The economic map has been drawn up in Kyzylorda region, Gulshara Abdykalikova, the region’s governor, has announced. The region’s governor underscored the impact of the current COVID-19 pandemic on the economy, pointing to the decreasing prices for oil and other natural resources. The Kyzylorda region’s economy is dependent on oil and uranium extraction, which has…
Uzbekistan develops and implements improved ways of sustainable forest management, and as a result, the range of ecosystem services is expanding. The Global Environment Facility (GEF) project on “Sustainable Forest Management in Mountainous and Valley Areas of Uzbekistan”, implemented by the Representative Office of the Food and Agriculture Organization of the United Nations (FAO) in…
The easing of quarantine restrictions helped to restore lending in Ukraine in the third quarter of 2020. This is evidenced by the results of a survey conducted by the National Bank of Ukraine (NBU) among credit managers of Ukrainian banks, released on October 23, the central bank’s press service reports. According to the central bank,…
Deputy Minister for Development of Economy, Trade and Agriculture Taras Vysotskyi says the ministry plans to amend the procedure for consulting agricultural sector to support it. “We’ll definitely coordinate the issue with the sector and specialized associations. Following that, we’ll initiate appropriate changes to the procedure of the Cabinet of Ministers,” he wrote on Facebook.…
The overload of healthcare workers in Latvia because of the spread of COVID-19 is obvious, the chairman of Latvian Hospital Association (LHA) Jevgenijs Kalejs says. Kalejs claims the rapid spread of COVID-19 has caused workload to increase for all healthcare workers, adding that the state has not considered full remuneration of increased workload. The representatives…
Estonian bank LHV is to fully set up separate operations in the United Kingdom. LHV has a branch in the U.K., but this has not been distinct from its Estonian operations via AS LHV Group. The bank told the Estonian stock exchange the move would allow for better compliance with regulatory and supervisory requirements. In…
Exports of Kazakh flour in the whole season totaled of 1.48 million tons, down by 12% YoY and by 27% compared with the five-year average, the lowest since MY 2007-2008. 97.7 thousand tons was exported in August (-24% MoM, +3% YoY). The top importer in recent years was Afghanistan, which purchased 65% of total flour…