The 2018 state budget bill passed the first reading in the Riigikogu despite sharp criticism by the opposition. The deadline for amendment proposals was set for November 1. “This budget supports the growth of our economy, security, and the well-being of our families in such a way that it is close to balanced, the tax…
DetailsIn August-September the National Bank of the Republic of Kazakhstan purchased $139.7 million on the market over the foreign exchange interventions, the financial regulator’s press service reported. “In August and September, the interventions amounted to $70 million and $69.7 million respectively,” Director of the Monetary Operations Department of the National Bank of Kazakhstan Aliya Moldabekova…
DetailsThe Antonov An-124 Ruslan aircraft has transported generators and transformers to Puerto Rico where thousands of people were left without electricity because of a hurricane. The Americans, who provided equipment, admitted they would not have been able to do this without the Ukrainian plane. In particular, a representative of the U.S. shipping company says there…
DetailsThe Ukrainian coffee market showed an increase in sales by 3% in natural terms in the period from September 2016 to August 2017, the Nielsen research company has said. According to a press release, during the same period of 2015-2016 coffee sales dropped by 8%. In September 2016 – August 2017 the segment of natural…
DetailsStarting from December 2020, foreign banks and insurance organizations will be allowed to open branches in Kazakhstan, the press service of the country’s National Bank reported. On October 18, the chairman of the National Bank of Kazakhstan, Daniyar Akishev, said that the country’s accession to the World Trade Organization opened new areas of activity for…
DetailsAccording to the current information of the Ag Ministry, corn was harvested from 24.8 thousand ha as of October 12 (19.1% of the plan). Its crop amounted to 190.1 KMT with an average yield of 7.68 MT/ha. The harvest lags far behind last year. At the same time in 2016, corn was harvested from 44.5…
DetailsThe revenue of the state-owned port company Port of Tallinn amounted to EUR 99.1 million in January-September, up by 29% YoY. Freight handled by Port of Tallinn during the period amounted to 14.3 million tons, and passengers numbered 8.2 million. The increase in revenue was mainly a result of the addition of ferry services to…
DetailsUkrainian airlines, according to the data from the State Aviation Service, transported 8.191 million passengers in January-September, up by 32.2% YoY. According to a report on the agency’s website, international traffic grew by 33.6%, to 7.487 million people. Passenger flows through the airports of Ukraine increased by 30.3% and amounted to 12.578 million people, in…
DetailsUkrainian Prime Minister Volodymyr Groysman believes that Ukraine and the Republic of Malta should strengthen economic cooperation. He said this during a meeting with President of the Republic of Malta Marie-Louise Coleiro Preca in Kyiv, the governmental portal reported. “We welcome the readiness of our chambers of commerce and industry to establish a bilateral permanent…
DetailsThe Minister of National Economy of Kazakhstan, Timur Suleimenov, reported on October 17 on the economic situation in the country. “Since the start of the year, the economic activity has improved. The GDP growth for 9 months of this year has amounted to 4.3%,” he said, making a speech at the government meeting. According to…
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