The shortcomings of macroeconomic forecasting, in particular regarding the hryvnia exchange rate, led the state budget falling short of UAH 2.3 billion ($94 million) in January, said head of the Accounts Chamber of Ukraine, Valeriy Patskan. “The actual hryvnia exchange rate in January on average amounted to UAH 24.1 to the dollar, while budget revenue…Details
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Ukraine’s Deputy Minister of Energy and Environmental Protection Oleksiy Riabchyn and Norway’s State Secretary in the Ministry of Petroleum and Energy Odd Emil Ingebrigtsen have discussed the development of Ukrainian-Norwegian cooperation in the energy sector. They met in Oslo on February 12. The meeting was also attended by Ukraine’s Ambassador to Norway Vyacheslav Yatsiuk and…Details
Georgia’s external trade turnover amounted to $882.4 million in January, up by 5.7% YoY, showed data from the National Statistics Office of Georgia (Geostat). The value of exports increased by 10% and reached $262.6 million, while imports increased by 3.9%, amounting to $619.7 million. The trade deficit of Georgia in January amounted to $357.1 million,…Details
Europe’s largest bus company, FlixBus, will start traveling to Tallinn under plans to expand to eastern and western Europe in the first half of 2020. The Ministry of Economy has approved FlixBus Polska’s request to open bus routes on Berlin-Tallinn, Warsaw-Tallinn and Prague-Tallinn. “We are preparing to start operations in the Baltic States,” said Michal…Details
Plan of Development Bank of Kazakhstan (DBK) for project’s support in 2019 was 446.5 billion tenge ($1.1 million), DBK Deputy Chairman of the Management Board Duman Aubakirov announced. Aubakirov noted that in accordance to DBK’s development strategy, the bank was planning to allocate approximately 4.4 trillion tenge ($11.5 billion) for development of processing industry and…Details
Head of Ukravtodor Automobile Road Agency Oleksandr Kubrakov says Ukraine’s main highways network could be upgraded within two or three years. “I think the country has a chance to get good roads and renew their main network in two or three years. But we can show a truly unprecedented result and construction scope as early…Details
The Serbian national airline Air Serbia announced the launch of regular flights from Lviv to Belgrade (Serbia) from June, the press service of Lviv Danylo Halytskyi International Airport reported. “Starting from June 5, Air Serbia opens a new direction on the Lviv-Belgrade route. Flights will be operated four times a week, on Mondays, Wednesdays, Saturdays…Details