The total public debt of Uzbekistan until the end of 2021 is projected to reach $28.3 billion (45.3% of GDP), according to the “Budget for Citizens” report, compiled by the Ministry of Finance. The total debt last year was $23.3 billion and in 2019 – $17.8 billion. “Despite the growth dynamics, the public debt remains…
A representative of the Ukrainian President Volodymyr Zelensky’s Office says that the structure of Ukraine’s exports should be changed by promoting domestic products with high added value onto foreign markets. This was stated by deputy head of the Office of the President of Ukraine Ihor Zhovkva at a meeting of the Council of the Ukrainian…
In February, the growth of Ukraine’s retail trade turnover was 5.6% compared with 3.5% in January, according to the press service of the Ministry of Economy, Trade and Agriculture Development. In January-February, Ukraine’s retail trade turnover increased by 4.6%. “The positive dynamics of the industry, first of all, shows the resumption of activity in most…
From March 28, it will be possible to fly from Estonia to Ukraine when flights resume from Tallinn Airport. More destinations will be added to the schedule throughout the summer. The airport said there were currently nine lines operating and a 10th would be added on March 28. Flights can be taken to the following…
Kazakh company BI Group is intending to invest $9.5 million in the construction of Hampton by Hilton hotel in the Uzbek capital. March 20 saw the ceremony of laying the time capsule in the foundation of the future hotel. It will house 120 rooms and a business center. The project is to start in May,…
Tax and insurance payments arrears of entrepreneurs could be restructured, the Ministry of Economy and Finance of Kyrgyzstan reports. The ministry noted that a law was signed in August 2020 on restructuring arrears on accrued interest, penalties, tax sanctions and fines on insurance payments. It was adopted to support citizens, business and the financial sector…
The State Tax Service of Ukraine will ensure effective cooperation with the newly established Bureau of Economic Security so that to reduce the shadow economy and eliminate unfair competition, Head of the State Tax Service Oleksiy Liubchenko has stated. “We constantly hear from business about insecurity from the willfulness of various state law enforcement agencies.…