Baiterek Holding through its subsidiaries – KazakhExport and the Development Bank of Kazakhstan – continues to actively support Kazakh exporters. Over six months of 2020, the export insurance company KazakhExport provided insurance support to 49 exporters (13 of which received support for the first time) in the amount of KZT 26.4 billion. In 2019, the…
The government is expecting a 3% budget deficit due to the impact of the coronavirus and the crisis, which followed it, Dmitri Jegorov, undersecretary of Tax and Customs Policy at the Ministry of Finance, has said. Jegorov said: “We reckon with a fall of 3% in the government sector, which means hundreds of millions of…
In May, migrants transferred $165.3 million to Kyrgyzstan, twice as much as in April, the National Bank reported. Compared to May 2019, the figure decreased by $29 million, or by 15%. Compared with December 2019, the decrease is $49.6 million, or 23%. In 5 months, at least $699.32 million have been transferred to the republic.…
Acting Energy Minister of Ukraine Olha Buslavets has signed an agreement on the contribution between Ukraine and the EBRD on participation in the Eastern Europe Energy Efficiency and Environment Partnership (E5P), the ministry’s press service has reported. “The signing of the agreement will allow Ukraine to continue its participation in the E5P Fund. Such interest…
The State Statistics Service of Ukraine has listed foodstuffs that have jumped in prices the most since the beginning of 2020. The price of apples is the highest now, as it has doubled this year. The runner-up is carrots, since their price has also almost doubled. At the same time, prices of onions, cabbage and…
The Latvian Competition Council has allowed the multinational alcohol producer Amber Beverage Group to acquire decisive influence in the Latvian iconic restaurant chain and food producer JSC Lido. The competition watchdog has not found significant harm to competition arising from the deal in the area of the production of alcoholic beverages, therefore the deal has…
Another plane with a medical cargo with a total weight of 34 tons has arrived in Almaty from India. The pharmaceuticals were purchased at the expense of the Almaty city Akimat to form the stabilization fund. The medical cargo contains such medicines, as anticoagulants – enaxoparin, heparin; antibacterial ofloxacin; anti-inflammatory medicines – prednisone, dexamethasone; antibiotics…