The micro-enterprise tax has created serious defects for Latvia’s tax system, said Fiscal Discipline Council chairman Janis Platais. “It has caused very serious defects to our tax system. It suffocates growth. It acts against the tax neutrality principle, when taxes should not stimulate one or the other form of business,” Platais said. He believes Latvia…Details
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Retail trade in Ukraine rose by 5.8% YoY in January-April in comparable prices, to UAH 226.749 billion, or $8.6 billion, according to the State Statistics Service’s website. Retail turnover increased the most in Kirovohrad region (by 9.3%, to UAH 4.37 billion), Lviv region (by 9.2%, to UAH 13.1 billion), Poltava region (by 8.4%, to UAH…Details
JSC RBK Bank announced the intention to merge with JSC Qazaq Banki. “Shareholders of JSC Bank RBK and JSC Qazaq Banki are negotiating the merger of the two institutions. In the near future the banks are expected to sign a memorandum of understanding, which will become the starting point for the merger,” the KASE report…Details
Tajikistan: capital mayor’s office takes efforts to curb rise in basic food prices at markets during Ramadan
The Dushanbe mayor’s office is taking efforts to curb rise in prices of basic food products during the Islamic holy month of Ramadan, according to the Dushanbe administration press center. By Dushanbe mayor’s decree merchants and farmers selling their products at Dushanbe’s Dehqon, Shohmansour and Sakhovat bazaars will be exempt from paying one-time fee, a…Details
The implementation of the Sustainable Development Doctrine will allow Ukraine to achieve the level of Western countries by 2030 and ensure an annual growth of 10%, Ukrainian parliamentarian Serhiy Taruta said while presenting the publication titled “Ukraine 2030: The Doctrine of Sustainable Development.” The parliamentarian who is the author of the idea of writing the…Details
The average price for agricultural products set by Ukraine’s farmers in January-April increased by 11% YoY, the State Statistics Service reports. Prices for plant products in the reporting period rose by 8.5%, while those of livestock products went up by 23.4%, according to the report. In April against March, agricultural products grew in price by…Details
The European Union-funded project, Technical Assistance to Support Pension Reform in Tajikistan, was launched in Dushanbe. According to the European Union Delegation to Tajikistan, the project will run for over three years (until January 2020) and will provide support to the Agency for Social Insurance and Pensions (ASIP) in the areas of Information and Communications…Details