Speaking about the results of 2018, the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev noted a reduction in the budget deficit, investment in the Affordable Housing program and the capitalization of Aiyl Bank. According to him, last year, the budget deficit amounted to 6.6 billion soms, or 1.2% of GDP, down by 10.7 billion soms YoY.…
DetailsAzerbaijani alcohol manufacturer “Goygol Wine Plant” OJSC will broaden its range of exports, the company reported. Exports to Europe are expected to begin this year. “We have received several proposals to date, and this year we will supply our wines to the European market. We are planning to increase the production capacity of the enterprise…
DetailsAs of January 1, wage arrears in Ukraine amounted to UAH 2,645.1 million, up by 11.7% YoY, the State Statistics Service of Ukraine has reported. Among the leaders in terms of wage arrears were Luhansk region (UAH 505.9 million), Donetsk region (UAH 467.3 million) and Sumy region (UAH 275.3 million). The lowest salary debts as…
DetailsLviv International Airport named after Danylo Halytsky is in talks with Qatar Airways on the launch of flights and expects a visit of the airline’s representatives late in February. “We are in talks with Asian countries. I really want to see the launch of flights to Asia. We are negotiating with Qatar Airways. We are…
DetailsJanuary saw a growth in the import of Georgian wines. Azerbaijan imported 5,790 bottles of wine from Georgia in early 2019, the National Wine Agency of Georgia told Report. This is a two-fold increase compared to January 2018. Last month, Georgia exported 6.25 million bottles of wine to 24 countries, up by 22% YoY. During…
DetailsGM Uzbekistan will be renamed in the coming months, the UzAvtoSanoat Deputy Chairman Aziz Shukurov announced. Shukurov added that the Chevrolet and Ravon brands would remain. “The issue of renaming will be resolved in the near future, and we will inform about it soon,” Shukurov said during a press conference. The company exports its products…
DetailsIn 2018, more than 400 trains were sent from Kazakhstan’s “Bolashak” border railway station to neighboring Turkmenistan, twice as much as in 2017, the press service of Kazakhstan Temir Zholy (Kazakhstan Railways) reported. Kazakhstan transports wheat, flour, milling products, barley, oats, and lentils. All products are exported to Turkmenistan, Iran and Afghanistan. Cargo traffic passes…
DetailsUkraine’s National Power Company Ukrenergo is implementing more than a hundred investment projects worth over EUR 1.5 billion, the company’s press service has reported on Facebook. According to the report, all of these projects are aimed at modernizing the Ukrainian power system, preparing it for integration with the European power grid, and transforming Ukrenergo into…
DetailsUkrainian First Deputy Prime Minister and Minister of Economic Development and Trade Stepan Kubiv said that the country’s gross domestic product grew by 3.4% YoY in 2018. “Statistics, which will be announced in February, will show stabilization, and growth of the Ukrainian economy by 3.4%,” he said at a meeting of the Ukrainian parliament’s faction…
DetailsAzerbaijan is preparing rules for switching to electronic cash registers, a source close to the project reported. All work in this direction will be coordinated by the ministry of the country. “After the rules have been prepared and criteria determined, it will become clear when and how the transition to electronic cash registers will be…
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