Ukrainian President Petro Poroshenko, the government and parliamentary coalition factions have decided to raise the minimum wage in Ukraine from January 1, 2017 to 3,200 UAH, the Ukrainian president said after talks with Ukrainian Prime Minister Volodymyr Groysman. “Starting from January 1, 2017, there will be no employed people in Ukraine who earn less than…
Kazakhstan plans to participate in the OPEC meeting on November 30, in Vienna, Kazakh Energy Minister Kanat Bozumbayev said. Earlier OPEC sent invitations to 12 non-member countries to attend the next OPEC meeting. “We have received OPEC’s invitation through the Ministry of Foreign Affairs, and at the technical level plan to attend the meeting”, Bozumbayev…
Kazakhstan negotiates the launch of new routes during Expo 2017 exhibition in Astana with several foreign airlines, Kazakh Prime Minister’s official website reported with the reference to Investment and Development Vice Minister Berik Kamaliyev. He noted that Finnish airline would launch flight within signed agreements. Moreover Kazakhstan has held negotiations with Polish aviation authorities, an…
According to the regional agricultural departments, as of October 27, agrarians harvested grains throughout 15.34 million ha, or 99.9% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agrarians produced 23.63 million tons of grains, up nearly by 3.9 million tons YoY. The average yield…
Last week growing of milling wheat prices was noted on the export market of Kazakhstan. Factors of price support: – increased demand from major importers; – strengthening of national currency; – increase in milling wheat prices in the Black Sea region. Thus, over the week 12.5% wheat export prices increased by $8-10 to $172-178/MT FOB…
The National Bank of Ukraine (NBU) from October 28, cuts refinancing rate from 15% to 14%. The central bank said in a press release that the decision on the size of the refinancing rate was approved by its board on October 27. “The further relaxation of the monetary policy is linked to the reduction of…
As of October 24, winter crops had been sown at 5952 thousand ha, or 81% of the forecasted area – 7374 thousand ha. This included 5260 thousand ha of winter wheat and triticale (85% from the planned 6198 thousand ha), 148 thousand ha of rye (100% of 147 thousand ha), 544 thousand ha of barley…