Economy Minister Natia Turnava said the economy was starting to reopen, as the government was successfully containing the spread of the coronavirus. Visiting a factory of electric heaters in Georgia’s western city of Kutaisi, Minister Turnava said particular attention was now being paid to companies, which had been established by foreign investors. Atlantic Georgia –…Details
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The passenger flight Bishkek – Osh will be operated once a week, the Minister of Transport and Roads of Kyrgyzstan Zhanat Beishenov has announced at a meeting of the Republican Emergency Response Center. Domestic flights will resume from June 8. “The Ministry of Health and Manas International Airport have developed an appropriate algorithm. Stationary thermal…Details
Kazakhstan has cancelled the quotas for exports of all agricultural products. The decision is written in the decree “On revocation of some decrees of the Minister of Agriculture of the Republic of Kazakhstan” made effective from June 1. The decree repeals the following decrees of the Minister of Agriculture: No. 111 dated April 2 “On…Details
Operating banks in Ukraine in January-April posted UAH 25.208 billion, or $938.1 million, in profit, up by 39% YoY. The banks’ revenue increased by 16.8%, to UAH 90.004 billion ($3.3 billion), and expenses grew by 9.9%, to UAH 64.796 billion ($2.4 billion), the National Bank of Ukraine said on its website. Data per bank is…Details
Ihor Sikorsky Kyiv International Airport (Zhuliany) may not survive the COVID-19 crisis, if the government fails to provide support, the airport’s press secretary, Halyna Bohdanenko, says. The airport needs not so much financial assistance, but above all the regulatory support on the part of government, she said. “We’ve been trying for several months to have…Details
“Kazakhstan considers gradual resumption of international air service,” head of the civil aviation committee of the Kazakh Industry and Infrastructure Development Talgat Lastayev has said. Since the start of the pandemic 440 flights per week in 97 directions have been suspended. That is 99% of all international flights. At a meeting of the interdepartmental commission…Details
Estimated real gross domestic product (GDP) declined by 16.6% YoY in April and by 3.6% in the first four months of 2020, showed the latest data from the National Statistics Office of Georgia (Geostat). In April estimated real growth compared to the same period of the previous year was negative in almost all activities. Growth…Details