Consumer inflation in Ukraine accelerated to 2.6% in annual terms in October (from 2.3% in September). Prices rose by 1.0% in monthly terms, according to the press service of the National Bank of Ukraine (NBU). “Actual consumer inflation corresponded to the trajectory of the forecast published in the October Inflation Report. The weakening of the…Details
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Since 1993, US Agency for International Development (USAID) has partnered with the people and government of Uzbekistan to diversify the country’s economy, increase regional trade, address serious health threats, improve learning opportunities for students and build the government’s capacity to respond to the population’s needs, Information Officer of US Embassy in Tashkent Susannah Wood reports.…Details
On November 11, Latvian Saeima’s Budget and Finance Committee supported for the final reading amendments to the Law on Social Security that provided for defining minimal income thresholds, their lowest volumes and the frequency of their review. The legislative draft has been included in the state budget legislative package. The legislative draft currently states that…Details
The finance committee of the Estonian parliament at a sitting on November 10 voted on the amendments submitted to next year’s state budget and agreed to send the draft to the second reading at a plenary sitting on November 18. Finance committee chairman Aivar Kokk said the 44 proposed amendments were discussed and a consolidated…Details
Prime Minister Denys Shmyhal says the deficit of Ukraine’s national budget is one of the lowest indicators in Europe. “When today we take European countries and see what deficits in developed economies, in neighboring countries are, then Ukraine has one of the lowest budget deficits. This year, 7.5% is one of the lowest indicators in…Details
The National Bank of Ukraine (NBU) has held a refinancing tender to provide four banks with UAH 563.6 million ($20 million) in refinancing loans at an interest rate of 6% per annum, with an 84-day maturity period. The National Bank holds biddings to maintain banks’ liquidity for up to 90 days. Biddings are held each…Details
In September, the foreign trade turnover of Latvia amounted to EUR 2.7 billion, which at current prices was 7.7% larger than a year ago, of which the exports value of goods was 13% higher, but imports value of goods – 3.5% higher. Latvia exported goods in the amount of EUR 1.28 billion, but imported –…Details