Overnight into December 21, the Verkhovna Rada (Parliament) passed the state budget for 2017. Fiscal revenues for 2017 are envisaged at 721.4 billion UAH and expenditures at 790.4 billion UAH. The budget deficit was set at 77.5 billion UAH. The following macroeconomic indicators are proposed for 2017: GDP growth at 3-4%; inflation at 8.1%; forecast…Details
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Freeport of Riga Authority says 33.3 million tons of cargo was handled at Riga port during 11 months of the current year, down by 8.6% YoY, while total cargo turnover decrease compared to last year continues to decline. November has been successful for the port of Riga in coal segment – 1.1 million tons of…Details
As the year comes closer to its end, residents become more and more positive. Compared with October, residents’ overall prediction for the future has improved by three points. Optimistic changes are also noted in general expectations, which have improved by two points. Last month residents’ criticisms were fairly rough on nearly all positions. The biggest…Details
In October Kazakhstan continued exporting flour at the fastest pace in five years. 248.1 KMT of flour was supplied to foreign markets, up by 33% YoY. For the two months of the season, Kazakh exporters built up flour deliveries by 27% to 425.1 KMT against 335.2 KMT in the same period in MY 2015/2016. Afghanistan…Details
Ukraine’s crushers have substantially boosted sunoil output this season (2016/2017). Sunoil production has been showing a record fast pace for a third consecutive month now, hitting new highs every month. Ukraine’s large and medium-sized crushers produced unprecedented 529 KMT of sunoil in November compared to 515.7 KMT in October and 353 KMT in November 2015.…Details
To date Kazakhstan exports the major volumes of domestically produced flaxseed oil, the Chairman of the Board at Atameken-Agro JSC Arthur Akhmetov declared. According to the Ministry of National Economy of Kazakhstan and the State Revenue Committee at the Ministry of Finance, in January-August the country supplied the major volumes of produced flaxseed oil (370.1…Details
In January-November in Kazakhstan the general volumes of agricultural production totaled 3.4 trillion KZT, and the quantity index number increased by 4.5% YoY, the First Vice-Minister of Agriculture of the Republic of Kazakhstan Kairat Aituganov declared. According to him, in the reporting period the investments in agriculture increased by 48%, to 228 billion KZT. In…Details