Armenia: foreign debt increase unavoidable

Armenia is still among countries having a low burden of foreign debt, but in the current coronavirus-related conditions an increase of the debt is unavoidable, Finance Minister Atom Janjughazyan has said while commenting on the bill to amend the budget. “The proposed scenario implies a 324-billion dram deficit. To fund this deficit we are considering…

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Ukraine: farm machinery exports down in 2019

Exports of Ukraine-made agricultural machinery in 2019 shrank by almost 10% YoY, say experts with the National Scientific Center “Institute of Agrarian Economics”. “Ukraine’s export opportunities with regard to the main types of agricultural equipment are traditionally significantly lower than import ones. However, supplies from foreign countries in 2019 declined critically, that is, by 9.4%,…

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