Finance Minister Lasha Khutsishvili has presented his ministry’s 10-year development strategy, which aims to tackle poverty and unemployment and increase overall economic well-being in Georgia. “High economic growth should be the main focus of our economic vision for the next 10 years,” Khutsishvili stated. Prime Minister Irakli Garibashvili said before the presentation of the development…
The number of people staying in hotels, hostels, guest houses and other accommodation businesses in June was around a third higher than the figure for June 2020, state agency Statistics Estonia reporeds. However, the sector still has a long way to go before pre-pandemic levels are reached, and room occupancy stood at just over 30%,…
The export of chemical products from Turkey to Georgia decreased by 7.2% YoY in January-June, to $125.1 million, the Turkish Ministry of Trade reported. The export volume of chemical products from Turkey to Georgia decreased by 10.5% in June compared to June 2020 and reached $26.7 million. (Trend/Business World Magazine)
The state will stimulate and finance programs for the development of rail car manufacturing in Ukraine. “Development of high-quality railway service, high-quality rolling stock is one of the priorities because, apart from comfort for people, it is also an important factor contributing to economic development. We will finance and stimulate programs to develop domestic rail…
Ukraine’s international reserves in July grew by 2.1% YoY, to $28.951 billion (in equivalent), according to the press service of the National Bank of Ukraine (NBU). “As of August 1, Ukraine’s international reserves stood at an equivalent of $28,951.1 million, according to preliminary data. In July, international reserves increased by 2.1%, primarily due to the…
The Uzbek government has said it would invest nearly $1.87 million into the development of the flower industry. It plans to increase the volume of flower cultivation and flower exports, as well as to promote floriculture among the population. Funds are to be allocated to the newly created Association of Florists for attracting international experts,…
In July, the number of passengers serviced at Riga International Airport increased by nearly half when compared to June, according to available data on the airport’s operations in the first seven months of 2021. The airport serviced 297.2 thousand passengers, up by 140,000 MoM. This means the number of passengers serviced in July reached 36%…