Armenia: government debt down in February 2018

Armenia’s government debt decreased by 0.6% in February, official data reveals. According to information provided by the finance ministry, the country’s debt totaled $6.898 billion in January and dropped to $6.851 billion the next month. The foreign debt is down by 0.2% in the reporting period, decreasing from $4.963 billion in January to $4.950 in…

Belarus: BelGee aiming for long-term goals

The management of the BelGee factory is intent on enabling conditions for the future development of the enterprise, Belarusian First Deputy Industry Minister Gennady Svidersky said, who is the acting director general of the enterprise now. The executive said: “Making cars, which can compete on the global market, is the key task for us. If…

Kazakhstan: rapeseed prices stable

For the last one and half month the price tendency on rapeseed market of Kazakhstan has been stable due to the sufficient supply of the product from the farmers. Since the beginning of February the bid prices on rapeseed have been declared usually in the range of 110-125 thousand tenge per ton CPT. (APK-Inform/Business World…

Ukraine: export of eggs up in January-February 2018

Ukraine in January-February exported 15.45 thousand tons of eggs, up 1.9-fold YoY. The State Fiscal Service of Ukraine (SFS) informs that in monetary terms egg exports totaled $14.97 million compared to $6.99 million in January-February 2017. The main importers of Ukrainian eggs are the United Arab Emirates ($5.85 million), Iraq ($3.07 million) and Qatar ($1.27…

Ukraine: macroeconomic situation remains unstable

The macroeconomic situation in Ukraine remains unstable, vulnerability of the fiscal system in the past years has grown, World Bank Country Director for Belarus, Moldova and Ukraine Satu Kahkonen has said. She said that the vulnerability had increased in the past years, taking into account the fact that government’s expenses grew, as the government increased…

Azerbaijan: economy continues to grow

Azerbaijan’s GDP volume exceeded 11.54 billion manats in January-February, up by 1.3% YoY, according to a report of the State Statistics Committee. The volume of GDP per capita stood at 1,178.7 manats. In January-February the volume of GDP produced in the non-oil sector of the country increased by 2.3%, while no growth was observed in…

Estonia: budget to reach balance by 2020

At a meeting with representatives of the International Monetary Fund (IMF), Prime Minister Juri Ratas (Center) said that Estonia met the objective of medium-term budget balance and according to current plans should reach a balance by the year 2020. At the meeting Ratas introduced the Estonian government’s budget policy as well as activities to support…

Ukraine: airports passenger flow up in January-February 2018

In January-February the number of passengers carried by Ukrainian airlines rose by 8.8% YoY, and the passenger traffic flow through Ukrainian airports increased by 19.3%, according to the State Aviation Service of Ukraine. “In January-February the volume of passenger-carrying operations of Ukrainian airlines increased by 8.8% and totaled 1,344.4 thousand people. The volume of international…

Ukraine: vehicle production up in February 2018

In February Ukrainian plants manufactured 721 motor vehicles, up almost 2-fold YoY, the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm reported. The largest share of motor vehicle production was made up by cars, which totaled 606 unit (all manufactured by ZAO Eurocar: up by 134% YoY and by 26.5% MoM). Also, in February 35 trucks were…