Ukraine: foreign reserves up in 2018

Ukraine’s international reserves in 2018 grew by 10.6% YoY, to $20.820 billion, updating a five-year record, according to the National Bank. The last time such figures were reported was in October 2013. The regulator said the reserves were successfully accumulated due to Ukraine securing external financing and the NBU buying up the excessive currency on…

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Ukraine: defense enterprises announce 43,000 tenders in 2018

Enterprises of the State Concern Ukroboronprom announced more than 43,000 commercial electronic tenders in 2018, the press service of the concern reports. “In 2018, more than 43,000 commercial electronic tenders were created by the enterprises subordinated to the State Concern Ukroboronprom. In general, since the launch of electronic trading platforms, the number of announced tenders…

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Turkmenistan: retail sale of alcohol limited

The Law on Prevention of Harmful Effects of Alcohol, signed by Turkmen President Gurbanguly Berdimuhamedov, came into force in Turkmenistan. The law defines a legal, organizational and economic framework for the government policy in this area. Trade entities are prohibited from selling alcohol on non-working holidays (except for the provision of catering services) and memorable…

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