The repair of the hydropower plants in Kyrgyzstan is dragged on due to the disagreements among the tender participants. Electric Stations OJSC reported. The company said that a tender for a total cost of 43.5 million soms was announced for the repair of equipment at Toktogul, Shamaldysay, Uch-Kurgan, At-Bashi HPPs. Applications were submitted by three…Details
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In January-March the exports of goods and services from Ukraine totaled $12.4 billion, up by 28% YoY, or by $2.7 billion, the Ministry of Economic Development and Trade of Ukraine reported. In particular, in the reporting period the exports of goods increased by 34.4%, or by $2.7 billion, and totaled $10.4 billion. Agricultural products and…Details
Kazakh President Nursultan Nazarbayev visited the new Nurly Zhol railway station and familiarized with its modern infrastructure. The head of the national railway company Kazakhstan Temir Zholy Kanat Alpysbaev told the president about the implementation of the program for the development of high-speed passenger traffic and the development of the new railway junction in Astana.…Details
An International Monetary Fund (IMF) mission, led by Paul Ross, visited Dushanbe on May 17-30 to conduct the 2017 Article IV consultation discussions. The team reportedly welcomed the authorities’ intention to resume discussions on a possible IMF program, and discussed steps that would demonstrate reform progress and pave the way to resume program negotiations. At…Details
Restructuring of external debt of the International Bank of Azerbaijan (IBA) has not affected the country’s banking sector and the interaction between other commercial banks, as well as between banks and their customers, said Zakir Nuriyev, head of Azerbaijan Banks Association (ABA). “The state has been fulfilling its obligations to IBA from the first day,…Details
Turkish company Onur Construction International LLC has won two tenders to build sections of public roads in Lviv region for a total amount of UAH 968 million. According to data from the ProZorro procurement system, Onur Construction International won a tender for the repairs of the public highway T-18-06 Rivne – Mlyniv – Berestechko –…Details
The growth of Ukraine’s gross domestic product (GDP) will accelerate from 1.8% in 2017 to 3% in 2018, 3.6% in 2019 and 4% in 2020, such a basic macro scenario was approved by the Ukrainian government at a meeting on May 31. “According to this scenario, the rates of business’ adaptation to new conditions, preservation…Details