Armenia: wage taxes not to overload entrepreneurs

The proposed amendments to the Tax Code plan a 23% flat income tax, which in turn will reduce year-by-year and reach 20%, Deputy Minister of Finance Arman Poghosyan told lawmakers at hearings of the economic affairs committee. A representative of a civil society organization asked the official, which countries they’d observed in terms of experience…

Kazakhstan: FlyArystan maiden flight lands in Nur-Sultan

FlyArystan low-cost airline has performed its first flight landing in Nur-Sultan, the Telegram Channel of the Civil Aviation Committee of the Kazakh Industry and Infrastructure Development Ministry reads. The solemn presentation of the first flight of FlyArystan low-cost carrier took place at the airport. Samruk Kazyna CEO Akhmetzhan Yessimov, Kazakh Industry and Infrastructure Development Minister…

Ukraine: military expenditure up in 2018

Ukraine’s military expenditure grew by 21%, to $4.8 billion in 2018. Total world military expenditure rose to $1.8 trillion in 2018, representing an increase of 2.6% from 2017, according to new data from the Stockholm International Peace Research Institute (SIPRI). The five biggest spenders in 2018 were the United States, China, Saudi Arabia, India and…

Azerbaijan: Boeing 747 freighter lands at new Istanbul New Airport for first time

The Boeing 747-8F aircraft of the Azerbaijani cargo airline Silk Way West Airlines became the first F-category large cargo airliner that landed at the recently opened New Istanbul Airport. Baku-Istanbul-Baku flight was served by the Turkish “Celebi” ground handling company, which had been providing aviation services at a high professional level for many years. Since…