Almost all sectors of the real economy and certain services showed a growing trend in Kazakhstan in January-October. While addressing the November 10 government session, Kazakh Economy Minister Ruslan Dalenov listed the real economic sectors and certain services that saw growth, including construction – a 10.7% rise, information and communications – an 8.2% growth, agriculture…
Ukraine increased the export of poultry meat and by-products by 7.7% YoY, to 359,540 tons in January-October, the State Customs Service reported. According to its data, the export of these products decreased in monetary terms by 2.3%, to $468.53 million. At the same time, the import of poultry meat and by-products decreased by 16.3%, to…
In October, electricity consumption in Ukraine’s electricity system amounted to 9.641 billion kWh, down by 1% YoY, the press service of Ukrenergo National Power Company reported. “According to Ukrenergo’s operational data, electricity consumption in Ukraine’s electricity system (net, excluding network losses) decreased by only 1% in October: 9.641 billion kWh against 9.724 billion kWh,” reads…
On November 9, Saeima’s Budget and Finance Committee rejected the proposals submitted by the opposition politicians on reduction of VAT not just in general, but for multiple industries affected by COVID-19 crisis. The proposals in question were submitted for amendments to the Value Added Tax Law, already included in the state budget legislative draft for…
Exports of goods increased by 11$%, while imports fell by 4% YoY in September, the state agency Statistics Estonia reported. The third quarter saw a 1% fall in exports and a 5% fall in imports. In September, both exports and imports of goods amounted to EUR 1.3 billion at current prices, Statistics Estonia said, and…
The National Bank of Ukraine (NBU) sold $70 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 sold $70 million on the interbank foreign exchange market between November 2 and November 6. The regulator also purchased…
Minister of Finance Serhiy Marchenko says he sees no risks of a significant hryvnia devaluation until the end of the year. “For the Ministry of Finance, the hryvnia to the U.S. dollar rate is an exclusively technical indicator that is used to calculate budget figures,” Marchenko said. “I have no fears about the hryvnia exchange…