Ukraine’s Cabinet of Ministers has proposed retaining expense expenditures for 2018 at 5% of GDP, according to the draft bill “Budget policy basics for 2018-2020 (Budget Resolution).” “The priority is supporting defense and security: expenditures for this sphere for 2018 will be at 5% of GDP,” Finance Minister Oleksandr Danyliuk said, presenting the resolution. “Within…Details
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Ukraine’s state-owned enterprise Antonov will take part in the 52nd International Paris Air Show to be held at the Le Bourget Parc des Expositions on June 19-25, according to the company’s post on Facebook. The company noted that An-132D, being a prototype of An-132 multi-purpose transport aircraft, would be presented on the international level for…Details
Pasazieru vilciens will continue the procurement of new trains in the second stage of the process. This was conceptually approved by the government on June 13. Transport Ministry reports that new trains are planned to be procured using credit resources, not funding from the state budget. PV promises to perform a new procurement immediately by…Details
Ukrainian Nuclear power plants produced 224.87 million kWh of electricity on June 12, the press-service of Ukraine’s State Enterprise “National Nuclear Energy Generating Company Energoatom” reports. On June 13, 12 out of 15 power units were functioning at the Ukrainian power plants. It is the 118th day of the average planned repair at power unit…Details
The Belarusian automaker MAZ has made its first all-wheel drive skylift AGP-40-K, which can lift three people with instruments up to 40 m above the ground. With the all-wheel drive skylift of its own MAZ will be able to expand its presence on the market of utility vehicles. MAZ representatives explained that the vehicle was…Details
A new substation has been built in Kara-Suu town, Osh region, Acting Deputy Director of the local branch of National Electric Network of Kyrgyzstan JSC Aripzhan Topchubayev stated the press tour to energy facilities in the region. According to him, reconstruction of the facility at the expense of loan from the Islamic Development Bank –…Details
The situation with approval of voluntary restructuring plan of foreign obligations of the International Bank of Azerbaijan (IBA) by foreign creditors will be clarified by mid-July, Azerbaijan’s Finance Minister Samir Sharifov declared on June 13. “We have already informed the public about the negotiation process,” said the minister. Earlier, the IBA commenced a process of…Details