Ukraine: 1.5 million tons of flour produced

During nine months of 2016-2017 MY, Ukraine officially produced nearly 1.527 million tons of wheat flour, against 1.526 million tons in the same period last season, the Adviser to the Chairman at Agrarian Fund PJSC Sergei Sakirkin declared. According to him, Ukraine continues decreasing number of enterprises, which provide balances about grain processing volumes in…

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Belarus: China to open market to beef

China is going to open its market to Belarusian beef, Alexei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, declared. Belarusian Agriculture and Food Minister Leonid Zayats met with Zhi Shuping, Minister of the General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic…

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Latvia: construction output up in Q1 2017

Compared to the corresponding period of 2016, construction output in Latvia increased by 8.4% in Q1 2017. Construction production output at current prices amounted to 222 million euros. Construction output growth was recorded in all types of construction: 18.9% in construction of residential buildings, 7.2% in construction of non-residential buildings and 4.1% in construction of…

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Belarus: inflation at 0.7% in April 2017

In April the index of consumer prices for goods and services totaled 100.7% as against March and 102.4% as against December 2016, the National Statistics Committee of Belarus reported. In April the basic index of consumer prices that disregarded changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.1%…

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Ukraine: Antonov to become JSC

The Cabinet of Ministers of Ukraine has decided to transform Antonov and Plant 410 CA state-owned enterprises, which are part of Ukroboronprom state-owned defense giant, into joint stock companies. The relevant resolution was adopted at a government meeting on May 11. “This will improve the corporate management of enterprises, as well as attract investors,” said…

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Tajikistan: parliament ratifies financial agreement for rehabilitation of Dushanbe-Qurghon Teppa highway

Deputies of Tajikistan’s lower house (Majlisi Namoyandagon) of parliament have unanimously voted for ratification of a financial agreement for rehabilitation of the Dushanbe-Qurghon Teppa highway that was signed between the government of Tajikistan and the Asian Development Bank (ADB) in November last year. A regular sitting of the Majlisi Namoyandagon, presided over by its head,…

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Ukraine: key risks of banks low operation efficiency of state-owned banks and low quality of assets

The key risks of the Ukrainian banking sector are low operation efficiency of state-owned banks and low quality of their assets, according to the banking sector review published by the National Bank of Ukraine (NBU) on its website. “Largest state-owned banks require the radical change of their business models and designing long-term development strategies. The…

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