The volume of money transfers to Georgia in August was $184.2 million, up by 25.8% YoY, said the National Bank of Georgia (NBG). More than one-third of money transfers came in from the European Union: EU countries – $74.53 million (40.46%) and other countries – $109.68 million (59.54%). The largest countries, from which money transfers…
SEB has seen a 40% fall in the number of grace periods it has granted to loan clients since early summer, largely as a result of a fall in applications as economic part-recovery began through summer, after the coronavirus emergency situation ended. Clients can still apply for grace periods, through to late September. Grace periods…
Prime Minister of Kazakhstan Askar Mamin has urged the Government to bend every effort to support the industries with the most stable domestic and external demand. At the September 15 session of the Government, Premier Mamin said amid the high level of instability on the foreign markets it was crucial to bend every effort to…
Ukraine’s draft state budget for 2021 provides for a reduction in the national debt by 3.4%, to 64.6% of GDP, Finance Minister Serhiy Marchenko has said. He said this at a press briefing on the draft state budget for 2021 on September 14. “We envisage a 3.4% reduction in the national debt next year, to…
The price of buckwheat in Ukraine has grown 2.2-fold YoY, up to UAH 36.92 per kilogram in August, according to the State Statistics Service. Since August 2019, rice has also grown in price by 3.6%, to UAH 23.69 per kilogram, and semolina – by 2.4%, to UAH 14.34 per kilogram. Prices for bakery and pasta…
Georgia’s external trade turnover amounted to $7.02 billion in January-August, down by 16.7% YoY, showed preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports decreased by 14.7% and reached $2.07 billion, while imports decreased by 17.5%, amounting to $4.95 billion. The trade deficit of Georgia in January-August amounted to $2.88…
Uzbekistan and Kazakhstan officially resumed regular flights from September 11, the press service of the Transport Ministry reported. An agreement on the opening of flights was reached after negotiations between the authorities of the two countries. Flights on the Tashkent – Almaty – Tashkent route will be carried out on Fridays by the Uzbekistan Airways…