The National Bank of Ukraine (NBU) has held a refinancing tender to provide four banks with UAH 563.6 million ($20 million) in refinancing loans at an interest rate of 6% per annum, with an 84-day maturity period. The National Bank holds biddings to maintain banks’ liquidity for up to 90 days. Biddings are held each…Details
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In September, the foreign trade turnover of Latvia amounted to EUR 2.7 billion, which at current prices was 7.7% larger than a year ago, of which the exports value of goods was 13% higher, but imports value of goods – 3.5% higher. Latvia exported goods in the amount of EUR 1.28 billion, but imported –…Details
Uzbekistan produced 6.667 million tons of grains as of the end of September, up by 2.4% YoY. The share of cereal crops reached 90.7% (6.047 million tons), reported the State Committee on Statistics of the Republic of Uzbekistan. Official forecast set the grain production at 7.839 million tons in Uzbekistan in 2020. (APK-Inform/Business World Magazine)Details
Almost all sectors of the real economy and certain services showed a growing trend in Kazakhstan in January-October. While addressing the November 10 government session, Kazakh Economy Minister Ruslan Dalenov listed the real economic sectors and certain services that saw growth, including construction – a 10.7% rise, information and communications – an 8.2% growth, agriculture…Details
Ukraine increased the export of poultry meat and by-products by 7.7% YoY, to 359,540 tons in January-October, the State Customs Service reported. According to its data, the export of these products decreased in monetary terms by 2.3%, to $468.53 million. At the same time, the import of poultry meat and by-products decreased by 16.3%, to…Details
In October, electricity consumption in Ukraine’s electricity system amounted to 9.641 billion kWh, down by 1% YoY, the press service of Ukrenergo National Power Company reported. “According to Ukrenergo’s operational data, electricity consumption in Ukraine’s electricity system (net, excluding network losses) decreased by only 1% in October: 9.641 billion kWh against 9.724 billion kWh,” reads…Details
On November 9, Saeima’s Budget and Finance Committee rejected the proposals submitted by the opposition politicians on reduction of VAT not just in general, but for multiple industries affected by COVID-19 crisis. The proposals in question were submitted for amendments to the Value Added Tax Law, already included in the state budget legislative draft for…Details