Uzbekistan: reforms in electricity sector mulled with WB

Representatives of Uzbekistan’s state-run energy operator Uzbekenergo and the World Bank Group held a meeting to discuss reforms in the electricity sector of Uzbekistan. The parties discussed a plan on expansion of generating capacity at the lowest cost, research on tariffs, institutional reforms in the electricity sector and renewable energy development. The delegations of Uzbekenergo…

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Kyrgyzstan: average salary up in August 2018

Average salary in Kyrgyzstan in August amounted to 15,793 soms, report of the National Statistical Committee says. Compared to last year, it increased by 6.78%. Salaries increased the most in three areas – construction (16.2%), other service activities (15.5%), information and communications (14.6%). Following the results of 9 months of 2018, prices in Kyrgyzstan reduced…

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Azerbaijan: transparency in economy expanding

Transparency and accountability are the basis for stable and rapidly developing economy, Chairman of the Azerbaijan Chamber of Auditors Vahid Novruzov declared. Novruzov stressed that Azerbaijani President Ilham Aliyev paid special attention to ensuring transparency in the economy. “This is not coincidence because world practice shows that only transparent economy can be sustainable, develop rapidly…

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Ukraine: Chornobyl going solar

Ukraine has unveiled a solar plant in Chornobyl, just across from where a power station, now encased in a giant sarcophagus, caused the world’s worst nuclear disaster three decades ago. Built in a contaminated area, which remains largely uninhabitable and where visitors are accompanied by guides carrying radiation meters, 3,800 panels produce energy to power…

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Ukraine: capital investments up in H1 2018

Capital investments in Ukraine grew by 26.6% in the first half of 2018 compared with the corresponding period in 2017, First Vice Prime Minister – Minister for Economic Development and Trade Stepan Kubiv stated during Government Question Hour meeting. “Capital investments increased by 26.6% in the first half of 2018 compared with 2017. Almost half…

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Azerbaijan: Heydar Aliyev Airport among world’s 14 most beautiful airports

Heydar Aliyev International Airport, located in Baku, is among 14 most beautiful airports in the world, according to the rating made by Curbed, an American real-estate blog network. “Located in the capital of Azerbaijan, the Heydar Aliyev International Airport terminal features giant wooden cocoons designed by Turkish architecture studio Autoban,” said Curbed. “Light streams in…

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Romania: Tarom presents Bucharest-Odesa flight

Representatives of the Tarom Romanian airlines have presented in Odesa a new Bucharest-Odesa direct flight, which will be launched on October 31. “This is an important event for Romania and Ukraine, which contributes to strengthening of the cooperation between our countries, the development of many projects, communication and tourism. It takes 11 hours to travel…

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