The European Bank for Reconstruction and Development (EBRD) is organizing a new financing for the construction of a 76MWp solar plant in the Karaganda region of Kazakhstan, a leader in the development of renewable energy in Central Asia, with a total installed solar capacity of 216MWp. The $42.6-million package provided to the well-established German developer…
In Latvia, the level of producer prices in industry decreased by 2.7% YoY in August, the data of the Central Statistical Bureau (CSB) showed. In a press release on September 21, the CSB reported that in a monthly comparison, from July to August, the level of producer prices in Latvian industry remained the same. Prices…
On September 2, “Zakhidnyi Bug” PE began sugar beet harvesting – the total area in 2020 amounted to 13,775 ha, and the planned average yield – 60 ton/ha. As of September 16, the company has harvested 93,206 tons of sugar roots with the average yield of 50-55 ton/ha and sugar content – in the range…
Finance Minister Serhiy Marchenko has said the healthcare spending in 2021 will grow unprecedentedly, up to 4.2% of GDP. “Healthcare is our key priority given the COVID-19 pandemic and the ongoing healthcare reform. Expenditures on healthcare will grow unprecedentedly, up to 4.2% of GDP, which is more than UAH 190 billion ($6.8 billion) in the…
The European Bank for Reconstruction and Development (EBRD) has launched a $30-million Green Economy Financing Facility (GEFF) in Kazakhstan to support gender inclusive green finance for households and small private sector companies investing in green technology solutions. A microfinance organization, KMF, signed up as the first local partner financial institution with a credit line of…
Damage caused to the state by corruption amounted to 13.6 billion soms in 2018-2019 and eight months of 2020, The President of Kyrgyzstan, Sooronbai Jeenbekov, announced at a meeting of the Security Council. According to him, 5,827 billion soms have been returned to the state. “This, of course, is not enough, another half out of…
As part of Ida-Viru County’s plans for transition to a sustainable economy, Estonia’s state-owned energy group Eesti Energia is seeking to build a methanol production complex in the county with an estimated cost of EUR 280 million. In an overview of Eesti Energia’s development projects sent to Minister of Public Administration Jaak Aab (Center), Minister…