Turkmenistan remains a key natural gas holder in the center of Eurasia, an area, which has long failed to realize its huge potential due to geopolitical developments and economic changes. The total natural gas reserves of Turkmenistan are estimated at 50.4 trillion cubic meters. As many as 19 oil and gas-oil and 65 gas fields…
Next year, Estonia will see its largest defense budget so far. According to Minister of Defence Juri Luik (IRL), funding Estonia’s national defense continues to be a priority. The defense area accounts for about EUR 528 million in next year’s state budget, which is the largest defense budget in Estonian history, according to the Ministry…
Road Transport Administration plans to speak with Riga and Pieriga administrations about the fractured public transport system in the region, says the administration’s chairman Kristians Godins. Organization for Economic Co-operation and Development has concluded that transport planning in Riga and its region is fragmented and does not reflect Riga region’s scale. OECD believes coordination among…
The economic growth in Kazakhstan has amounted to 4.3% since the beginning of this year, the First Vice-Minister of the National Economy of Kazakhstan Ruslan Dalenov said on September 19 during a government meeting. “After the slight slowdown of 4% in July, the economic growth accelerated to 4.3% during the eight months of this year,…
Ukraine’s gross external debt as of early July was $114.836 billion, up by 1.05% from the beginning of the year, according to the website of the National Bank of Ukraine (NBU). Since the beginning of the year, the gross external debt of the country has increased by 1.16%. According to the central bank, the debt…
Next year, the minimum wage will grow from UAH 3,200 to UAH 3,723 ($142). The minimum living wage per person will be UAH 1,700 from January 1, 2018, UAH 1,777 from July 1, and UAH 1,853 from December 1, 2018. Such a growth of social standards is stipulated in the draft Law of Ukraine “On…
Azerbaijan has purchased new artillery guns from the Czech Republic. The DANA self-propelled artillery guns of the Czech production have been delivered to Azerbaijan and are being used in large-scale exercises involving various branches of Azerbaijani Armed Forces, the Defense Ministry reported on September 18. First introduced in 1977, DANA systems have a firing range…