Ukrainian President Petro Poroshenko has said that a priority of work in 2018 will be privatization and the replacement of the profit tax with the tax on withdrawn capital. “In 2018 our priorities in reforms are no less ambitious – privatization, deregulation, improving investment climate, national bureau on financial security, tax on withdrawn capital, liberal…
Following the results of 2017 Ukraine ranked second in terms of butter supplies to the European Union, Deputy Minister of Economic Development and Trade – Ukraine’s Trade Representative Natalia Mykolska informed on her Facebook page. “Ukraine once again confirmed the existing status quo as a reliable and important player in the European Union’s agrarian market.…
In 2017 the Belarusian automobile engineering company BelAZ exported about 96% of its output, according to the BelAZ website. In 2017 Belarus’ export rose by 84.8% from 2016. Russia remained the main market, with the sales growth rate at 173.2%. The top three buyers in physical terms also included Uzbekistan and Kazakhstan. The growth rate…
According to preliminary data of the Central Treasury, the republican budget received 140.4.2 billion soms in 2017, the Ministry of Finance of Kyrgyzstan reported. The main part of the revenues is tax revenues – 91,462.8 billion soms. This is 9,977.1 billion soms more than in 2016. At the same time, the taxes and fees replenished…
The launching of Baku-Sofia direct flight will contribute to the development of tourism and business relations between Azerbaijan and Bulgaria, Bulgarian Prime Minister Boyko Borissov said. Borisov made the remarks at an expanded meeting with Azerbaijani President Ilham Aliyev in Baku on January 15. “An encouraging fact is that up till now we have resolved…
Gas reserves in Ukraine at a current rate of production, which is about 20.5 billion cubic meters per year, will be enough for 22 years, according to the Chairman of the NJSC Nadra Ukrayny Board Yaroslav Klymovych. “There are 402 hydrocarbon deposits in Ukraine, including 269 deposits being in commercial development. Ukraine’s state balance of…
Lviv plans a UAH440 million bond issue (to be issued in two tranches in 2018), Fitch Ratings said in a press release on January 15. “For 2018 Lviv’s direct debt may increase to UAH 440 million, or a still 4.7% below current revenue (from less than 0.1% in 2014-2017), if the city is successful in…