The Acting Defense Minister Levan Izoria told lawmakers on June 20 that in the near future Georgia would receive the most modern, man-portable air defense system – FIM-92 Stingers – from the United States. Izoria said that together with Javelins, the new systems would significantly empower the country’s self-defense capabilities. Stinger (FIM-92) is a man-portable…
About one million Ukrainians will receive raised pension payments from July 1, 2018, according to Deputy Prime Minister Pavlo Rozenko “From July 1 the minimum subsistence level will be raised for persons who have lost the ability to work. Pension payments will be increased for approximately one million Ukrainians,” Rozenko said, explaining that payments would…
In January-May Ukraine’s local budget revenues increased to UAH 89.7 billion, up by 24.1% YoY, Vice Prime Minister – Minister for Regional Development, Construction, Housing and Utilities Hennadiy Zubko posted on his Facebook page. “In January-May local budget revenues increased to UAH 89.7 billion. The growth in revenues against the corresponding period last year amounted…
In the first quarter of 2018 the real growth rate of gross domestic product (GDP) amounted to 5.3% YoY in Georgia, says the National Statistics Office of Georgia (Geostat). In the reporting period the GDP deflator increased by 4.3% and the nominal GDP totaled 9.15 billion GEL. In Q1 the estimated real GDP growth, compared…
Latvian ports handled 27.072 million tons of freight in the first five months of this year, down by 7.5% YoY, according to data compiled by Transport Ministry. The majority of freight handled by Latvia’s ports consisted of bulk cargoes – 14,701,000 tons, down by 6.7%. The volume of coal handled by ports was 7,852,000 tons,…
Localization at the Belarusian-Chinese car manufacturing joint venture BelGee has reached virtually 50%. Belarusian Industry Minister Vitaly Vovk made the relevant statement. When asked when the joint venture would reach the 50% localization target, the official noted: “We have virtually reached the goal.” Vitaly Vovk said that two enterprises were launched together with the holding…
A regular dialogue between Ukraine and Moldova at the governmental level has contributed to a significant increase in trade between the countries, which amounted to $885 million in 2017, and is expected to grow to $1 billion in 2018, Deputy Prime Minister of Ukraine Volodymyr Kistion said at a meeting with Minister of Economy and…