International reserves of Kyrgyzstan reduced by $20 million in March, the National Bank of Kyrgyzstan reported. As of the end of March, gross reserves amounted to $1,971.4 billion. In February the figure was slightly higher – $1,991.49 billion. At the same time, compared to December 2016, the country’s reserves grew by $2.27 million. In March…
Azerbaijan is ready to open a trading house in the UAE and appoint a trade representative there, Azerbaijani Economy Minister Shahin Mustafayev said. He made the remarks at the 6th meeting of the Azerbaijan-UAE intergovernmental commission for trade, economic and technical cooperation in Dubai, reads a message of Azerbaijan’s Economy Ministry. Speaking about trade relations…
Citibank (Kyiv) has decided to send UAH 1.269 billion to pay dividends, the bank has said in a report. The decision was made by the bank’s shareholders at a general meeting on April 19. Dividends will be paid within six month from the moment of the decision-making. Dividends will be paid directly to shareholders. Citibank…
The European Bank for Reconstruction and Development (EBRD) intends to buy a stake in state-owned Oschadbank (Kyiv) in the amount of 10-25% depending on the price, and sell it in three or five years at one of the Ukrainian exchanges, EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige has said. “We are…
Public joint-stock company Ukrtransnafta in 2016 saw an 11.7% rise in net profit compared to 2015, to UAH 1.519 billion, the company’s press service reported on April 21. The press service said that taxes and duties paid grew by 64.3%, to UAH 2.19 billion. The large growth of payments to the national budget is linked…
Due to an increase in minimum wage to UAH 3,200, revenues to the national budget from military tax collection in January-March grew by 30%, the State Fiscal Service of Ukraine reported. “In January-March revenues to the state budget under the budget classification code 11011000 (military tax collection) amounted to UAH 3 billion 146.8 million, which…
A contract has been signed for the development of a reconstruction project of Zakusala television tower. The contract provides that a reconstruction project is to be developed in the next two years. The project itself will include reconstruction of technical and administrative rooms, as well as the publicly accessible portion of the television tower, which…