Barqi Tojik (Tajikistan’s national integrated power company) says they raise rates in order to maintain the country’s power system in a working order. A statement released by Barqi Tojik, in particular, notes that electricity prices will rise on average by 16.5% beginning on November 1. They reportedly raise electricity prices also in order to recoup…Details
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If signed, an agreement with the International Monetary Fund (IMF) will increase investment in Moldova. That’s according to the Governor of the National Bank of Moldova (NBM), Sergiu Cioclea. According to him, as soon as Moldova signs an agreement with the IMF, funding and grants from various international organizations and private investors will come in…Details
Business development and its support are among the priorities of successive reforms in the country. According to “Doing Business 2017: Equal Opportunity for All” rating, published by World Bank on October 25, Uzbekistan has been placed 87th among 190 countries, having retained its previous year position. World Bank experts have raised the position of Uzbekistan…Details
The number of employed in the economy of Uzbekistan in January-September amounted to 13289,3 thousand, having increased by 1.8% YoY. The number of people employed in the public sector amounted to 18.1% of total employment (in 2015 – 18.3%), in the private sector – 81.9% (81.7%), according to the State Statistics Committee. The share of…Details
Public joint-stock company Ukrnafta saw 427 million UAH of net profit in January-September, down by 89.5% YoY, the company has said in a report. According to Board Chairman Mark Rollins, the indicator for January-September should be revised for the correct calculation of the profit pace. The cross clearing transaction is to be taken into account;…Details
Ukraine seeks to borrow $9 billion on the foreign market in 2017, Ukrainian Finance Minister Oleksandr Danyliuk has said. He said that the Finance Ministry sought to issue the fourth tranche of U.S. secured $1 billion eurobonds, raise $5.3 billion in cooperation with the International Monetary Fund (IMF) and enter the international loan market. Ukraine…Details
As of October 25, Ukrainian agrarians harvested 52.265 million tons of grains throughout the areas of 12.281 million ha, or 86% of the plan. The average yield totaled 4.26 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 52.58…Details