In 2020, 27.2% of households covered their daily expenses with difficulties or with great difficulties, down by 1.4% YoY. The share of households that covered their daily expenses with some difficulty or fairly easily remained unchanged (62.4% in 2019 and 62.8% in 2020). In turn, the share of households that covered their daily expenses easily…Details
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Presidents of Kyrgyzstan and Uzbekistan agreed on joint operation of hydropower facilities, Shavkat Mirziyoyev said following the talks with Sadyr Japarov. According to him, the countries start implementation of large hydropower projects. “Our companies are working out the issues of joint construction and operation of hydropower projects. These are very serious and large objects. We…Details
According to Enterprise Estonia (EAS), tourism exports fell by 63% or by EUR 1.3 billion in 2020, reaching only EUR 763 million. “Especially in a small country, it is clear that our prosperity or lack thereof depends primarily on the extent to which we are able to sell goods and services outside Estonia,” Liina Maria…Details
Ambassador of the People’s Republic of China to Ukraine Fan Xianrong says China is interested in increasing exports of Ukrainian goods, especially food. He said this during a meeting with Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna. During the meeting, the interlocutors considered the state of implementation of the decisions of…Details
Sugar production in Ukraine halved in the past five years, the Association Ukrainian Agribusiness Club (UCAB) reported. “In 2020, some 982,000 tons of sugar was produced in Ukraine, down by 34% YoY and half the volume of production five years ago. The causes behind this reduction were a decrease in the production of sugar beets…Details
In January, migrants transferred $151.5 million to Kyrgyzstan, down by $65.5 million MoM. The National Bank of Kyrgyzstan presented such data. Compared to January 2020, the figure increased by $3 million. Russia accounts for more than 97% of remittances – $146.9 million. $1.1 million was transferred from other states to the Kyrgyz Republic and $2.4…Details
Uzbekistan’s external debt soared to $21.2 billion, or 36.5% of GDP, as of the end of 2020. This was almost exactly in line with an October 2020 forecast of Fitch Ratings. Five years ago, the GDP ratio stood at 16%. Tashkent has justified the rising external borrowing by pointing to social demands that require urgent…Details