Currency reserves of the Central Bank of Azerbaijan (CBA) amounted to $5,534.5 million at the end of September 2018, up by $367 million or by 7.1% YoY, according to statistical data posted on the CBA website. CBA’s reserves increased by $31 million during September, while since early 2018 the figure has increased by $199.9 million.…Details
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Coal buyers have overpaid UAH 15 billion, or $536 million, for the illegal use of the so-called “Rotterdam Plus” formula. “The other day, we got an economic report by specialists who concluded that the use of ‘Rotterdam Plus’ tariff was indeed unreasonably applied, the established amount of illegally charged funds received as a result of…Details
About EUR 880 million of investments have been attracted in the development of new renewable energy capacities in Ukraine since 2015, Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine Serhiy Savchuk stated in his speech at the conference “Eco-Innovation and Green Entrepreneurship: Made in Ukraine”. “In general, about EUR 880…Details
A free trade deal signed between Georgia and Hong Kong this June will be sent to the Parliament of Georgia for ratification, the Prime Minister of Georgia Mamuka Bakhtadze announced. “The most important priority of our economic strategy is to better integrate Georgia into the global economy. I want to remind you that we are…Details
Nakhchivan Automobile Plant is implementing a project for production of electric cars, which, along with being cost-effective, are environmentally friendly, Director of the Nakhchivan Automobile Plant Musa Abdullayev reported on October 3. At the same time, the plant ordered ambulances based on a LIFAN commercial minivan and the first models would be assembled in early…Details
Kazakhstan has harvested 18.17 million tons on grain as of October 3. According to the Ministry of Agriculture, farmers have harvested 13,453,700 hectares, which constitutes 89.5% of the areas planted to grain crops, with the average yield of 13.5 hundredweights per hectare. As of October 3, 2017 farmers had harvested 15,170,300 hectares or 99% of…Details
In January-September UAH 165.2 billion in revenues were transferred to local budgets in Ukraine, up by 23.6% YoY, the press service of the State Fiscal Service (SFS) reports. “In January-September local budgets received UAH 165.2 billion of payments controlled by the SFS, up by UAH 31.5 billion more compared with the corresponding period last year,”…Details