On the Via Baltica highway that spans across the Baltic States, road works take place on its Latvian section near Saulkrasti. The works make the travel by car longer by approximately one hour, state road network operator Latvijas Valsts Celi informs. The traffic on the A1 highway near the seaside town of Saulkrasti is the…Details
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The Prime Minister of Kyrgyzstan Kubatbek Boronov took part in laying a capsule for construction of a new infectious diseases hospital in Osh city. “The second wave of COVID-19 pandemic is expected. Therefore, it is necessary to complete construction of this medical facility in a short time and in compliance with quality. The new hospital…Details
The focus of selling Ukrainian peas shifted from India to the EU, particularly Spain and Italy. In 2017-2018 MY, Ukraine supplied 43% of peas to India. In 2019-2020 MY, the figure reduced to 13%. At the same time, the share of Italy also totaled nearly 13% and the share of Spain reached 19%. Moreover, Turkey…Details
A significant increase in the minimum wage in Ukraine may affect macroeconomic indicators and inflation in general, according to the National Bank of Ukraine (NBU), Deputy NBU Governor Dmytro Sologub has said. “If there is an increase in the minimum wage and it is significant enough, it will affect macroeconomic indicators, budget indicators, inflation and…Details
Baiterek Holding through its subsidiaries – KazakhExport and the Development Bank of Kazakhstan – continues to actively support Kazakh exporters. Over six months of 2020, the export insurance company KazakhExport provided insurance support to 49 exporters (13 of which received support for the first time) in the amount of KZT 26.4 billion. In 2019, the…Details
The government is expecting a 3% budget deficit due to the impact of the coronavirus and the crisis, which followed it, Dmitri Jegorov, undersecretary of Tax and Customs Policy at the Ministry of Finance, has said. Jegorov said: “We reckon with a fall of 3% in the government sector, which means hundreds of millions of…Details
In May, migrants transferred $165.3 million to Kyrgyzstan, twice as much as in April, the National Bank reported. Compared to May 2019, the figure decreased by $29 million, or by 15%. Compared with December 2019, the decrease is $49.6 million, or 23%. In 5 months, at least $699.32 million have been transferred to the republic.…Details