Electricity consumption in Georgia in February increased by 9.9% YoY and amounted to 149.23 million kWh, the Electricity System Commercial Operator of Georgia (ESCO) reported. According to ESCO, electricity consumption by cryptocurrency factories and manufacturers increased by 57.6%. In the reporting period, Tbilisi consumed 8.5% more electricity than in the same period last year. As…
The National Bank of Ukraine (NBU) sold $200 million in the interbank market on March 19 to smoothen out excessive exchange rate fluctuations, the central bank wrote on its Facebook page. “We still do not set the exchange rate. There is a flexible exchange rate in the country. However, our goal is to avoid sharp…
JSC CB PrivatBank has become the 14th bank to join the BankID remote identification system of the National Bank of Ukraine (NBU). “We have very good news – PrivatBank has joined the BankID of the NBU! Now PrivatBank clients will be able to get remote access to financial, administrative and commercial services through the BankID…
The government decided on March 19 to launch a EUR 2-billion package of measures to boost the economy and mitigate the effects of the crisis caused by the coronavirus, Prime Minister Juri Ratas (Center) said. “The members of the government gave their approval to a package of measures of EUR 2 billion, which represented nearly…
Georgia’s domestic exports (exports without re-exports) amounted to $526.3 million in January-February, up by 4.5% YoY, showed the preliminary data from the National Statistics Office of Georgia (Geostat). The share of domestic exports (export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing) in total…
Changes to a number of bus routes were made in Almaty due to quarantine regime introduction in the city, the city’s akimat (administrative center) reported. On March 15, President Kassym Jomart Tokayev signed a decree introducing an emergency state in Kazakhstan due to coronavirus outbreak, relevant from 08:00 (GMT +6) on March 16 till 08:00…
The average wage in Ukraine in January amounted to UAH 9,581, according to the Pension Fund of Ukraine. “The average wage rate for January, totaling 9,581 hryvnias 38 kopecks, was approved, from which insurance contributions were paid and which, in accordance with the Law of Ukraine “On Compulsory State Pension Insurance”, was taken into consideration…