Kazakh President Nursultan Nazarbayev visited the new Nurly Zhol railway station and familiarized with its modern infrastructure. The head of the national railway company Kazakhstan Temir Zholy Kanat Alpysbaev told the president about the implementation of the program for the development of high-speed passenger traffic and the development of the new railway junction in Astana.…Details
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An International Monetary Fund (IMF) mission, led by Paul Ross, visited Dushanbe on May 17-30 to conduct the 2017 Article IV consultation discussions. The team reportedly welcomed the authorities’ intention to resume discussions on a possible IMF program, and discussed steps that would demonstrate reform progress and pave the way to resume program negotiations. At…Details
Restructuring of external debt of the International Bank of Azerbaijan (IBA) has not affected the country’s banking sector and the interaction between other commercial banks, as well as between banks and their customers, said Zakir Nuriyev, head of Azerbaijan Banks Association (ABA). “The state has been fulfilling its obligations to IBA from the first day,…Details
Turkish company Onur Construction International LLC has won two tenders to build sections of public roads in Lviv region for a total amount of UAH 968 million. According to data from the ProZorro procurement system, Onur Construction International won a tender for the repairs of the public highway T-18-06 Rivne – Mlyniv – Berestechko –…Details
The growth of Ukraine’s gross domestic product (GDP) will accelerate from 1.8% in 2017 to 3% in 2018, 3.6% in 2019 and 4% in 2020, such a basic macro scenario was approved by the Ukrainian government at a meeting on May 31. “According to this scenario, the rates of business’ adaptation to new conditions, preservation…Details
About UAH 6 billion in additional funds will be spent on construction and reconstruction of roads in the regions of Ukraine, Prime Minister of Ukraine Volodymyr Groysman said at the Cabinet’s meeting on May 31. “In fact, we managed to mobilize by the efforts of the State Fiscal Service about UAH 6 billion in additional…Details
Kernel, one of the largest Ukrainian agricultural groups, is completing negotiations on the acquisition of two agricultural companies with the land bank of 40,000 hectares and 190,000 hectares. “We are close to completing two transactions, which we are going to announce soon. We are talking about two deals: one of them is for 190,000 hectares,…Details