Azerbaijan: economy to grow in 2018

The Moody’s Investors Service international ratings agency has forecast the Azerbaijani economy to grow by 1.8% in 2018, Petr Paklin, the agency analyst, said at the Moody’s Annual Azerbaijan Summit in Baku on May 25. He noted that Azerbaijan’s GDP growth was highly dependent on the level of oil prices. If the oil prices remain…

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Ukraine: retail prices for “borsch” vegetables and meat up in May 2017

In the first fortnight of May, Ukraine’s retail prices for socially important products increased, namely the prices for the so-called “borsch” vegetables and meat, the Economic Discussion Club reports. “Potatoes and “borsch” vegetables showed a record growth in prices again. Over the first twenty days of May, consumer prices for these products have increased as…

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Tajikistan: foreign debt nearing $2.3 billion

As of April 1, Tajikistan’s external debt amounted to $2.2843 billion, $2.1078 billion of which is state debt, according the Ministry of Finance (MoF) Secretariat. Government-guaranteed debts amount to $23.3 million. Debts of state-owned enterprises without government guarantees have reached $31.5 million. The debts of the National Bank of Tajikistan (NBT) now amount to $12.6…

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