The integration process involving the Finance and Capital Market Commission (FKTK) and the Bank of Latvia could be used as an excuse to reduce the independence of the central bank, said the governor of the bank Martins Kazaks. “We can see the merge process of FKTK and the Bank of Latvia is not simple. Certain…
One in five businesses have serious deficiencies relating to their tax situation, the Tax and Customs Board (MTA) says. Additionally, another 20% have some issues. The MTA adds that over half of businesses have their affairs fully in order, so far as the authority is concerned. The board issues guidance on how to remedy this…
A modular infectious diseases hospital for 200 beds is under construction in the regional center of Turkestan region. It is said that the construction of a modular infectious diseases hospital is being carried out as part of the efforts to build 13 such hospitals across the country. The hospital being under construction in Turkestan region…
As of October 23, UAH 34.1 billion, or 52%, has already been used from Ukraine’s COVID-19 Fund, the Finance Ministry’s press service reports. UAH 5.8 billion out of the planned UAH 16.3 billion or 35% was spent on healthcare. In particular, UAH 21 million was directed on the purchase of lung ventilation devices (UAH 100…
As of October 22, farmers of Poltava region harvested 267,4 thousand tons of sugar beets. Poltava region continues sugar beet harvesting campaign, which has been harvested from the area of 9.1 thousand hectares with the average yield of 29.5 ton/ha. 187.2 thousand tons of sweet roots have been carried out of the fields. (Ukrsugar/Business World…
The planned state budget financing for sports in Latvia may decline by EUR 5.96 million, as detailed in the 2021 budget plan. The plan notes that this year’s funding is EUR 38.8 million. For next year, however, the funding for this sector is at EUR 32.8 million. For example, next year none of the national…
The economic map has been drawn up in Kyzylorda region, Gulshara Abdykalikova, the region’s governor, has announced. The region’s governor underscored the impact of the current COVID-19 pandemic on the economy, pointing to the decreasing prices for oil and other natural resources. The Kyzylorda region’s economy is dependent on oil and uranium extraction, which has…