Latvia: construction output up in Q1 2017

Compared to the corresponding period of 2016, construction output in Latvia increased by 8.4% in Q1 2017. Construction production output at current prices amounted to 222 million euros. Construction output growth was recorded in all types of construction: 18.9% in construction of residential buildings, 7.2% in construction of non-residential buildings and 4.1% in construction of…

Belarus: broad money supply up in April 2017

As of May 1 broad money supply in Belarus totaled Br33.843 billion, up by 2.1% MoM. Broad money supply includes cash in circulation and account deposits of individuals and legal entities, the official website of the National Bank of the Republic of Belarus declared. In April cash in circulation (monetary aggregate M0) increased by 7.2%,…

Tajikistan: gold reserve up in April 2017

Tajikistan’s gold reserves reportedly increased by 2.3 tons in six months to May 1, reaching 14.6 tons. Tajikistan has climbed three places in World Gold Council rankings to become the 64th among top 100 countries with the largest gold reserves. According to April rankings of the World Gold Council, Tajikistan’s gold reserves reached 14.6 tons,…

Belarus: inflation at 0.7% in April 2017

In April the index of consumer prices for goods and services totaled 100.7% as against March and 102.4% as against December 2016, the National Statistics Committee of Belarus reported. In April the basic index of consumer prices that disregarded changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.1%…

Ukraine: Antonov to become JSC

The Cabinet of Ministers of Ukraine has decided to transform Antonov and Plant 410 CA state-owned enterprises, which are part of Ukroboronprom state-owned defense giant, into joint stock companies. The relevant resolution was adopted at a government meeting on May 11. “This will improve the corporate management of enterprises, as well as attract investors,” said…

Tajikistan: parliament ratifies financial agreement for rehabilitation of Dushanbe-Qurghon Teppa highway

Deputies of Tajikistan’s lower house (Majlisi Namoyandagon) of parliament have unanimously voted for ratification of a financial agreement for rehabilitation of the Dushanbe-Qurghon Teppa highway that was signed between the government of Tajikistan and the Asian Development Bank (ADB) in November last year. A regular sitting of the Majlisi Namoyandagon, presided over by its head,…