Georgia intends to increase almond production at least 16-fold in the next 7 years, Almond and Walnut Producers Association (AWPA) reports. According to the AWPA, the harvest of almonds from the currently operating orchards is projected at 14,000 tons (in shell) in 2027. This is a significant increase when compared to about 900 tons in…
The expected growth of retail trade turnover of Turkmenistan will be 17.5% from January through July compared to the same period in 2020. It is expected that in the reporting period, the volume of manufactured products in the country will be higher by 5.2%. Also, the plan for the revenue part of country’s state budget…
The number of unemployed persons declined in the second quarter and is moving now towards the pre-crisis level, state agency Statistics Estonia says. There were 47,300 unemployed persons, 1,500 less than in the first quarter of 2021 and 1,700 less than in the second quarter of 2020. Over half of the unemployed people had been…
Prime Minister of Ukraine Denys Shmyhal assures that the land market continues to function in a routine mode, smoothly and without conflicts. The number of registered transactions exceeded 6,500. “Everyone can exercise the right to freely dispose of land, and the growing number of transactions proves that the market is efficient, transparent and operates for…
Fitch Ratings international rating agency has affirmed the credit rating of Ukrzaliznytsia JSC (Ukrainian railways) at B and improved the rating outlook from stable to positive. The improvement of Ukrzaliznytsia’s credit rating forecast became possible after the forecast of Ukraine’s sovereign rating was changed from “Stable” to “Positive.” “One of the priority tasks is to…
Electricity prices in Estonia have almost doubled over the past year, influenced by the increased demand during the hot summer – thanks to air conditioning units and refrigeration – and a rise in demand in general. The average electricity price rose by EUR 40 just between March and April, while state-owned energy generator Eesti Energia…
Georgia’s external trade turnover amounted to $7.48 billion in January-July, up by 21.8% YoY, showed preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports increased by 27.8% and totaled $2.27 billion, while imports increased by 19.3%, to $5.20 billion. The trade deficit of Georgia in January-July amounted to $2.93 billion,…