Ministry for Development of Economy, Trade and Agriculture says the share of the shadow economy in 2019 fell by 3% against 2018, from 31% to 28% of the country’s official GDP. The figures are mentioned in the report titled “General Trends of the Shadow Economy in Ukraine”, which was posted on the ministry’s website. The…
A groundbreaking ceremony of the new Student’s House took place in Almaty in the territory of the Al Farabi Kazakh National University on the eve of the Capital City Day. It is expected to accommodate up to 1,250 students. The university has now 16 dormitories for 7,000 students. The new one will be the 17th.…
The speed limit on the planned Tallinn-Vaike bypass will be 50 km/h in the stretch that will pass through the residential district of Rae, southeast of Tallinn, city authorities say. “We have reached an agreement between the various parties, whereby the planned Tallinn-Vaike ring road will be 70 km/h, and 50 km/h in the residential…
As of June 19, the annual inflation rate fell to 6.1% after it reached the level of 8.6% in April, the National Bank of Kyrgyzstan reported. Weakening of domestic demand determines the downward dynamics of inflation in the country. The National Bank noted that the slowdown in inflation occurred mainly due to a decline in…
In May, the average nominal salary in Ukraine amounted to UAH 10,542, up by 3% YoY, according to the State Statistics Service. “The average nominal salary of a full-time employee of enterprises, institutions and organizations made up UAH 10,542 in May, up 2.2-fold from the minimum wage (UAH 4,723). The average nominal salary increased by…
JSC Ukrposhta, Ukraine’s state-owned postal operator, paid UAH 202.7 million in dividends for 2019, or 50% of the net profit of the joint-stock company for last year, according to Ukrposhta’s press service. The company stresses that this is the largest amount of contributions paid to the state budget since Ukrposhta’s establishment. “For the first time…
Passenger Transportation national company has informed of temporary cancellation of commercial Talgo trains in three directions. The suspended trains include Talgo train No. 19/20 heading from Nur-Sultan-Nurly zhol to Atyrau on July 1 and from Atyrau to Nur-Sultan on July 2; Talgo train No. 95/96 heading from Nur-Sultan-Nurly zhol to Uralsk on July 2 and…