In order to increase the export, sale, competitiveness and awareness of Georgian wine abroad the government of Georgia has decided to co-finance marketing campaigns of wine companies in export markets except for CIS countries. Agriculture Minister Levan Davitashvili announced that the government had approved the new state program to promote Georgian wine abroad. The program…
The international credit rating agency Fitch Ratings (Fitch) has published a statement on Latvia’s credit rating, where it has been maintained the level of A- with a stable forecast of future credit rating, the Latvian State Treasury reports. In the statement, published on September 3, Fitch highlighted the credible policy framework of Latvia, the country’s…
In 2020, power plants produced 5,516 gigawatt-hours (GWh) of electricity, which was three quarters of the production the year prior, data from Statistics Estonia showed. The volume of electricity produced from oil shale decreased by a half. Helle Truuts, an analyst at Statistics Estonia, said electricity production from renewable energy sources continued to grow last…
The gross international reserves of Kyrgyzstan increased by $205.37 million over the past month, official website of the National Bank of the country said. As a result of August, the reserves reached $2,860.74 billion. This is the highest level of the reserves in 2021. At the same time, since the beginning of the year, the…
Agreements worth $330 million were signed in favor of Uzbekistan on the sidelines of Islamic Development Bank’s (IsDB) 2021 Annual Meetings held in Tashkent. “We have learned a lot about the pressing development problems faced by our participating countries in connection with the pandemic. The topics discussed during the week, especially during the round table…
Since the beginning of 2021, local budgets of Zakarpattia region have received UAH 6.9 million in tourist tax payments, which is 36.1% more than in the pre-pandemic period of 2019. This was reported by the Tourism and Resorts Department of Zakarpattia Regional State Administration. “In January-August, the local budgets of Zakarpattia region received UAH 6,916,000…
On September 1, the Ministry of Finance of Ukraine redeemed the third series of Eurobonds worth $1.3088 billion, issued during the restructuring in 2015. “On September 1, the Ministry of Finance of Ukraine repaid the third series Eurobonds issued during the restructuring in 2015. The total redemption amounted to more than $1.3 billion, including $974.146…