Ukraine: IMF welcomes economic achievements

According to the results of the second review of implementation of the IMF program by Ukraine, the fund is “impressed” by the government’s efforts to carry out reforms and renew its economy. Director of the IMF’s European Department Poul M. Thomsen said this during a press conference in Washington. “We see that (economic) policy is…

Ukraine: flour production continues to drop

Over the 8 months of 2016 flour production in Ukraine lowered by another 6%. In January-August Ukraine produced 1.212 MMT against 1.288 MMT over the same period of 2015. Flour production went down in all the key producing regions: Kharkov, Dniepropetrovsk, Kiev, Kherson, Odessa, etc. In contrast to the mentioned regions, production in Luhansk region…

Russia: 12.1 million tons of grains exported

According to territorial directorates of the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor), in July-September the exports of grain crops and its by-products from Russia totaled 12.5 million tons, the press-service declared. The exports of the reporting products, not including cargo movements to the territory of the Customs Union, totaled 12.1 million tons, down…

Turkmenistan to open railway to Afghanistan in November 2016

Turkmenistan’s President Gurbanguly Berdimuhamedov held a meeting dedicated to the upcoming commissioning of the first phase of the transnational railway trunk: Asia international railway transportation corridor, the Turkmen government said in a message. This is the construction of the Atamyrat-Imamnazar (Turkmenistan) – Akina (Afghanistan) section. The completion of the construction and installation work is scheduled…