In January-December 2016, according to preliminary data of the State Statistics Committee, the volume of gross domestic product (GDP) in current prices amounted to 199325,1 billion soums, while the growth in comparison with January-December 2015 made up 7.8%. GDP growth was mainly influenced by following economic activities: construction (112.5%), trade, accommodation and food (113.4%), transportation…
Parliament of Uzbekistan adopted a decision on the introduction of 10,000 bill in the country, its design was also approved. According to a source in the Central Bank, the first banknotes will be put in circulation in the near future. As of today, the largest Uzbek banknote is 5,000 sum. It was put in circulation…
Kazakh state-owned Damu Entrepreneurship Development Fund will provide a credit line to Kazakh Kazkommertsbank in the amount of 1 billion tenge. The credit line will be directed to ‘Almaty Innovation’ program, which envisages financing of small and medium-sized businesses in the city of Almaty. As much as 500 million tenge of the credit line are…
Kazakh National Bank forecasts inflation rate in the country to decrease to 6.5-7% in 2017, and to begin to smoothly enter the target range of 5-7% in 2018, the bank said in a message. “Slowdown of inflation will occur on account of a decrease in inflation expectations, an enhancement of stability and predictability of the…
Bank Globus (Kyiv) does not have money of individuals received from officials of the National Bank for Development (VBR) being under liquidation on the bank’s accounts, bank Globus said on its website. Bank Globus received neither from the Prosecutor General’s Office of Ukraine nor from courts the rulings or resolutions on the arrest of the…
Ukraine’s Energy and Coal Industry Ministry hopes that the share of nuclear power plants (NPPs) in the total power generation in March will be 56.1% or 7.9 billion kWh. The figure is outlined in the forecast balance of electricity for March approved by the ministry on February 17. Earlier it was planned (according to the…
The state-run enterprise Ukrainian Sea Port Authority has determined the opportunities for developing ports of the Danube region. The press service of the enterprise has reported that Ukrainian Sea Port Authority Head Raivis Veckagans has given the information during his visit to Izmail, Ust-Dunaisk ports and the Reni special economic zone. “The Sea Port Authority…