In April, the total production of industrial enterprises increased by 17% YoY, data from Statistics Estonia showed. Production increased by 17% in the energy sector and by 18% in manufacturing, but decreased by 1% in mining. Industry is the largest sector of the Estonian economy and an important driver of economic growth. The index of…Details
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In January-May, freight volume handled in the Port of Liepaja climbed by 5.7% YoY, to 2.8 million tons. In the reporting period, handling of grain and cereal products fell by 1.1%, to 1.06 million tons, and handling of anthracite – by 84.2%, to 28,800 tons, while handling of building materials climbed by 0.7%, to 282,200…Details
Construction of a kindergarten for 43 million soms has begun in Ton district of Kyrgyzstan, the Development Fund of Issyk-Kul region reports. Foundation for construction of the preschool institution for 100 children was laid in Ak-Olon village. There was no kindergarten before, so this is a long-awaited event for local residents. All the conditions for…Details
Uzbekistan and Tajikistan have agreed to increase bilateral trade to $1 billion in the coming years, as Uzbekistan Deputy Prime Minister and Minister of Investments and Foreign Trade Sardor Umurzakov met his Tajik counterparts in Dushanbe on June 5. The parties have agreed to increase exports, and launch joint ventures in the free economic zones…Details
The World Bank’s Board of Executive Directors has approved a $100-million loan to Ukraine’s state-owned Ukreximbank to be used for the special-purpose medium- and long-term lending to export-oriented small and medium-sized enterprises. The current Access to Long-Term Financing project for a total of $150 million has been implemented since June 2018 and already provided a…Details
Ukraine’s international reserves in May shrank by 0.6%, to $27.840 billion in the equivalent as of June 1. The reduction was due to the repayment of external and internal debts by the state, which were partially offset by foreign exchange (FX) earnings in favor of the government, the press service of the National Bank of…Details
During the last year income of more than one fifth (21%) of Latvian households reduced, of 66 % – did not change, but of 13% – increased. In turn, in the following 12 months majority of households (78%) expect that their total income will not change, 15% – expect that their income will increase and…Details