It would not be right to postpone the planned tax reform because of the illness spreading in Latvia because of Covid-19 coronavirus. It should be implemented at least partially, said Bank of Latvia governor Martins Kazaks on March 24. “It is clear it will not be possible to revise the tax system, but there are…
Kazakhstan has introduced restrictions on export of agricultural goods for the period of emergency state regime in the country, the Ministry of Healthcare has reported. The list of products prohibited to export includes buckwheat, sugar, potatoes, carrots, onions and white cabbage. The corresponding decree of Kazakhstan’s Agriculture Ministry said that the prohibition on the export…
NJSC Naftogaz Ukrainy has cut the gas price for the population by 14%. “The gas price for March for the population has been reduced by 14%,” the company wrote on Twitter. However, Naftogaz has noted that the company does not supply gas directly to the population, except for Kirovohrad region. “According to government rules, we…
Ukraine’s real GDP in 2019 rose by 3.2% YoY, according to the data provided by the State Statistics Service. “The real gross domestic product (GDP) grew by 3.2% in 2019 compared to 2018,” reads the report. In 2019, the nominal GDP amounted to UAH 3.97 trillion, and the GDP per capita made up UAH 94.57…
Ministries of Healthcare and of Trade and Integration have made changes to recommendations on operation of major trade facilities during the emergency state introduced in the country. The changes allow major trade facilities (shopping centers, hypermarkets, trade houses, markets), the area of which is no less than 2,000 square meters, to operate over the time…
Enterprise Georgia agency is starting a new program to co-finance family-owned, small and medium-size hotels in Georgia. As reported, the program will seek to alleviate financial problems in the tourism industry due to the spread of the coronavirus. The program aims to support family-owned, medium and small-size hotels so that they continue operating in the…
The number of passengers serviced by Ukrainian transport companies in January-February decreased by 0.1% YoY, to 15 billion passenger-kilometers, according to the data provided by the State Statistics Service of Ukraine. Over the reporting period, 675.8 million passengers used the services of domestic transport companies, down by 1.5%. In particular, the number of passengers carried…