The Central Bank of Uzbekistan has set new standards for managing current and instant liquidity of commercial banks, said the message posted on the bank’s website. The current liquidity ratio defined as the ratio of the amount of current assets (liquid assets and bank’s investments with a payment period of up to 30 calendar days,…Details
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Britain’s Crown Agents is replacing a number of medicines supplied under the project of public procurement of medicines for oncology adults and children by the 2015 state budget, the agency has said in a press release. At present, Crown Agents replaced 2,800 out of 17,000 packages of Methotrexate to treat child oncology that was procured…Details
Ukraine boosted electricity exports by 59.5% YoY in January-June, to $136.4 million, according to Ukraine’s State Fiscal Service. Hungary accounted for 57.4% of electricity sales abroad, the share of Moldova was about 20.6% and that of Poland about 17.4%. In June Ukraine’s electricity exports to Hungary were estimated at $4.3 million, those to Poland at…Details
Slavkaliy will sell its products only via Belarusian Potash Company (BPC), Slavkaliy’s Chairman of the Board Mikhail Gutseriyev reported. When asked about possible cooperation with Uralkali, Mikhail Gutseriyev said: “We are going to work and sell only via Belarusian Potash Company. We are not going to compete with Belaruskali in any way.” According to Mikhail…Details
The Free Economic Zone “Jizakh” held the ceremony of laying a capsule in the foundation of a new production complex of JV “Uzbekistan Peugeot Citroen Automotive”. A modern industrial complex designed to produce 16 thousand cars per annum is set to be built in the framework of the project on a land plot of 45…Details
Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Galagayin-Osmanli-Chol Beshdali-Zalgaraagach-Chol Agamammadli-Azadkend-Mugan Ganjali road in Sabirabad. Under the presidential order, 14.4 million manats is allocated from the state budget for the construction of the road connecting 15 residential settlements with a total population of 41,000 people. (Trend/Business World Magazine)Details
According to the preliminary data, Belarus’ gold and foreign currency reserves totaled $6,561 million as of July 1, if calculated in accordance with methods of the International Monetary Fund, the Information and PR Department of the National Bank of the Republic of Belarus reported. In June the country’s gold and foreign currency reserves went up…Details