According to preliminary data from Statistics Estonia, the country’s gross debt level in 2020 was 18% of the gross domestic product (GDP). The general government deficit was 4.8%. The general government sector comprises three sub-sectors: central government, local governments and social security funds. According to Evelin Ahermaa, an analyst at Statistics Estonia, last year, expenditures…Details
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Ukraine and Poland government officials have discussed current cooperation in agriculture and agreed to strengthen joint work in organic production, veterinary and phytosanitary operations, seed production and rural development. That’s according to the press service of the Ministry for Development of Economy, Trade and Agriculture following a meeting between Deputy Minister, Trade Representative of Ukraine…Details
The Czech Republic’s flag carrier CSA-Czech Airlines will start operating flights from Prague to Odesa from next week. The flight schedule is available on the CSA website. From April 2, flights will be operated twice a week – on Tuesdays and Fridays. A one-way ticket costs CZK 2,663 (UAH 3,323). The airline still performs daily…Details
Latvia’s state budget program for emergencies will be increased by another EUR 500 million this year, to EUR 1.32 billion. Initially it was planned to allocate EUR 26.73 million towards this budget program in 2021. In January, Finance Ministry submitted an order to the government and Crisis Management Council to increase this amount by EUR…Details
In January, state debt of Kyrgyzstan reached $750.6 per capita. The debt burden increased by $3.8 over the month. According to the Ministry of Finance, as of January 31, the state debt (external plus internal) of Kyrgyzstan amounted to $4,954.11 billion (420,108.67 billion soms), including $4,221.61 billion (357,992.44 billion soms) of external and $732.5 million…Details
The total public debt of Uzbekistan until the end of 2021 is projected to reach $28.3 billion (45.3% of GDP), according to the “Budget for Citizens” report, compiled by the Ministry of Finance. The total debt last year was $23.3 billion and in 2019 – $17.8 billion. “Despite the growth dynamics, the public debt remains…Details
A representative of the Ukrainian President Volodymyr Zelensky’s Office says that the structure of Ukraine’s exports should be changed by promoting domestic products with high added value onto foreign markets. This was stated by deputy head of the Office of the President of Ukraine Ihor Zhovkva at a meeting of the Council of the Ukrainian…Details