The National Bank of Ukraine (NBU) expects that the economic recovery in Ukraine will begin at the end of the third quarter, First Deputy NBU Governor Kateryna Rozhkova has said. “We expect, based on the forecasts we hear, that from the end of the third quarter, the economy will recover and customers and banks will…Details
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From Q4 2019 onward the price of electricity has reduced, according to the latest market data from the Public Utilities Commission (SPRK). Prices benefit from warm weather and recovery of water reserves, which allows increasing the power production output at hydroelectric power stations. Last year’s lowest average monthly electricity price in Nord Pool exchange was…Details
As of December 2019, the external debt of Georgia amounted to $18.6 billion, which was 105.1% of the gross domestic product of the year, said the National Bank of Georgia. During the fourth quarter of 2019, the gross external debt of Georgia increased by $729 million. Out of that, a $529.5-million increase was due to…Details
Municipalities are urged to consider the option to abolish public transport discounts and benefits for certain groups to reduce the risk of people from risk groups getting infected, as well as to more accurately organize the flow of passengers, according to a Twitter post by the Transport Minister Talis Linkaits. Based on the minister’s order…Details
In January-February, Ukraine produced 245.58 thousand tons of wheat and wheat-rye flour, down by 7.4% YoY, declared the State Statistics Service. In particular, in February Ukraine produced 121.46 thousand tons of flour, down by 12.2%. (APK-Inform/Business World Magazine)Details
Experts say the harvest of buckwheat in Ukraine in 2020 may grow by 13.3% YoY, to 96,400 tons, while that of peas may rise by 20%, to 687,400 tons. As for the grain group, yields of rye and spring wheat are also expected to increase, to 355,400 tons (by 6.7%) and to 696,800 tons (5.3%),…Details
Uzbekistan is building hospitals to quarantine and treat those infected with coronavirus in Andijan, Navoi and Surkhandarya regions, the Health Ministry has reported. In total, about 10 hospitals will be built in the country for this purpose. Earlier it was reported that three modern specialized medical facilities for quarantine would be put into operation in…Details