Azerbaijan: economy to grow in 2018

The Moody’s Investors Service international ratings agency has forecast the Azerbaijani economy to grow by 1.8% in 2018, Petr Paklin, the agency analyst, said at the Moody’s Annual Azerbaijan Summit in Baku on May 25. He noted that Azerbaijan’s GDP growth was highly dependent on the level of oil prices. If the oil prices remain…


Ukraine: retail prices for “borsch” vegetables and meat up in May 2017

In the first fortnight of May, Ukraine’s retail prices for socially important products increased, namely the prices for the so-called “borsch” vegetables and meat, the Economic Discussion Club reports. “Potatoes and “borsch” vegetables showed a record growth in prices again. Over the first twenty days of May, consumer prices for these products have increased as…


Tajikistan: foreign debt nearing $2.3 billion

As of April 1, Tajikistan’s external debt amounted to $2.2843 billion, $2.1078 billion of which is state debt, according the Ministry of Finance (MoF) Secretariat. Government-guaranteed debts amount to $23.3 million. Debts of state-owned enterprises without government guarantees have reached $31.5 million. The debts of the National Bank of Tajikistan (NBT) now amount to $12.6…


Ukraine: water transport carries 3,000 passengers in January-April 2017

In January-April water transport of Ukraine carried 3,000 passengers, down by 3.3% YoY.

According to the State Statistics Committee, total passenger turnover in Ukraine climbed by 0.3%, to 1.540.8 million passengers. (Portnews/Business World Magazine)

Ukraine: Ukrzaliznytsia bans cargo traffic and transit in wagons owned by Russian companies

PJSC Ukrzaliznytsia has introduced a ban on transportation of all types of cargo and empty wagons, including transit through the territory of Ukraine, for a number of owner companies from the Russian Federation. According to company decree Ts-2/101 dated May 18, transportation is prohibited in the wagons of Sberbank Leasing, SG Trans, NefteTransService, Freight One,…


Tajikistan: capital mayor’s office takes efforts to curb rise in basic food prices at markets during Ramadan

The Dushanbe mayor’s office is taking efforts to curb rise in prices of basic food products during the Islamic holy month of Ramadan, according to the Dushanbe administration press center. By Dushanbe mayor’s decree merchants and farmers selling their products at Dushanbe’s Dehqon, Shohmansour and Sakhovat bazaars will be exempt from paying one-time fee, a…


Ukraine capable of over 10% of annual growth

The implementation of the Sustainable Development Doctrine will allow Ukraine to achieve the level of Western countries by 2030 and ensure an annual growth of 10%, Ukrainian parliamentarian Serhiy Taruta said while presenting the publication titled “Ukraine 2030: The Doctrine of Sustainable Development.” The parliamentarian who is the author of the idea of writing the…