Azerbaijan’s Ministry of Finance has submitted the state budget drafts for 2018 to the Cabinet of Ministers, the ministry said on September 18. Draft state budget and draft consolidated budget for 2018, as well as consolidated budget indicators for the next three years, were submitted to the Cabinet of Ministers. Azerbaijani state budget revenues for…Details
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Ukraine has received proposals to buy back 2019 eurobonds for $1.161 billion and 2020 eurobonds for $415.152 million and chosen to accept all of the bonds validly tendered for repurchase, the issuer has reported on the Irish Stock Exchange (ISE) on September 18. “The offeror hereby announces that the total final acceptance amount is equal…Details
Minimum authorized capital for each newly established commercial bank in Uzbekistan will be 100 billion soums starting from October 1. According to the decree of the country’s President Shavkat Mirziyoyev “On measures to further develop and improve stability of Uzbek banking system”, the banks operating in Uzbekistan must bring their authorized capital, if necessary, to…Details
The Boryspil International Airport is conducting another round of negotiations with one of the largest European air-carriers, Ryanair, to ensure its entry into the Ukrainian market, Minister of Infrastructure Volodymyr Omelyan reported. “At the moment Ryanair is in the negotiation process with the Boryspil Airport. I hope that these negotiations will be a success, from…Details
The trade turnover between Ukraine and the European Union grew by one third over the first eight months of the current year compared with the same period in 2016, President of Ukraine Petro Poroshenko stated during 14th Yalta European Strategy (YES) annual meeting. “The Deep and Comprehensive Free Trade Area has allowed us to restructure…Details
The supervisory board of Estonian Railways (EVR) authorized the company’s management board to begin the activities necessary for the construction of the Riisipere-Turba section of the future Haapsalu rail link. The company must draw up and coordinate the project’s terms of reference and draft project, carry out an environmental impact assessment and construction engineering study…Details
Minister of Finance Toomas Toniste (IRL) said that increased economic growth, which is increasing revenues to the state budget, should not mean an increase in expenditures. “My wish is that next year, when revenues increase, we do not increase spending,” Toniste said at the government press conference. “This will generate additional funds and we will…Details