As of January 1, 2020, the arrears of wages of the employees of economically active enterprises decreased by 10% compared to December 1, 2019. Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov announced the relevant data at a briefing on the results of the Government’s actions. “To date, the wage arrears at the economically…
DetailsUkrainian citizens have filed more than 638,000 asset declarations since the beginning of 2010, having declared UAH 101.8 billion as income received in 2018, up by 39% YoY, the press office of the State Tax Service has reported. Accordingly, the amount of declared personal income tax has increased. It reached over UAH 3.4 billion, up…
DetailsThe Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan has confirmed that Kazakhstan will suspend bus and railway communication with China. Samat Gilimov, Chairman of the Transport Committee of the Ministry, told a press briefing on January 29 that the Government of Kazakhstan was taking additional measures to prevent the spread of…
DetailsSEB Estonia earned a profit of EUR 100.4 million in 2019, up from EUR 63.7 million in 2018. In 2019, SEB financed the plans of commercial enterprises with more than EUR 1 billion and individuals with more than half a billion euros. Last year, SEB assisted in the purchase of more than 5,000 new homes.…
DetailsGeorgia temporarily suspends direct flights with China to prevent the spread of coronavirus in Georgia, the Georgian Civil Aviation Agency (GCAA) reports. The suspension of flights will be in place until March 29. Chinese aviation authorities and the airline company China Southern have already been notified about the flight suspension. Chinese airline company China Southern…
DetailsThe average nominal wage of a full-time employee grew by 14.8% in Ukraine in December 2019 against November 2019, while rising by 16% YoY, to UAH 12,264, or $496. Real wages in Ukraine in December 2019 increased by 0.5% MoM and by 11.3% YoY, the State Statistics Service reported. The average nominal rate of a…
DetailsThe state budget of Ukraine in 2019 was implemented with a deficit of UAH 78.050 billion ($3.14 billion), up by 32% YoY, the State Treasury Service of Ukraine reported on its website. The consolidated budget saw a deficit of UAH 84 billion ($3.41 billion), the report said, up by 24%. The 2019 state budget provided…
DetailsLocal residents held a protest in At-Bashi district of Naryn region of Kyryzstan near the building of local administration. Residents demanded to cancel lease of land to Chinese investors for construction of a logistics center. About 150 people participated in the peaceful rally. Local residents insist that the Government should involve local businessmen, and not…
DetailsCurrently there is no specific plan to use taxes to improve state goals in relation to climate neutrality in Latvia, said Economy Minister Ralfs Nemiro at a press conference after a government meeting on January 28. In the government’s approved Economy Ministry’s developed National Energy and Climate Plan for 2030 it is proposed reaching “green”…
DetailsNational Bank chairman Yerbolat Dossayev focused on the national payment system and exchange market development. “One of the priorities of the National Bank is to fight the shadow economy and increase the share of paperless payments. To this end the National Bank, financial market development and regulation agency and Government will prepare the national payment…
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