Belarus may close the year 2017 with the inflation below 7%, Belarusian Prime Minister Andrei Kobyakov said after the government conference chaired by Belarus President Alexander Lukashenko. “The inflation keeps reducing and the tendency is strong. We are slightly behind the Russian Federation in terms of the seven-month inflation rate, but we are doing better…
DetailsThe trade turnover between Azerbaijan and Georgia amounted to $425.91 million in January-July, up by 34.2% YoY. Azerbaijan occupies the fifth place among the importers of Georgian products, according to Georgia’s Statistics Service. During the reporting period, the supply of goods from Georgia to Azerbaijan increased by 83.5%, to $106.07 million. The share of Azerbaijan…
DetailsIndustrial production in Ukraine in July declined by 2.6% YoY, against a 3.8% rise in June and a 1.2% rise in May, the State Statistics Service of Ukraine has said. The authority said that this was linked to a decline in mining and quarry development industry by 9.4%, a 10.2% decrease in the supply of…
DetailsThis year, UAH 20 billion should be spent on the construction of roads, and UAH 30 billion next year, president Petro Poroshenko said. “We set a task to allocate UAH 20 billion for the construction of roads this year, and UAH 30 billion in the next year. This is the dynamics that I want to…
DetailsThe current market situation shows that Latvia should speed up its education reform and think about attracting additional human resources from other countries, said Latvian Finance Minister Dana Reizniece-Ozola. “We have a number of problems. We see unemployment is in decline, dropping to 7.2% in the past three years, whereas the number of employed people…
DetailsGM Uzbekistan has announced about suspension of car production due to maintenance work. The car manufacturer GM Uzbekistan located in Asaka, suspends production from August 22 till September 10 due to the planned maintenance work, said the company’s press service. It is planned to carry out preventive inspection and maintenance of main and auxiliary processing…
DetailsA mutual contract has been signed between Latvian Defense Ministry and Danish Defense Ministry for the procurement of anti-air missile launchers used by the Danish armed forces, as confirmed by Latvian Defense Ministry. It is planned that the launchers will be delivered in the first half of 2018. As noted by Latvian Defense Minister Raimonds…
DetailsRetail trade in Ukraine grew by 8% YoY in January-July, according to the Ukrainian State Statistics Service’s website. Retail turnover increased the most in Zakarpattia, Vinnytsia, Odessa, Sumy, Mykolaiv, Cherkasy, and Lviv regions – by 21%, 17.7%, 12.8%, 10.8%, 10.6%, 9.5% and 9.5%, respectively. Retail trade in July alone rose by 6.7% against June, while…
DetailsThis year the grain yield in Belarus is above last year’s average, Belarusian Deputy Agriculture and Food Minister Vladimir Grakun said. “This year the grain yield in the country is above last year’s figures. The average yield in 2017 is 35.8 hundredweights per hectare, with Grodno region posting the crop capacity of 43.5 hundredweights per…
DetailsUntil the end of August, the third phase of the reconstruction of Suusamyr – Talas – Taraz highway will have been completed, the Ministry of Transport and Roads of Kyrgyzstan informed. According to it, the second layer of asphalt is being laid from 75th to 105th km of the road. The company “Chakyr Yapy Sanayiwe…
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