Businessman and president of the Estonian Olympic Committee Urmas Soorumaa said that the current economic growth was deceptive, as it was not based on traditional models. “It is sort of deceptive. Yes, the so-called economy is growing since stock markets are growing, there is more money coming in and the amount of money in peoples’…Details
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There were fierce debates during the discussion of the new version of the Tax Code, Gulnara Uskenbaeva, head of the Association of Suppliers, said at a press conference. According to her, the state is confident that the new version is a good Tax Code. Businesses have different opinions on certain provisions, but it should be…Details
The Ukrainian Agribusiness Club Association (UCAB) forecasts that this year’s sunflower harvest will reach 15.1 million tons, which is 15% more than last year, according to the association’s press service. “In the 2020-2021 marketing year, the harvest of sunflowers is expected at the level of 15.1 million tons. This figure is 15% higher than last…Details
The Ministry of Finance raised UAH 2.465 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “On October 5, at actions for the placement of domestic government bonds, the Finance Ministry offered investors six issues of securities in the national currency. Overall, UAH…Details
Georgia is leading the South Caucasus region with a projected rebound of 8% this year, says the latest edition of the World Bank’s Economic Update for the region. “Georgia’s recovery is expected to edge down to 5.5% in 2022 and 5% in 2023, as macroeconomic support continues to be removed”, reads the report. The World…Details
According to the order issued by the Latvian government, the state budget program for emergencies will be expanded by EUR 300 million this year. The budget increase is related to the plan for operational response and allocation of necessary funding for the measures ministries in Latvia plan to employ in order to overcome the challenges…Details
As of October 4, the Tax and Customs Board (MTA) was still awaiting EUR 4.18 million in underpaid tax. The deadline for payment for the 2020 tax year was October 1. EUR 1.38 million of the total owed was due to be paid in installments. The total in underpaid tax owed to the MTA for…Details