Belarus is gradually getting back on track for recovery, First Vice Premier Vasily Matyushevsky said when speaking at the joint session of the Belarusian parliament on June 26. “The economic performance in the recent months has been showing that the Belarusian economy is back on track. The GDP growth target for H1 has been over-fulfilled:…Details
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Kazakhstan plans to raise the country’s tourism share to 8% of GDP by 2025. This was announced by First Deputy Prime Minister of Kazakhstan Askar Mamin at the international conference “Tourism and Future Energy: Unlocking Low Carbon Growth Opportunities” in the Congress Center of Expo-2017. “We have rich nature and resources. The rich Kazakh history…Details
Turkmenistan is completing construction of an automobile bridge across the Tejen River at the Serakhs-Sarakhs (Turkmenistan-Iran) checkpoint, Turkmen Deputy Prime Minister for Transport and Communications Dadebay Amangeldiev said. The length of the bridge is 96 meters, and the width is 15.1 meters. The capacity of the facility is about 2,000 cars per day. The 105…Details
The Board of the Central Bank of Uzbekistan has decided to raise the refinancing rate to 14% from 9%, the press service of the bank said in a message. “This decision was made due to the acceleration of inflation for the past period and the need to limit the increased inflationary risks,” the message said.…Details
Practical steps taken within the framework of the monetary reform of Turkmenistan made it possible to increase confidence in the national currency, the Turkmen manat, the country’s President Gurbanguly Berdimuhamedov said. He made the remarks at a meeting with representatives of the financial and banking sphere in Turkmenistan. The increased confidence in the Turkmen national…Details
First Ukrainian International Bank (FUIB) presented the annual report on the results of the bank’s work in 2016. “We abandoned the format that is traditional for banks annual results and used a creative approach to the preparation of the annual report. In addition to information on the bank’s activities, we also analyzed the main figures…Details
In May Ukrainian flour production amounted to 139.26 KMT that is somewhat more than at the same time last year (up by 3.7%). Nevertheless, Ukraine’s flour output for the five months of the current year decreased by 1.5% YoY, to 762.97 KMT. Still, the drop in production of wheat and wheat-rye flour was not so…Details