Turkmenistan’s President Gurbanguly Berdimuhamedov has named the main vectors of the country’s socio-economic development which will be taken into account in the draft 2017 state budget. The president noted that the country would continue the reforms on the integrated diversified economic development. These reforms envisage the implementation of major investment projects of international and regional…
The Executive Board of the International Monetary Fund (IMF) completed the second review of Ukraine’s implementation of an economic program backed by the Extended Fund Facility and approved of the disbursement of a third tranche worth SDR 716.11 million, or about $1 billion, the IMF said in a statement. “This brings total disbursements under the…
Kazakhstan plans to increase oil production to 79.5 million in 2017 and to 86.5 million tons in 2021, according to the 2017-2021 socio-economic development outlook, the Kazakh National Economy Ministry reported. In the baseline scenario, the oil price is expected at $35 per barrel in 2017-2019, with an increase to $45 per barrel by 2021.…
According to regional agricultural departments, as of September 15, Kazakh agrarians harvested grains throughout 9.667 million ha, or 63% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agrarians produced 14.376 million tons of grains, up 2 times YoY (7.081 million tons). The average yield…
Since the beginning of 2016/2017 MY Kazakhstan supplied 992.7 thousand tons of grains and flour in grain equivalent to foreign markets, the Ministry of Agriculture of the Republic of Kazakhstan declared. In particular, the country exported 544.1 thousand tons of grains and 314 thousand tons of flour (448.6 thousand tons in grain equivalent). In 2015/2016…
According to official data, as of September 10, grain crops had been threshed from 9122.2 thousand ha, or 59.4% of the plan. 13557.8 KMT was harvested with the average yield of 1.49 MT/ha. On the same date of 2015, 5679.3 KMT of grain had been harvested from 5091.9 thousand ha with the average yield of…
In 2016/2017 MY, Ukraine will remain the global leader in sunflower seed production with the figure of 13-13.5 million tons, up by 1.8-2.3 million tons (or by16.3-20.7%) YoY, the General Director at the Association Ukroliyaprom Stepan Kapshuk declared. According to him, almost complete processing of sunflower seed on the domestic market of country, due to…