Latvian government approved the new state budget priorities funding process, the Finance Ministry reported. During the meeting of the Cabinet of Ministers on May 3, members of the government reviewed a draft that provided for a new order for financing processes of budget priorities of different ministries starting with the preparation process of the 2018…Details
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Latvian State Revenue Service has registered in its unified database multiple new cash register models, opening the way for users to replace their existing cash registers with new models that comply with updated requirements. Compliance certificate has been issued to CHD 3050, CHD 3050 U, CHD 2050 and CHD 7 cash register models. These models…Details
Bolat Zhamishev, Chairman of the Board of the Development Bank of Kazakhstan (DBK), has given his outlook on possible devaluation of the Kazakh national currency. “Generally speaking, we do not see any expectations or drastic changes of exchange rate dynamics. The national currency is now strengthening. It is not improbable it will stream back and…Details
Tajikistan’s investment portfolio now includes 68 projects totaling 2.85 billion according to the State Committee on Investments and State-owned Property Management (GosKomInvest). Tajikistan’s investment portfolio, in particular, includes 25 grant based projects, 16 loan based projects and 27 mixed-finance projects. “More than $1.2 billion have been drawn in the framework of these projects since the…Details
Tajikistan’s largest commercial banks – Tojik Sodirot Bonk (TSB) and Agroinvestbonk – will hardly recover from recent shocks quickly. It will take them years to restore their financial assets. Two other distressed banks – Tajrpombank and Fononbank – have been declared bankrupt. Until recently TSB and Agroinvestbonk have occupied a half of the country’s banking…Details
Four kilometers of four-lane road will be built in Karakol town in Issyk-Kul region of Kyrgyzstan this year, the city mayor Daniyar Arpachiev reported. “As of today, the most problematic roads are central ones. We have been raising the issue of repairing Toktogul, Abdrakhmanov and Kydyr-Ake Streets since the last year. About 10 kilometers of…Details
Ukraine in January-April increased transit of natural gas through its gas transportation system by 22.5% (5.602 billion cubic meters) compared to January-April 2016, to 30.53 billion cubic meters, according to live data from PJSC Ukrtransgaz. Gas transit through Ukraine to Europe in the past four months amounted to 29.388 billion cubic meters and to Moldova…Details