In January-November 2021, the deficit of Latvia’s state consolidated budget was EUR 1.03 billion, up by EUR 490.5 million YoY, according to data published by the State Treasury. Considering the costs of the aid provided to reduce consequences from Covid-19 pandemic, the deficit in the state budget reaches EUR 1.08 billion. The municipal budget, on…
The estimated real Gross Domestic Product (GDP) increased by 12% YoY in November 2021 and by 10.7% in January-November 2021, the latest data from the National Statistics Office of Georgia (Geostat) showed. The highest real GDP growth was registered in the following sectors: manufacturing, transportation and storage, arts, entertainment and recreation, trade, hotels and restaurants,…
In January-November 2021, Uzbekistan exported 1,392.6 thousand tons of fruits and vegetables worth over $863.1 million (the rate of decline compared to the same period in 2020 was 7.8%). According to the State Statistics Committee, the main countries purchasing Uzbekistan’s fruits and vegetables are Russia, Kazakhstan, Kyrgyzstan and China. The largest volume in value terms…
In November 2021, the turnover of retail trade enterprises was 808 million euros, data from Statistics Estonia showed. Compared to November 2020, turnover increased by 14% at constant prices. Johanna Linda Pihlak, analyst at Statistics Estonia, said turnover increased in grocery stores, in stores selling manufactured goods as well as in enterprises engaged in the…
Foreign investors have approached the Lithuanian government about pressure they receive from China, Economy Minister Ausrine Armonaite has said. “We have received an appeal from an association of German businesses, addressed to the foreign minister and myself. We are in regular and direct contact with investors. These concerns were expressed to us some time ago,”…
In 2021, the Criminal Police Department for Suppressing Money Laundering uncovered 107 economic and corruption-related crimes, the Interior Ministry’s press service reported. “Of these, 25 materials have been sent to court, more than 90 cases are being investigated, 14 citizens are under arrest and 21 people have been handed notices of suspicion of committing a…
The Cabinet of Ministers has approved the strategy for reforming the public finance management system for 2022-2025, the Finance Ministry’s press service has reported. “An order “On the approval of the strategy for reforming the public finance management system for 2022-2025″ was adopted at a government meeting on December 29, 2021. The Finance Ministry drew…