In July-September, gross domestic product (GDP) increased by 4.8% YoY, according to seasonally and calendar non-adjusted data. According to provisional estimations, the GDP was affected by a rise of 1.3% in producing sectors and of 6.1% in services sectors, according to the flash estimate of the Central Statistical Bureau (CSB). Compared to Q2, GDP increased…
The Lithuanian capital is set to phase out the use of coal and peat briquettes for heating until June 1, 2023. The City Council of Vilnius amended regulations to prohibit the use of the polluting solid fuel for heating in the future, but dropped the proposal to introduce the ban immediately. Vilnius Vice Mayor Valdas…
Property taxes will be raised to increase the revenue side of the budget of Kyrgyzstan, the member of the Parliament Dastan Bekeshev reports. According to him, the Parliament approved amendments to the 2021 budget and the draft budget for 2022 in the first reading. The ambitious plans that were set had not been fulfilled. While…
Ukraine and Tajikistan are stepping up cooperation in priority sectors of the economy. On October 27, the 6th Meeting of the Joint Ukraine-Tajikistan Intergovernmental Commission on Economic Cooperation was held online, chaired by Deputy Minister of Economy of Ukraine – Trade Representative of Ukraine Taras Kachka and Deputy Minister of Economic Development and Trade of…
In January-September, Ukroboronprom’s enterprises increased the production of armaments and military equipment by 27.4% YoY or by UAH 5.78 billion, according to the press service of the state concern Ukroboronprom. “Ukroboronprom’s enterprises increased production by almost UAH 6 billion: UAH 26.83 billion over nine months of 2021 against UAH 21.05 billion in the same period…
Hilton Garden Inn was opened in the central part of the Georgian capital city of Tbilisi on October 26. Prime Minister Irakli Garibashvili stated at the opening ceremony that “another important brand of a luxury hotel has been added to our capital”. Garibashvili congratulated and thanked investor and Redix Group founder Lasha Papashvili for implementing…
On October 26, members of the Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee passed for the second reading amendments to the Law on Ports. These amendments provide for remaking the seaports of Riga and Ventspils into capital companies. Amendments were supported by seven members. One member voted against. The term for the submission of…