Over the first six months of 2021, eleven export markets opened for Ukrainian producers, almost as many as in 2020 when 12 export markets opened. As the State Service of Ukraine for Food Safety and Consumer Protection informs, the markets of Lebanon, Japan, Argentina, Libya and Kuwait have opened for Ukrainian producers of milk and…Details
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Five out of ten members of the Monetary Policy Committee (MPC) of the National Bank of Ukraine (NBU) believe that the key policy rate should be further raised this year. “The NBU will have to further raise the key policy rate this year to ensure that inflation returns to its 5% target in 2022, five…Details
European Bank for Reconstruction and Development (EBRD) has maintained Latvia’s GDP outlook for 2021 unchanged. The country’s economic growth is expected to be the most rapid among the Baltic States. The bank’s latest outlook estimates Latvia’s economic growth to reach 3.5% this year. Commenting on this year’s outlook, EBRD notes that the slow speed of…Details
The turnover of retail trade enterprises was EUR 778 million in May, up by 18% YoY at constant prices, data from Statistics Estonia showed. Jaanika Tiigiste, leading analyst at Statistics Estonia, explained that turnover growth of retail trade enterprises in May was mostly influenced by stores selling manufactured goods, where turnover increased by 32%. “The…Details
Uzbek and Turkish entrepreneurs inked 25 documents worth over $679 million, as they attended an Uzbek-Turkish business forum in Tashkent on June 28-29. The event was organized as part of Turkish delegation’s visit to Uzbekistan. The forum saw presentations by the heads of ministries and industry associations, which were focused on projects in the fields…Details
On June 29, the Ukrainian Finance Ministry raised UAH 2.5 billion towards the state budget as a result of auctions on the placement of domestic government bonds, the Finance Ministry wrote on its Facebook page. The Finance Ministry offered investors seven issues of hryvnia-denominated bonds, with a maturity of 3 months, 1 year, 1.5 year,…Details
The National Bank of Ukraine (NBU) provided a total of UAH 750 million in refinancing to five banks, the central bank’s press service reported. “On June 25, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of five banks for a total sum of UAH 750.0…Details