The National Bank of Ukraine (NBU) will sell $200 million on the interbank foreign exchange market. The regulator sold $270 million on the interbank foreign exchange market on March 10, about $350 million on March 11, over $220 million on March 12 and almost $150 million on March 13 to stabilize the hryvnia. The U.S.…
Lithuania’s economy may shrink by at least 1.2% this year due to the coronavirus, economists from the central bank estimate. This would be an “optimistic” scenario, according to the bank’s chairman Vitas Vasiliauskas. “We believe the economy could contract by 1.2%, meaning that the former baseline scenario changes by almost 4%. But, once again, I…
It has been decided to shut down all international passenger services starting from March 17, as announced by Latvia’s Prime Minister Krisjanis Karins after an extraordinary meeting of the government. The shutdown extends to the railway, airport and buses. People who wish to return home from Latvia or return to Latvia will be able to…
Meat production increased in Kazakhstan, Minister of Agriculture Saparkhan Omarov declared at a Government hour in Majilis. “Production of meat in slaughter weight in 2019 increased by 5.8% and amounted to 1.1 million tons,” said Saparkhan Omarov. According to the Ministry of Agriculture, over the past 5 years the number of cattle in the country…
Ukraine has not suspended international freight transportation operations, according to Infrastructure Minister Volodymyr Kryklii. “The movement of cargo transportation continue to operate. Ports, freight transportation by air and see, international transportation operate. We have not suspended the movement of goods,” Kryklii emphasized. The World Health Organization (WHO) on March 11 declared the novel coronavirus (COVID-19)…
The National Bank of Ukraine sees no grounds for default on Ukraine’s obligations, says Yakiv Smolii, Governor of the National Bank of Ukraine. “We see no grounds for such developments and don’t consider today the option of default for Ukraine,” Smolii told reporters in Kyiv. (UNIAN/Business World Magazine)
In 2019 the share of households who paid for usual necessary expenses with difficulty or great difficulty constituted 28.6%, down by 7.1% YoY. The share of households making ends meet with some difficulty or fairly easily increased between 2018 (56.8%) and 2019 (62.4%), as had the proportion of households making ends meet easily or very…