Belarus: GDP to increase in 2017

Eurasian Development Bank (EDB) expects that Belarus’ GDP will go up by 1.3% YoY in 2017, EDB’s July macroeconomic review says. “The economic recovery trend in Belarus continues. In January-May, the country’s GDP rose by 0.9% as against the same period of 2016. We expect that the positive tend will persist, and Belarus’ GDP will…

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Ukraine: electricity exports up in H1 2017

Ukraine boosted electricity exports by 59.5% YoY in January-June, to $136.4 million, according to Ukraine’s State Fiscal Service. Hungary accounted for 57.4% of electricity sales abroad, the share of Moldova was about 20.6% and that of Poland about 17.4%. In June Ukraine’s electricity exports to Hungary were estimated at $4.3 million, those to Poland at…

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Azerbaijan: Aliyev approves funding for construction of road in Sabirabad

Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Galagayin-Osmanli-Chol Beshdali-Zalgaraagach-Chol Agamammadli-Azadkend-Mugan Ganjali road in Sabirabad. Under the presidential order, 14.4 million manats is allocated from the state budget for the construction of the road connecting 15 residential settlements with a total population of 41,000 people. (Trend/Business World Magazine)

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