From January 1, 2022 Tariffs of AS Latvijas Gaze for households will increase by 54.2% to 93% depending on consumption volumes, according to the official entry in the Latvian Herald. For households that consume up to 250 cubic meters of gas the differentiated end tariff with VAT and excise tax for the first half-year of…
The 2022 state budget, passed at the Riigikogu on December 8, includes a component for the cultural sector, which totals close to EUR 300 million. The total culture budget comes to EUR 290 million (or 2% out of the total EUR 13.633 billion expenditures), with EUR 2 million of this going towards support for the…
In November, the gross international reserves of Kyrgyzstan reached $2,947.11 billion, website of the National Bank of the Kyrgyz Republic said. Over the past month, the gross international reserves decreased by $202.8 million. At the same time, they still remain at a high level. Since the beginning of the year, the reserves have increased by…
The National Bank expects that the inflow of foreign direct investment in Ukraine in 2021 will amount to $6.5 billion. “At year-end 2021, we expect that the inflow of foreign direct investment will total $6.5 billion, and the greater part of this amount arises, as the companies with foreign capital reinvest their income and profits…
Kyiv’s draft budget for 2022 lays down a revenue target of over UAH 69 billion (nearly $2.6 billion). That’s according to Kyiv Mayor Vitaliy Klitschko, who spoke at the opening today’s meeting of the Kyiv City Council. “Today we have an important meeting. We have to consider and approve the capital’s budget for next year…
On December 9, the Saeima passed in the first reading amendments to the Law on Excise Tax. The goal of these amendments is reducing excise tax for natural gas, improving accessibility of gas refueling stations for vehicles powered by gas, as well as developing gas infrastructure. The goal of amendments to the Law on Excise…
Despite two major concurrent crises – the combustible situation on Lithuania’s border with Belarus and the COVID-19 pandemic, the country’s ruling party, the Homeland Union – Lithuanian Christian Democrats (HU-LCD), known as Conservatives colloquially, have been ensconced cosily behind the Social Democrats in many recent party support polls. But a major test to the HU-LCD-orchestrated…