Inflation of close to 5% is likely to remain for several months and may even be exceeded in some months, according to an economist from Scandinavian-owned bank SEB. Mihkel Nestor, economic analyst at SEB Estonia, said: “In the second half of 2020, the consumer price index (CPI) fell by 1% on average per month, but…
The overall unemployment rate in Kyrgyzstan does not exceed 5-6%, UN Women reports. According to the organization, the most vulnerable are young people from 15 to 28 years old. The overall unemployment rate in this age group has dropped from 11.6% to 10% over the past five years. However, unemployment among young women (13.6%) continues…
The state debt of Uzbekistan as of July 1 stood at $24.2 billion, or 35.8% of GDP, according to the Ministry of Finance. The state external debt amounted to $21.8 billion and the internal debt stood at $2.4 billion. “The reasons for the growth of the state debt by $858.6 million in the first half…
In January-August, Boryspil International Airport serviced 5,816,254 passengers, up by 66% YoY. In particular, over the eight months of this year, Boryspil Airport provided air service to 3,339,622 passengers traveling by regular flights and 2,476,632 traveling by charter flights. In August, Boryspil Airport serviced 1,251,316 passengers, including 827,556 passengers carried by regular flights and 423,760…
The National Bank of Ukraine (NBU) purchased $159 million on the interbank foreign exchange market last week, according to data provided by the central bank. According to the results of foreign exchange interventions, the National Bank bought $159 million on the interbank foreign exchange market between August 30 and September 3. The regulator also sold…
People from Taiwan have increased their spending in Lithuania’s online stores amid growing ties between the two countries. According to the data from Taiwan’s institutions, residents of the island’s seven large cities made approximately 112,000 credit card payments, worth more than 2.5 billion new Taiwan dollars (around EUR 76 million), in Lithuanian stores between February…
In order to increase the export, sale, competitiveness and awareness of Georgian wine abroad the government of Georgia has decided to co-finance marketing campaigns of wine companies in export markets except for CIS countries. Agriculture Minister Levan Davitashvili announced that the government had approved the new state program to promote Georgian wine abroad. The program…