On November 11, Latvian Saeima’s Budget and Finance Committee supported for the final reading amendments to the Law on Social Security that provided for defining minimal income thresholds, their lowest volumes and the frequency of their review. The legislative draft has been included in the state budget legislative package. The legislative draft currently states that…Details
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The finance committee of the Estonian parliament at a sitting on November 10 voted on the amendments submitted to next year’s state budget and agreed to send the draft to the second reading at a plenary sitting on November 18. Finance committee chairman Aivar Kokk said the 44 proposed amendments were discussed and a consolidated…Details
Prime Minister Denys Shmyhal says the deficit of Ukraine’s national budget is one of the lowest indicators in Europe. “When today we take European countries and see what deficits in developed economies, in neighboring countries are, then Ukraine has one of the lowest budget deficits. This year, 7.5% is one of the lowest indicators in…Details
The National Bank of Ukraine (NBU) has held a refinancing tender to provide four banks with UAH 563.6 million ($20 million) in refinancing loans at an interest rate of 6% per annum, with an 84-day maturity period. The National Bank holds biddings to maintain banks’ liquidity for up to 90 days. Biddings are held each…Details
In September, the foreign trade turnover of Latvia amounted to EUR 2.7 billion, which at current prices was 7.7% larger than a year ago, of which the exports value of goods was 13% higher, but imports value of goods – 3.5% higher. Latvia exported goods in the amount of EUR 1.28 billion, but imported –…Details
Uzbekistan produced 6.667 million tons of grains as of the end of September, up by 2.4% YoY. The share of cereal crops reached 90.7% (6.047 million tons), reported the State Committee on Statistics of the Republic of Uzbekistan. Official forecast set the grain production at 7.839 million tons in Uzbekistan in 2020. (APK-Inform/Business World Magazine)Details
Almost all sectors of the real economy and certain services showed a growing trend in Kazakhstan in January-October. While addressing the November 10 government session, Kazakh Economy Minister Ruslan Dalenov listed the real economic sectors and certain services that saw growth, including construction – a 10.7% rise, information and communications – an 8.2% growth, agriculture…Details