That the price of butter has reached record highs in recent months and grocery stores have faced butter shortages is the result of a major increase in demand for milk fat in a situation where supply has always been unable to keep up with demand, according to the Ministry of Rural Affairs. Industrial and household…
In January-August the port of Ventspils handled 15 million tons of cargo, up by 17% YoY. According to the port authority, in August the port handled 152 million tons of cargo (+8%). The growth was mainly driven by the increase in transshipment of coal and cargoes carried by ferries. The number of passengers carried by…
Two Belarusian companies, namely OAO Mogilev Meat Packing Plant and OOO Veles-Meat, are launching frozen beef export to China, Aleksei Bogdanov, head of the Foreign Trade Department at the Belarusian Agriculture and Food Ministry, announced. “The first two Belarusian meat producers have started exporting beef to the Chinese market,” Aleksei Bogdanov said. “We are not…
According to the First Deputy Minister of Agriculture Kairat Aituganov, demand for Kazakh oilseeds and legumes in Europe is growing. “The traditional markets for Kazakh grain are Central Asia and Afghanistan. And it should be noted that this year the sales markets are the same, but we are entering new markets with crops that have…
As of July, migrants transferred $1.3 billion to Kyrgyzstan, the National Bank reported. It is noted that in July the net inflow of remittances was formed in the amount of $228.8 million. Over the month, the volume of transfers decreased by $10 million. At the same time, the main part is transfers from Russia –…
Tax revenues of Azerbaijani state budget exceeded 4.67 billion manats in January-August, up by 0.1% from the forecast, said the country’s Taxes Ministry on September 12. The Taxes Ministry is expected to transfer 7.645 billion manats (45.6% of total budget revenues) to the state budget in 2017. Revenues of Azerbaijan’s state budget have been approved…
The National Bank of Ukraine (NBU) has said that risks of the larger deviation of inflation from the targeted range 8% plus/minus 2% at the end of 2017 compared to the figures of the July forecast of the central bank have increased. “The current pace of the general consumer price index and its components shows…