In the challenging external environment, maintaining strong, sustainable, and inclusive growth for Turkmenistan will require improvements in the business and regulatory environment to support further private sector development, the IMF (International Monetary Fund) mission said in a message following the visit to Ashgabat. Effective implementation of reforms of state-owned enterprises and privatization, greater efficiency of…
DetailsOfficers of the Security Service of Ukraine (SBU) jointly with Prosecutor General’s Office (PGO) have revealed embezzlement of hundreds of millions of hryvnias by officials of municipal corporation Kyivavtodor. The press service of SBU reported that it was established that officials embezzled funds of the national and city budgets provided for construction, maintenance, overhaul and…
DetailsKyrgyzstan has managed to increase deliveries of products to the markets of the Eurasian Economic Union (EEU) in 2016 despite the decline in its trade turnover with members of the union in the same period, Vice Prime Minister of Kyrgyzstan Oleg Pankratov said. “If we take the total figure, the drop in external trade with…
DetailsChina’s Ministry of Defense will provide the Armed Forces of Kyrgyzstan with the grant military aid of 100 million yuan, the press service of the General Staff of the Kyrgyz Republic reported. An agreement was signed following the visit of the Head of General Staff of the Kyrgyz Republic Raimberdi Duyshenbiev to China. According to…
DetailsA total of UAH 2 billion has already been transferred for road patching repairs this year, but major road maintenance operations will be launched in late March-early April, Ukrainian Infrastructure Minister Volodymyr Omelian has stated at a meeting of the Cabinet of Ministers of Ukraine. “95% of roads are no longer usable and do not…
DetailsState-run PrivatBank plans to expand cooperation with the government in providing some social services on the basis of Privat24 platform, PrivatBank Head Oleksandr Shlapak has said. “PrivatBank today is a leader of the so-called ‘digital banking.’ For many years we have been providing services that no country provides. We are trying to convince the government…
DetailsPublic joint-stock company AvtoKrAZ (Kremenchuk, Poltava region), the sole heavy truck producer in Ukraine, saw a 40% fall in net loss in 2016, to UAH 188.93 million. According to the revised information to the agenda of a general meeting of shareholders scheduled for March 30, uncovered loss as of January 1, 2017 totaled UAH 629.74…
DetailsUkraine in 2016 imported 1.61 billion cubic meters of natural gas for a total of $394 million. Thus, according to the State Statistics Service, the average price of gas imported in January was $244.6 per 1,000 cubic meters against $228.8 in December 2016. Last year Ukraine from counterparties in Switzerland received 744.999 million cubic meters…
DetailsOn March 11-12, air temperatures became slightly lower than earlier in the month. Cloudy weather dominated the country with almost daily insignificant precipitation occurring all over its territory except for the East. The average daily air temperature was within a range of +2.2 to +7.5 degrees C, i.e. 2.9-6.4 degrees above normal. On the warmest…
DetailsAn all-time high of 4.9 KMT of sunoil was supplied from Kazakhstan to foreign markets in January. Looking into the export dynamics of the first five months of each season, periods of high and minimum exports alternated from 2008 till 2014. By 2013/2014, exports had reached 13.6 KMT – the highest point for the time.…
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