Structural reforms, including those in the banking sector, will help ensure the growth of Azerbaijan’s GDP, reads the latest edition of the World Bank’s (WB) Global Economic Prospects report. The report says Azerbaijan’s economy will grow by 0.6% in 2018 and by 1.3% in 2019. Since the beginning of 2017, Azerbaijan’s economy began to recover,…
The state and government-guaranteed debt of Ukraine in January-April rose by $3.33 billion, or by 4.7%, to $74.31 billion as of April 30, according to the Finance Ministry’s website. The debt in hryvnia equivalent for the said period went up by UAH 3.16 billion, or by 2.2%, to UAH 1.973 trillion. According to the given…
LOT Polish Airlines is to launch on August 4 a new international flight between the western Ukrainian city of Lviv and the Polish city of Bydgoszcz, according to the Lviv Regional State Administration. The flights will be performed twice a week on Mondays and Fridays, according to the schedule published by Lviv Danylo Halytskyi International…
In June, UAH 725 million in subsidies will be paid to farmers, which is almost three times as much as in May, the press service of the Agrarian Policy Ministry reports. “The Agrarian Policy Ministry of Ukraine transferred to the non-budget account of the State Treasury Service of Ukraine UAH 692 million for automatic payment…
Turkmenistan’s GDP growth rate was 6.3% in January-May, Bashim Khojamamedov, deputy prime minister for economy and finances, said at a government meeting on June 3. The growth rate was 2.9% in industrial sector, 4.1% in construction, 10.8% in transportation and communication sector, 9.5% in trade, 3.6% in agriculture, and 10.2% in the sphere of services,…
Turkmenistan will start wheat-harvesting campaign in the Ahal, Balkan, Lebap and Mary provinces on June 7 and in the Dashoguz province on June 14, the country’s Agriculture Ministry reported on June 3. It is planned to harvest 1.6 million tons of wheat in 2017. Turkmenistan harvested 1.6 million tons of wheat in 2016. The country…
On June 2, Latvian airline airBaltic received the fourth out of twenty ordered Bombardier CS300 aircraft. airBaltic plans to expand its existing fleet of CS300 aircraft to 8 in 2017. Airline’s representatives say a more modern fleet will help expand and service 13 new destinations, as well as increase ticket sales by 15%. “The fourth…