The current volume of gold and foreign exchange reserves provides a sufficient margin of safety to maintain the country’s macroeconomic and financial security, the National Bank of Kyrgyzstan reports. The country’s financial regulator denied reports that there was a sharp decline in gold and foreign exchange reserves. As of July 27, the size of the…
Uzbekistan carried out $4.6 billion worth of construction work during January-June. The country’s statistical committee said that construction volume surged by 100.1% YoY. The public sector completed 95.9% of all works. Large construction organizations carried out construction work worth some $1.15 billion, with the share of small enterprises and microfirms amounting to $2.4 billion. (Uzreport/Business…
The average nominal salary of Ukrainians in June was 23.6% higher than the one they received in June 2020 and amounted to UAH 14,313, the State Statistics Service reported. The average nominal salary of a full-time employee of enterprises, institutions and organizations in June was UAH 14,313, or 2.4 times higher than the level of…
About 1,000 infrastructure projects are currently being implemented in Ukraine under President Volodymyr Zelensky’s Great Construction program and other programs, Deputy Head of the President’s Office and Coordinator of the Great Construction Program Kyrylo Tymoshenko said at the All-Ukrainian Forum “Ukraine 30. Decentralization” in Kyiv on July 28. According to him, such a great number…
New electric scooter parking spots have started appearing in central Tallinn, set aside for the two companies operating rental services to the public: Tuul and Bolt. The parking spaces are free-of-charge and, while not mandatory for riders, their use is encouraged. Bolt spokesperson Kristiin Jets said Tallinn city government had come up with the idea.…
As confirmed by VAS Valsts nekustamie ipasumi (VNI), SBSC won the tender for the improvement of energy efficiency of Valmiera drama theatre. Their offer was declared the most economically advantageous. The total estimated price is EUR 6.57 million (no VAT). If no complaints are received, the contract will be signed soon and construction work will…
President of Kyrgyzstan Sadyr Japarov instructed the Prime Minister Ulukbek Maripov to use the U.S. Generalized System of Preferences (GSP) program to strengthen bilateral relations between Kyrgyzstan and the United States, as well as to support Kyrgyz entrepreneurs at the state level. Under this program, developing countries are allowed to export duty-free up to 5,000…