Ukraine: 15 largest banks left to finish additional capitalization program

9 banks out of 35 largest Ukrainian banks have finished the additional capitalization programs and restructuring plans after stress tests conducted earlier as of February 1, and 11 initially did not require additional capitalization, the National Bank of Ukraine (NBU) reported. The NBU said that 15 more banks continued implementing the additional capitalization programs, and…

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Turkmenistan: GDP up in 2016

GDP growth rate in Turkmenistan amounted to 6.2% in 2016, the country’s Ministry of Economy and Development said. The growth rate has increased by 1.1% in the industrial sector, by 4.3% – in construction, by 10.7% – in transportation and communication sector, by 14.1% in trade, by 9.9% in agriculture and by 10.4% in the…

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Belarus: inflation at 0.9% in January 2017

In January the index of consumer prices for goods and services totaled 100.9% as against December 2016, the National Statistics Committee of Belarus reported. In January the basic index of consumer prices that disregards changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.7% as against December 2016. Food…

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Uzbekistan: President approves Tashkent 4 feasibility report

In his recent resolution, President Shavkat Mirziyoyev approved of the feasibility report of ‘Construction of Tashkent Airport New International Passenger Terminal (Tashkent 4),’ an investment project. Uzbekistan Airways is constructing the terminal under the Engineering, Communication and Road Transport Development and Modernization Program for 2015-2019. The project is exemplary of bilateral relations between Uzbekistan and…

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Kyrgyzstan: Russian planes from Kant air base redeployed to Tajikistan

Russian aviation was redeployed from air bases in Chelyabinsk region and the air base «Kant» (Kyrgyzstan) to Tajikistan, the Assistant Commander of the Central Military District, Colonel Jaroslav Roshupkin said. «Aircrafts of operational-tactical aviation — Su-24M and Su-25 SM — were redeployed to the airfield Aini near Dushanbe for a planned joint training of units…

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Kyrgyzstan: cement production down

Production of cement declined after Kyrgyzstan’s accession to the Eurasian Economic Union. This was stated at the board meeting of the State Committee for Industry, Energy and Subsoil Use. According to the deputy chairman of the committee Kuban Myrzakanov, large volumes of cement made in Kazakhstan started arriving with which the domestic market can not…

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