In Q1 at least 112,100 economic entities operating in tourism sector were registered in Kyrgyzstan, the National Statistical Committee reported. Most of them are located in Bishkek (20,900 legal entities and individuals, or 18.7%), Osh (19,100, or 17.1%) and Chui (16,600, or 14.9%) regions. At the same time, 12,800 subjects are registered as enterprises providing…
The World Bank’s “Azerbaijan Employment Support Project” will help expand the self-employment program, according to the statement made in the Azerbaijani Ministry of Labor and Social Protection of Population during a meeting with the preliminary assessment mission on the WB’s “Azerbaijan Employment Support Project”. Attracting the unemployed to self-employment will provide them with access to…
Ashgabat hosted a meeting of Belarus Deputy Minister of Healthcare Natalia Zhukova with Minister of Healthcare and Medical Industry of Turkmenistan Nurmuhammed Amannepesov. The parties discussed the prospects for the development of cooperation in the field of healthcare, as well as in the medical and pharmaceutical industries. The most important direction is the purchase of…
In January-June exports of Ukrainian agricultural products amounted to $10.3 billion, up by 18.6% YoY or by $1.6 billion, according to Acting Agrarian Policy and Food Minister of Ukraine Olha Trofimtseva. “The foreign trade turnover of agricultural products reached $13.1 billion, or 25.1% of Ukraine’s total foreign trade turnover,” she said. Ukraine continues to increase…
Ukrainian banks will open new accounts to their customers, using international bank account numbers (IBAN) from August 5. Banks will change existing numbers of accounts, preserving the existing number of analytical accounting, the National Bank of Ukraine said on its website. From November 1 the use of IBANs will be mandatory for customers of all…
The average interest rate on housing loans in Estonia was 2.6% and the average rate for corporate loans 2.9% in June, which might indicate reduced competition in some segments of the loan market, Bank of Estonia economist Raido Kraavik said in the central bank’s statement on June banking sector statistics. The average rate of 2.6%…
Informal employment makes up more than 60% of the labor market in Kyrgyzstan. The International Labor Organization provides such data. Informal employment is the so-called black labor market, not covered by government regulation. It involves non-recognition of the rights of workers, their vulnerability, poverty, and lack of development prospects. Informal employment reaches 29.6% in Kazakhstan,…