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Georgia: unemployment down in Q2 2019

The unemployment rate in Georgia decreased by 0.7% to 11.4% in the second quarter of 2019, said the National Statistics Office of Georgia (Geostat). In Q2 the economically active population constituted 63.7% of the working age population (population aged 15 and older). "In comparison with the same quarter of the previous year, the economic activity rate decreased by 0.3%, while the...

Azerbaijan: 0.6 million tons of wheat imported in January-July 2019

During the first seven months of 2019 Azerbaijan imported 653.23 thousand tons of wheat (valued at $145.8 million), up by 9.2% YoY, reported the State Customs Committee. In addition, in the period the imports of meat increased to 28.8 thousand tons (by 12.1%) valued at $43.3 million, while the imports of edible vegetable and animal origin oils declined to 94.49...

Ukraine: Sumy region completes early grain crops harvesting

Sumy region has completed harvesting of early grain and leguminous crops, according to the Agricultural and Industrial Development Department of the Sumy Regional State Administration. "Early harvesting of grain and leguminous crops has been completed in Sumy region. All categories of farms in the region gathered 1.192 million tons of grain, with an average yield of 45.5 hundredweights per hectare,"...

Ukraine: meat production up in January-July 2019

Meat production in Ukraine in January-July totaled 1.88 million tons (in live weight), up by 6.1% YoY, the State Statistics Service said. However, milk production in the country in January-July decreased by 3.4%, to 5.8 million tons, it said. Egg production increased by 5.7%, to 10.2 billion eggs. The State Statistics Service noted that its report does not include date from Russia-occupied...

Latvia: state budget funds not to be used to compensate PNB Bank’s clients

The Deposit Guarantee Fund is sufficient to pay compensations to affected PNB Bank clients. This means not a cent from Latvia's state budget will be used, said Latvia's Finance Minister Janis Reirs. Reirs stressed that Latvia's deposit guarantee system was secure and it was commendable that 99.2% of PNB Bank's depositors would be able to get their money back. He...

Kazakhstan: 42 schools to be built in 2 years

President of Kazakhstan Kassym-Jomart Tokayev promised to continue constriction of new schools. "As of today there are 7,014 secondary schools in Kazakhstan. 128 of them provide three-shift schooling, and 31 are in disrepair. Construction of 35 schools more to eliminate three-shift schooling and shut down 7 dilapidated schools was included into the 2019-2020 republican budget," the President told the plenary...

Azerbaijan: all Buta Airways flights to Tehran to be operated through new Salam Terminal

All flights of Buta Airways to Tehran will be operated through new Salam Terminal of Imam Khomeini International Airport (IKA) from September 1. Passengers of the flights will also be notified according to the airline's procedure via the telephone numbers indicated during the purchase of the air ticket. The flights to Tehran are carried out daily. Buta Airways, the first low-cost...

Ukraine: temporary bypass bridge to be built in Stanytsia Luhanska

A temporary bypass bridge will be built while the destroyed automobile bridge is being repaired in Stanytsia Luhanska in Donbas. This was announced by Chairman of Luhansk Regional State Administration and head of the regional military-civil administration Vitaliy Komarnytsky at a press conference in Severodonetsk. According to him, there are no blueprints for repairing the bridge across the Siversky Donets...

Ukraine: honey exports up in January-May 2019

In January-May Ukraine increased the volume of honey exports by 20.2% YoY and sold the product worth $40.7 million, according to the press service of the Ministry of Economic Development and Trade. "Ukraine is one of the largest honey exporters in the world. In five months of this year Ukraine increased its export volume by 20.2% compared to the same...

Azerbaijan: banks net foreign assets up in July 2019

The net foreign assets of Azerbaijani banks in July amounted to 16.29 billion manats, up by 7% YoY, the Central Bank of Azerbaijan (CBA) reported. The net domestic assets of the banks amounted to 8.998 billion manats, up by 20.8%. According to the CBA report, as of July 1, the broad money supply amounted to 25.28 billion manats. Since early 2019...