Kazakhstan: bearish export prices for wheat flour predominate

During two recent weeks the export market of wheat flour in Kazakhstan demonstrated a bearish price trend.

According to the analysts, this is largely due to lowering demand for the product from major countries-importers. (APK-Inform/Business World Magazine)

Kazakhstan: average grain yield up

In 10 recent years the average grain yield in Kazakhstan increased by 30%, from 1.02 ton/ha to 1.33 ton/ha, the Ministry of Agriculture of the Republic of Kazakhstan declared. According to the announcement, Kazakhstan increased the general effectiveness of grain production, and agrarians learned how to minimize losses in good crop years, and to the…

Ukraine: 2017 state budget passed

Overnight into December 21, the Verkhovna Rada (Parliament) passed the state budget for 2017. Fiscal revenues for 2017 are envisaged at 721.4 billion UAH and expenditures at 790.4 billion UAH. The budget deficit was set at 77.5 billion UAH. The following macroeconomic indicators are proposed for 2017: GDP growth at 3-4%; inflation at 8.1%; forecast…

World: four countries sign a memorandum to develop the Trans-Caspian route

In the course of a quadruple meeting with participation of Azerbaijani Railways Head Javid Gurbanov, Kazakhstani Railways President Kanat Alpysbayev, Turkish Railways CEO Veysi Kurt and Georgian Railways Chairman Mamuka Bakhtadze, the parties discussed the development prospects of the Trans-Caspian international transport route, issues of increasing freight traffic along this route and optimization of tariffs.…