Kyrgyzstan’s GDP increased by 4.5% in 2019 against the forecast of 4%, according to the information provided by the government’s press service. The GDP growth is provided by all sectors of the economy: the growth is observed in the construction industry – 10.6%, in agriculture – 2.6%, in services – 2.9%, and in industry –…
Kassym-Jomart Tokayev, the Head of State, met with the Mohamed Khalifa Al Mubarak, Chairman of the Board of Directors of Aldar Properties. Tokayev was informed about the current state of the Abu Dhabi Plaza project, which was being implemented by Aldar Properties. Mohamed Khalifa Al Mubarak said that additional work was currently being carried out…
The financial indexes of last year of SE Klaipeda State Seaport Authority and scopes of the implemented investments manifest even bigger benefit generated for the national economics. The Lithuanian transport sector creates approximately 14% of the Lithuanian GDP, and significant part of this GDP is generated by Klaipeda Port and related activities, the port says…
Ukraine’s Energy and Environment Minister Oleksiy Orzhel has announced a reduction in prices of natural gas soon. “The signing of the agreement with Russia’s Gazprom helped stabilize the market situation, and accordingly there are all positive factors for reducing prices,” he has said on Facebook. According to him, the Cabinet of Ministers made the appropriate…
Banks expect an increase in demand for loans from households and businesses in January-March, according to a report titled “Survey on the Conditions of Bank Lending”, the press service of the National Bank of Ukraine (NBU) has reported. “Banks note an increase in demand for loans to households and businesses and forecast that this trend…
Last year, investors’ opinion of the competitiveness of Latvia’s economy improved for nearly all indexes, as reported by EY Latvija representatives. At the same time, investors say there is a growing need for national level marketing and downstream improvements to the internal ecosystem. From a total of 17 different factors investors are the most positive…
The electric car factory in Kutaisi, western Georgia, will produce its first electric car in August, State Representative in Imereti Zviad Shalamberidze has declared, adding that at that time the factory will also start producing additional components for cars. “Electric cars will be exported abroad as well as sold on the local market,” said Shalamberdize.…