A new 48 billion-tenge bypass road will be built in Karaganda. As region’s deputy akim Sabit Ospanov said during a session of Karaganda maslikhat, the road was aimed at improving road situation in the city. “Bypass road will improve road safety. It will be designated to let through transit transport on the Center-South direction. Therefore,…
DetailsMission of the International Monetary Fund (IMF), which is now in Baku, discussed the current situation in the banking sector with leading Azerbaijani banks, head of the Azerbaijan Banks Association (ABA) Zakir Nuriyev reported. The sides discussed the decisions made by the regulator – Azerbaijan’s Financial Market Supervisory Authority – on stabilization of the situation…
DetailsUkraine’s international reserves at the end of February stood at $15.5 billion against $15.445 billion at the beginning of the month, Head of the National Bank of Ukraine (NBU) Valeriya Gontareva has said. “We plan to increase our reserves, if the situation on the foreign exchange market allows us to do it,” Gontareva said. She…
DetailsUkraine imported 2.82 billion cubic meters of gas from Europe in January-February, up by 30% YoY, the gas pipeline operator Ukrtransgaz has said. This included 2.408 billion cubic meters of gas from Slovakia, 179.9 million cubic meters from Hungary and 232 million cubic meters from Poland. Ukraine imported 1.37 billion cubic meters of gas from…
DetailsOn February 11-20, air temperatures were 1-4 degrees C below normal in the south and south-east of Kazakhstan, where winter crops are cultivated. They were 2 degrees ‘ above normal in some areas. Precipitation occurred at above-normal rates everywhere. Frequent thaws that lasted for up to 6 days in the south of the country and…
DetailsThe State Enterprise Kyrgyz Temir Joly bears losses and can’t be engaged in freight carriage due to the lack of wagons, the deputy Abdykapar Sultanov said. The issue has been raised half a year ago, but there is no result. Kyrgyz Temir Joly is considered to be the state-owned company, paying millions of tax to…
DetailsCurrency reserves of the Central Bank of Azerbaijan (CBA) increased by $42.1 million (0.97%) to $4,369.3 million in February as compared to January, the CBA said in a message on March 1. CBA’s reserves increased by 8.5% in February as compared to the same month of 2016. Currency reserves of the CBA decreased by $1,042.3…
DetailsUzbekistan plans to spend foreign investments worth $4.506 billion on 199 investment projects in 2017. This is envisaged in an investment program for 2017 approved by a decree of Uzbekistan’s President Shavkat Mirziyoyev. Meanwhile, thanks to the foreign loans guaranteed by the government, it is planned to spend $1.854 billion on 79 projects and thanks…
DetailsIn the current season, Ukraine demonstrated rather record rates of wheat supplying to foreign markets. During the period of July-January of 2016/2017 MY, the exports of Ukrainian wheat reached 12.7 million tons, up by 16% YoY (11 million tons). At the same time, Ukraine showed a significant increase of grain exports in the Asian direction.…
DetailsArmenia’s exports amounted to $124.4 million in January, up by a total of 35.4% against the same period last year. As the National Statistical Service reports, Russia-bound exports surged by 80%, while those to the EU countries and Iraq increased by 21.5% and 24.4% respectively. Exports to the United Arab Emirates grew 6-fold, totaling some…
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