The Parliament of Kyrgyzstan has adopted a bill on the introduction of an emergency situation in the economy for six months. The initiator of the draft law was the Minister of Economy and Finance Akylbek Japarov. According to the initiative, an emergency situation in the economy is introduced without the consent of Parliament in the…
Uzbekistan’s central bank has decided to keep its main interest rate unchanged at 14% per annum. “The decision was made in order to ensure a balance between achieving the forecast inflation indicators by the end of the year and maintaining economic growth in the context of recovery of economic and investment activity,” the regulator said…
Consumer inflation in Ukraine will reach 9.6% at the end of 2021 and will return to the target of 5% in the second half of 2022, the National Bank of Ukraine (NBU) has said in its quarterly inflation report for July. “As before, the National Bank expects inflation to peak this autumn amid high world…
The decision by Naftogaz’s supervisory board regarding the payment of multimillion-dollar annual bonuses to four members of the company’s executive board cannot be implemented, Naftogaz CEO Yuriy Vitrenko has said in a letter to Ukrainian Prime Minister Denys Shmyhal. The reason for his appeal to the head of government was the decision by the supervisory…
Reconstruction of 60 houses destroyed by the Tajik military has been completed in Batken region, State Secretary of the State Agency for Architecture, Construction, Housing and Utility Services Samat Borubaev has announced at a meeting of the Parliament. According to him, 15 houses have been commissioned. “At least 60 out of 140 houses have been…
Japan’s Toyota Tsusho Corporation has announced its plans to invest in Georgia’s energy sector. During an official meeting with the Economy Minister Natia Turnava, the Toyota Tsusho delegation expressed its special interest in the production of the so-called green hydrogen. “Toyota Group has been present on the Georgian market for years. However, it is possible…
Compared to June 2020, total retail trade turnover rose by 5.9% in June. Turnover of retail trade in food products declined by 2%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 11.4% and of automotive fuel – by 9.6%. Compared to June 2020, the most notable turnover rise was…