Ukraine: state debt down in October 2018

In October the overall state and government-guaranteed debt of Ukraine decreased by almost 0.5% MoM, the Finance Ministry’s press service reports. As of October 31 the overall state and government-guaranteed debt of Ukraine totaled $74.32 billion, down by $0.35 billion. According to the ministry, the state and government-guaranteed debt in hryvnia equivalent over the reporting…

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Azerbaijan: economy growing

Fitch Ratings, an international rating agency, has noted improvement in the macroeconomic conditions in Azerbaijan, the agency said in a message. The message reads that in January-September the economy of Azerbaijan grew by 0.8% YoY, while the growth rate of non-oil GDP was 1%. Inflation fell sharply from 12.9% at the end of 2017 to…

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Armenia: tractors manufacture to begin

Acting Prime Minister Nikol Pashinyan met Armen Harutyunyan, the head of Beltekhnika, a Lithuanian company engaged in the production of agricultural equipment. At the meeting in Yerevan, the parties discussed issues related to Beltekhnika’s initiative to implement an investment project for the production of agricultural machinery such as tractors in Armenia. Reaffirming the Armenian government’s…

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