity and gas supply by 22.7%, with a significant decrease in the volume of electricity produced in combined heat and power plants (CHP) and gas supply to consumers. In turn,…
The Kazakh delegation led by Roman Sklyar, Deputy Prime Minister, paid an official visit to Uzbekistan. The delegation met with Uzbekistan PM Abdulla Aripov, first Deputy PM Achilbay Ramatov, Deputy Prime Minister, Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov. The parties reached agreements on efficient bilateral cooperation. They stated…
Governor of the Bank of Estonia Madis Muller said one of Estonia’s largest fiscal challenges in recovering from the coronavirus economical crisis was the allocation of EUR 1.5 billion in European Union support measures between investment objects. Estonia is set to receive more than EUR 1.5 billion in funds from the European Union recovery fund,…
The State Customs Service of Ukraine transferred UAH 36.35 billion in revenues from customs payments to the state budget in October, according to the agency’s website. “In October, the State Customs Service fulfilled the revenue plan by 98.4% and transferred UAH 36.35 billion to the state budget (the plan for October amounted to UAH 36.93…