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Yearly Archives: 2020

Kazakhstan: Akmola region creates 97 meat and 18 milk farms

KazakhstanBy admin2020-11-30Leave a comment

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…

Ukraine: Finance Ministry expects 2021 state budget to be approved by mid-December 2020

UkraineBy admin2020-11-30Leave a comment

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…

Ukraine: deposits of individuals in Deposit Guarantee Fund’s banks up in October 2020

UkraineBy admin2020-11-27Leave a comment

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…

Kazakhstan: Pavlodar region to scale up meat production

KazakhstanBy admin2020-11-27Leave a comment

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…

Estonia: souvenir makers want tax break and income compensation

EstoniaBy admin2020-11-27Leave a comment

The Estonian Association of Souvenir Manufacturers and Sellers argues that to ensure the sector’s survival, the support measures applied to the tourism sector must be extended to it, the sector should be compensated for losses caused by the emergency situation and exempted from all taxes until the end of 2021. In a letter to the…

Kyrgyzstan: economy to shrink by 7.5% at year-end

KyrgyzstanBy admin2020-11-27Leave a comment

Economic decline in Kyrgyzstan is estimated at 7.5% at year-end, Alexey Kuznetsov, head of the Country Analysis Center of the Eurasian Development Bank, announced during a videoconference. According to him, the economies of Russia, Armenia, Kyrgyzstan and Tajikistan will reach the pre-crisis level only in two years. The exchange rate of som to the U.S.…

Ukraine: Zelensky inspects facilities included in Great Construction program in Dnipropetrovsk region

UkraineBy admin2020-11-27Leave a comment

During a working trip to Dnipropetrovsk region, President Volodymyr Zelensky inspected the construction of a southern bypass road around the city of Dnipro, which was being carried out within the framework of the Great Construction national program. Implementation of the project provides for the construction of a road with a total length of 7.1 km…

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