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Yearly Archives: 2021

Estonia: supplementary state budget passes Riigikogu vote

EstoniaBy admin2021-04-16Leave a comment

The supplementary budget issued in response to the continuing coronavirus pandemic passed its Riigikogu vote on April 14 by 73 votes to 9, meaning the EUR 641-million aid package, aimed at mitigating the effects of the pandemic, and ensuing restrictions, on the health care system, education, business and the populace as a whole, would enter…

Uzbekistan: gold and FX reserves down in March 2021

UzbekistanBy admin2021-04-16Leave a comment

The volume of gross gold and foreign exchange reserves of Uzbekistan as of April 1 stood at $32.6 billion, having decreased by $589.1 million over the month. Since the beginning of the year, the indicator has dipped by $2.2 billion, according to the data from the Central Bank. Net foreign exchange reserves (the difference between…

Ukraine: Ukreximbank generates UAH 327 million in Q1 2021

UkraineBy admin2021-04-16Leave a comment

JSC Ukreximbank generated UAH 125 million in profit in March, according to the bank’s press service. Since the beginning of 2021, the state-owned bank has received a total of UAH 327 million in profit against a loss of UAH 2 billion recorded in January-March 2020. “Profitable activity in the reporting period was provided by the…

Ukraine: over 2,000 families take advantage of “warm loans” program

UkraineBy admin2021-04-14Leave a comment

More than 2,000 Ukrainian families have already taken advantage of the “warm loans” energy efficiency program in 2021, the press service of the State Agency for Energy Efficiency and Energy Saving reports. “This year state energy efficiency program attracts more and more participants. During the first week of the program this year, families received almost…

Estonia: COVID-19 restrictions to be costing millions of euros a day

EstoniaBy admin2021-04-14Leave a comment

Coronavirus restrictions could be costing the state between EUR 7 million and EUR 19 million every day, according to experts. Lifting restrictions alone would also not spell immediate economic recovery either. Investor and businessman Risto Rossar said last week that in his estimation, restrictions on every working individual in Estonia cost the state EUR 712…

Latvia: throughput of port Riga down in Q1 2021

LatviaBy admin2021-04-14Leave a comment

In January-March, the Freeport of Riga (Latvia) handled 5.39 million tons of cargo, down by 15.3% YoY. According to the port’s statistics, handing of grain increased by 42.6%, to 832,700 tons, ore – by 42.9%, to 199.600 tons, wood pellets – by 9.3%, to 588,700 tons, sawn timber – over 2-fold, to 116,700 tons, and…

Kyrgyzstan: inflow of remittances from migrants up in February 2021

KyrgyzstanBy admin2021-04-14Leave a comment

In February, migrants transferred $177.1 million to Kyrgyzstan, up by $25.6 million MoM, the National Bank of Kyrgyzstan reported. Compared to February 2020, the figure decreased by $2.3 million. In just two months of this year, migrants have transferred $328.6 million to the country, down by $16 million. Russia accounts for more than 97% of…

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