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Author Archives: admin

Ukraine: public debt to be reduced in 2021

UkraineBy admin2020-09-23Leave a comment

Finance Minister Serhiy Marchenko has said that Ukraine intends to cut public debt by 3% in 2021. “This year we have a deficit of UAH 300 million. This is a crisis year, as we had to finance some social programs, pension indexation and the Fund to tackle Covid-19. But we have the opportunity to borrow.…

Ukraine: RDS repairs 37 km of N-01 highway ahead of schedule

UkraineBy admin2020-09-22Leave a comment

The RDS Ukrainian road-building group of companies has completed the repair of 37 km of the section of the N-01 road in Cherkasy region ahead of schedule, the group’s co-founder, Yuriy Shumakher, has announced. “According to our commitments, we were supposed to complete the work in November, but we completed the renovation at the end…

Estonia: industrial producer price index down in August 2020

EstoniaBy admin2020-09-22Leave a comment

In August, the producer price index of industrial output increased by 1.1% MoM, but decreased by 2.2% YoY, data from Statistics Estonia shoed. Leading analyst at Statistics Estonia Eveli Sokman said, in August, compared to July, the producer price index was affected primarily by price increase in electricity supply. “Price decreases in the manufacture of…

Kazakhstan: EBRD, GCF and CIFs to provide $42.6 million for solar plant

KazakhstanBy admin2020-09-22Leave a comment

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…

Latvia: producer price level down in August 2020

LatviaBy admin2020-09-22Leave a comment

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…

Ukraine: “Zakhidnyi Bug” harvests more than 93,000 tons of sugar beet

UkraineBy admin2020-09-22Leave a comment

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…

Ukraine: healthcare spending to grow unprecedentedly in 2021

UkraineBy admin2020-09-21Leave a comment

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…

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