Ukraine’s state-owned banks wrote off UAH 111 billion worth of bad debts in January-November, which allowed them to reduce the share of NPLs in their portfolios below 60% for the first time in a long while, Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko wrote on his Facebook page. “In 2020, we began…
“The Economy of simple things program proved successful as an investment tool for the development of domestic production. As assigned by the Head of State, the total funding of the program was increased up to KZT 1 trillion,” the Kazakh PM Askar Mamin said. Despite the current situation caused by the pandemic the number of…
“The Economy of simple things program proved successful as an investment tool for the development of domestic production. As assigned by the Head of State, the total funding of the program was increased up to KZT 1 trillion,” the Kazakh PM Askar Mamin said. Despite the current situation caused by the pandemic the number of…
The Ministry of Defense on December 14 for the first time in its history signed direct foreign economic contracts to purchase military goods from foreign suppliers, the ministry’s press service reported. Defense Minister Andriy Taran has signed a number of defense contracts with Turkish companies. “Minister of Defense of Ukraine Andriy Taran has signed agreements…
This week the U.S. dollar exchange rate against the hryvnia is expected to decline to UAH 27.75, according to a weekly forecast released by Alpari analytical company. Over the past week, the U.S. dollar exchange rate against the hryvnia has decreased in all segments of the foreign exchange market by an average of 40 kopecks.…
Tajikistan has increased its chicken meat and egg production in 2020, the Tajik government reports. The republic, located between China and Afghanistan, has managed to improve self-sufficiency in poultry products and is on the brink of being able to export eggs for the first time in its history. In January-October, Tajikistan produced 22,800 tons of…
According to Statistics Estonia (Statistikaamet), the service sector represented 72% of the EUR 28-billion GDP Estonian economy in 2019 with Harju County accounting for EUR 18 billion of total GDP. Harju county was followed by Tartu and Ida-Viru counties, which accounted, respectively, for 11% and 6% of Estonia’s gross domestic product (GDP). Hiiu and Polva…