Georgia: economy down in April 2020

Estimated real gross domestic product (GDP) declined by 16.6% YoY in April and by 3.6% in the first four months of 2020, showed the latest data from the National Statistics Office of Georgia (Geostat). In April estimated real growth compared to the same period of the previous year was negative in almost all activities. Growth…

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Estonia: GDP down in Q1 2020

Gross domestic product (GDP) fell by 0.7% YoY in the first quarter of 2020, figures released by state agency Statistics Estonia showed. GDP at current prices stood at EUR 6.5 billion. Value added grew by 2%, Statistics Estonia reported, driven primarily by information and communication and construction. Economic growth was hindered mainly by the energy…

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Ukraine: average salary up in April 2020

In April, the average nominal salary in Ukraine amounted to UAH 10,430, up by 1.6% YoY, according to the State Statistics Service. “The average nominal salary of a full-time employee of enterprises, institutions and organizations made up UAH 10,430 in April, up 2.2-fold from the minimum wage (UAH 4,723). The average nominal salary decreased by…

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Ukraine: investments in economy down in Q1 2020

In the first quarter of 2020, investments in Ukraine’s economy decreased by 29% and in the agriculture sector – by 35.3%, Oleksandr Zakharchuk, Head of the Investment, Material and Technical Resources Department at the National Research Center “Institute of Agrarian Economics” (IAE), stated referring to data released by the State Statistics Service. “In January-March, total…

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Kazakhstan: KZT 20.5 billion allocated for construction and repair work in Kordai

Akim of Zhambyl region Berdibek Saparbayev spoke about the construction and repair work in Kordai district. “During an emergency situation in the region, 39 residential buildings and 20 commercial facilities in the villages of Masanchi, Bular Batyr and Auhatti were completely damaged. The President instructed to provide assistance to the residents of the area in…

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