The average nominal wage of a full-time employee grew by 12.5% in Ukraine in January 2020 against December 2019, while rising by 16.3% YoY, to UAH 10,727, or $437. Real wages in Ukraine in January increased by 12.7% MoM and by 12.5% YoY, the State Statistics Service reported. The average nominal rate of a full-time…
In 2019, budget expenditures surged by 19.3% and made 13.5 trillion tenge. Budget spending comprised 11.3 trillion tenge, down by 9.1%. The biggest amount was spent on social assistance and social provision: 3.5 trillion tenge or 25.6% of the total sum of expenses. 2.3 trillion tenge and 1.3 trillion tenge were spent on education and…
The United States Department of Defense has signed a contract with Raytheon/Lockheed Martin Javelin Joint Venture on the production of the Javelin anti-tank missile systems for a number of countries, including Georgia. Other countries, which will receive the Javelins, include Australia, the Czech Republic, Estonia, France, Indonesia, Ireland, Jordan, Lithuania, New Zealand, Norway, Oman, Qatar,…
In 2019, the Compulsory Medical Insurance Fund of Kyrgyzstan paid 32.4 million soms to medical organizations for management and monitoring of tuberculosis patients until completion of treatment on an outpatient basis, press service of the fund reported. At least 2,132 patients have completed treatment on an outpatient basis (1,667 people in 2018), including 1,570 with…
The National Bank of Ukraine (NBU) applied measures of influence to three banks in February due to the violation of legislation in the field of financial monitoring, the central bank’s press service reported. “The National Bank of Ukraine, following inspections on preventing and countering the legalization (laundering) of proceeds of crime, terrorist financing and financing…
Finance Ministry increased the state budget deficit in 2019 to UAH 81 billion ($3.3 billion), whereas earlier this figure was UAH 78.05 billion ($3.1 billion). “The Law of Ukraine “On the State Budget of Ukraine for 2019″ defines the annual limit of the state budget deficit in the amount of UAH 91.1 billion ($3.7 billion).…
Compared to December 2019, the level of construction costs in Latvia fell by 0.2% in January 2020. Labor remuneration of workers reduced by 0.9% andprices of building materials – by 0.1%, but maintenance and operational costs of machinery and equipment rose by 0.2%. In January, the average level of construction costs was mostly affected by…