Minister of Finance Toomas Toniste (IRL) said that increased economic growth, which is increasing revenues to the state budget, should not mean an increase in expenditures. “My wish is that next year, when revenues increase, we do not increase spending,” Toniste said at the government press conference. “This will generate additional funds and we will…
The amount of currency purchased by Uzbekistan’s banks since the introduction of free currency conversion on September 5 exceeded $300 million, according to the country’s Central Bank. Of the total amount of the purchased currency, more than $200 million was sold to the population via currency exchange offices and $100 million was received from exporters.…
Prices for consumer goods and tariffs for services in Azerbaijan increased by 0.2% MoM in August, the country’s State Statistics Committee reported. Prices for foodstuff increased by 0.3%, while the prices for non-food goods – by 0.1%. The cost of paid services increased by 0.2%. In January-August prices for consumer goods and tariffs for services…
The plant for the production of asphalt and bitumen DesFumeks LLP will be launched in the South Kazakhstan region by the end of the year. The cost of the project in the industrial zone “Ontustik” is 120 million tenge. The plant is expected to produce annually 10 tons of bitumen, 8,000 tons of coarse-grained and…
In the current week the Ukrainian export market of soybean oil demonstrated some increasing of selling prices, due to rather high demand for the product. As of September 13 selling prices for hydrated soybean oil usually varied within the range of $770-775/ton FCA, crude soybean oil – $730-750/ton FCA, up nearly by $10-20/ton compared with…
Industrial production in Estonia in July fell by 3.1% compared to June, but rose by 4.7% compared to July of last year, according to data published by Eurostat. Industrial production in the Eurozone rose by 0.1% MoM in July, but fell by 0.3% in the EU. Meanwhile, July production increased by 3.2% YoY in the…