The international reserves of Ukraine declined by 1.1% YoY in June, to $17.978 billion, the press service of the National Bank of Ukraine reported. “The international reserves of Ukraine as of July 1 amounted to $17,978.2 million (in equivalent), according to preliminary data. They decreased by 1.1% over June, mainly due to payments on public…
Uzbek joint-stock commercial bank Asia Alliance Bank together with Kazakhstan’s export insurance company KazakhExport and “Alfa Bank” JSC have successfully executed a deal for a total of $1.5 million. The main objectives of the bank’s foreign economic activity are to attract resources of the world financial institutions for financing the sectors of the economy of…
Belarus’ gold and foreign exchange reserves totaled $6.83 billion as of July 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ international reserve assets made up $6.831 billion as of July 1. In June gold and foreign exchange reserves decreased by…
According to the information released by Statistics Estonia, the consumer price index (CPI) in June was up by 0.9% MoM and by 4% YoY. Compared to June 2017 goods were 4.1% and services 3.9% more expensive last month. Regulated prices of goods and services rose by 11.2% and non-regulated prices by 2.1% YoY. Compared to…
Experts say the ongoing labor migration Ukraine is seeing now may impede the country’s economic recovery, which was observed in the first half of 2018. “The only positive example in the Ukrainian realities is what the IT sector has done. Firstly, the introduction of taxation at 5% of the amount of income means the development…
Revenues of local budgets in January-June grew by 23.8% YoY, or by UAH 20.741 billion, to UAH 107.704 billion. Over the said period, the government has carried out interbudgetary transfers to local budgets worth UAH 169.808 billion, which is 95.3% of the allotted appropriations, as reported on the website of the Ministry of Finance of…
Georgia exported 38.2 million bottles of wine to 48 countries in the first six months of 2018, announces the Georgian National Wine Agency. In January-June Georgia generated about $90.3 million from the sale of wine abroad. Revenue increased by 28% YoY, while the volume of exports increased by 21%, said the Georgian National Wine Agency.…