Uzbekistan has lifted restrictions on the export of products in eight product groups. Starting from January 1, 2019 it will be allowed to export pork, meat and poultry by-products, pork fat and poultry fat, vegetable oil, sugar, bakery products, tungsten ore and concentrates, as well as silk waste without any restrictions. On October 30 Uzbek…
In 2018 the volume of money supply in the economy of Azerbaijan has grown by more than 8%, Elman Rustamov, the Chairman of the Central Bank, said at a meeting with members of the American Chamber of Commerce in Azerbaijan (AMCHAM). Rustamov noted that despite the fairly large liquidity in the banking sector, there were…
On November 1 the price for natural gas for the population grew by 23.5%. The corresponding decision was earlier approved by the Cabinet of Ministers. Taking into account the delivery and VAT, the new gas price amounts to UAH 8.55 thousand per 1,000 cubic meters for the population, and UAH 8.36 thousand for district heating…
The National Bank of Ukraine (NBU) has revoked the banking and general licenses of PJSC Commercial Bank Center and PJSC VS Bank, the NBU press service reports. “The National Bank of Ukraine has revoked the banking and general licenses of PJSC Commercial Bank Center and PJSC VS Bank to conduct foreign exchange operations. The relevant…
A red dry wine “Alaverdi Tradition” produced by the Georgian wine company Badagoni is among the top 100 wines of the world, announces Badagoni. “Alaverdi Tradition” was named one of the world’s best wines by the jury of the prestigious Sydney International Wine Competition in Australia. In the competition, wines from the most prominent winemaking…
Minister of National Economy of Kazakhstan Timur Suleimenov has announced a forecast of the country’s social and economic development for 2019-2023. “The forecast is based on the statistical reporting data on GDP for 2017, the results of economic sectors in seven months of the current year, and the trends on world commodity markets,” said Timur…
By 2030 there are plans to reduce the unemployment rate to 4% in Azerbaijan, as well as to bring the unemployment rate among women and youth to a minimum, according to the Employment Strategy of Azerbaijan for 2019-2030. The unemployment rate in Azerbaijan in 2017 was 5%, the unemployment among women was 5.9%, among young…