Belarus aims to produce 6 tons in the average milk output per cow by 2020, Belarus’ Agriculture and Food Minister Leonid Zayats said during the session of the ministry on February 5. “Relying on science, building on the national and world experience, the dairy industry will take another development turn and dramatically improve its productivity…Details
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Laying work of new station tracks started at the Eybat cargo train station in Qaradag district of Baku, said the message of the public-relations department of Azerbaijan Railways on February 5. A surge of cargo turnover is expected after the completion of large-scale projects carried out on the railways of the country, the message notes.…Details
Vilnius Airport is launching a four-year, 60-million-euro major renovation of its passenger terminal to improve passenger service and increase the terminal’s capacity. “The terminal was designed to serve around 3.5 million passengers annually. This figure has already increased to 3.8 million over the past few years. This is why the decision was made to launch…Details
Average wholesale market price of electricity on the wholesale market of Ukraine in 2017 grew by 2.9% or by UAH 209.95 per MWh compared with 2016, from UAH 1,315.03 to UAH 1,353.27 per MWh. According to the state-owned enterprise Energomarket, the average wholesale market price grew due to a rise in the average selling price…Details
International Monetary Fund (IMF) Resident Representative in Ukraine Goesta Ljungman says the IMF estimates the growth of Ukraine’s economy in 2017 at 2% and forecasts an increase by 3-3.5% in 2018. Ljungman said that there was a definite resumption of economic growth. “Last year it was 2%. In 2018 it will increase by about 3-3.5%,”…Details
The 2019 state budget will not have free fiscal space, said chairman of Fiscal Discipline Council (FDC) Janis Platais. He mentioned that everything that was possible to promise had been promised. Because of that, the budget has no free funds. “If plans come up to increase funding somewhere, it will be necessary to reduce it…Details
Belarus and Armenia have a big potential to increase mutual trade, Belarus’ Prime Minister Andrei Kobyakov said at a one-on-one meeting with his Armenian counterpart Karen Karapetyan. According to Karen Karapetyan, last year the two countries increased trade by 20%. However, the two states can do much more. “There are more opportunities for trade growth.…Details