Ukraine’s gross public and publicly guaranteed debt in hryvnias is UAH 2.558 trillion, or more than $90 billion, and this amount is acceptable and has been agreed with all ministries and international partners, according to Prime Minister Denys Shmyhal. He said this during a question-and-answer session in parliament. “As of late January, the amount of…
The credit portfolio of Latvian banking sector declined by 3.9% or by EUR 523.785 million YoY in 2020 and was EUR 12.948 billion, according to data compiled by the Finance Latvia Association. The credit portfolio of banks that are members of the association has declined by 1% or by EUR 123.218 million, composing EUR 12.212…
Inflation ran at 0.6% YoY in February, state agency Statistics Estonia reported. The Consumer Price Index (CPI) rose slightly more between January and February, at 0.9%, Statistics Estonia reported, though goods actually saw a deflation of -0.6% YoY on the CPI, while services cost 2.7% more than in February 2020. Statistics Estonia leading analyst Viktoria…
Prices for potatoes have increased by 70% and for vegetable oil – by 64% over the past year in Kyrgyzstan, director of the State Agency for Antimonopoly Regulation Shukhrat Sabirov has announced. According to him, price of sugar grew by 57%, meat – by 20-40%, eggs – by 34%. An increase in prices for fuel…
President Shavkat Mirziyoyev attended the 14th summit of the Economic Cooperation Organization (ECO) on March 4. The event was chaired by Turkish President Recep Tayyip Erdogan. In his address, Mirziyoyev named the space of the Economic Cooperation Organization a region with huge potential, a common history, religion, culture and values. He also underlined that the…
The National Bank of Ukraine (NBU) forecasts that remittances from migrant workers to Ukraine will amount to $13 billion in 2021, up by 8% YoY, Deputy NBU Governor Yuriy Heletiy has said. “In 2021, remittances from migrant workers are expected to grow by 8%, to about $13 billion,” Heletiy said at a briefing. He added…