Uzbekistan: ADB to prioritize transformation to market-based economy through reforms

UzbekistanBy admin 2021-10-22 Leave a comment

Asian Development Bank (ADB) will prioritize Uzbekistan’s transformation to market-based economy through reforms, regional connectivity and cooperation, and sustainable and inclusive growth in planning its assistance, an ADB representative has announced. The representative stated that ADB assisted Uzbekistan with innovative financing instruments such as partial credit guarantees and public-private partnership schemes, consistent with Uzbekistan’s pursuit…

Estonia: 2022 state budget passes first Riigikogu reading

EstoniaBy admin 2021-10-22 Leave a comment

The bill of Estonia’s state budget for 2022, according to which the revenues of the state budget total EUR 13.13 billion, expenditures amount to EUR 13.64 billion and investments will be made in the amount of EUR 716 million, passed the first reading in the Riigikogu on October 20. The tax burden next year will…

Kyrgyzstan: sugar price grows by almost 2.5 soms

KyrgyzstanBy admin 2021-10-22 Leave a comment

Since the beginning of October, the average prices for granulated sugar have increased by 2.33 soms. The National Statistical Committee of Kyrgyzstan provided such data. While at the end of September sugar cost 65.1 soms per kilogram, as of October 20 its price increased to 67.43 soms. Compared to October last year, the product has…

Ukraine: only rapid spread of coronavirus to stop economic recovery

UkraineBy admin 2021-10-22 Leave a comment

Ukraine’s economy is actively recovering, and this process can be stopped only by one factor – the rapid spread of coronavirus. “The rapid spread of coronavirus is the only factor that can stop the economic recovery. Over the first eight months, the economy has grown by 3%. Industry, agriculture and construction sector revive. Exports, investments…

Ukraine: poultry meat to be exported to Georgia

Georgia, UkraineBy admin 2021-10-21 Leave a comment

The competent authorities of Ukraine and Georgia have agreed on the form of a certificate for the exports of poultry meat, offal and other poultry products from Ukraine to Georgia. “We are creating new opportunities for Ukrainian companies to earn more money abroad. This means more currency earnings to Ukraine, strengthening of the hryvnia, taxes…

Georgia: socially vulnerable pensioners to receive 500-GEL vouchers

GeorgiaBy admin 2021-10-21 Leave a comment

Acting Tbilisi Mayor Kakha Kaladze has announced that socially vulnerable pensioners will receive 500-GEL vouchers to purchase various prescribed medications. At the municipal government session, Kaladze said the new program would cost 20 million GEL and have 40,000 beneficiaries. “We will always stand by those families and people who are still in need of our…

Uzbekistan: economy grows “higher than expected”

UzbekistanBy admin 2021-10-21 Leave a comment

Uzbekistan’s GDP during the first nine months of 2021 grew by 6.9%, which was significantly higher than the 5.1% expected last year. More than 338,000 new jobs were created and 77,000 new business entities started operation. Exports (excluding gold) increased by 34.1% YoY, to $8.9 billion. Until year-end, the GDP growth is expected to be…

Yearly Archives: 2021