The Ministry of Finance raised UAH 2.465 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “On October 5, at actions for the placement of domestic government bonds, the Finance Ministry offered investors six issues of securities in the national currency. Overall, UAH…
Georgia is leading the South Caucasus region with a projected rebound of 8% this year, says the latest edition of the World Bank’s Economic Update for the region. “Georgia’s recovery is expected to edge down to 5.5% in 2022 and 5% in 2023, as macroeconomic support continues to be removed”, reads the report. The World…
According to the order issued by the Latvian government, the state budget program for emergencies will be expanded by EUR 300 million this year. The budget increase is related to the plan for operational response and allocation of necessary funding for the measures ministries in Latvia plan to employ in order to overcome the challenges…
As of October 4, the Tax and Customs Board (MTA) was still awaiting EUR 4.18 million in underpaid tax. The deadline for payment for the 2020 tax year was October 1. EUR 1.38 million of the total owed was due to be paid in installments. The total in underpaid tax owed to the MTA for…
Uzavtosanoat has signed a memorandum with Turkmenistan-Motors, the company’s press service has reported. UzAuto Motors cars in the near future are set to be produced at the facilities of Turkmenistan-Motors. The parties also agreed to establish the production of pickups, trucks and buses, agricultural and trailer equipment. “The project will increase the share of industry…
Ukrainian President Volodymyr Zelensky has said that mutual trade in goods between Ukraine and Israel has been gradually growing after the two countries launched a free trade area. He said this at a joint meeting with Israeli President Isaac Herzog and the media in Kyiv on October 5. “On December 26, Ukraine and Israel will…