Georgia: GDP up in November 2016

Georgia’s real GDP expanded by 2% in November 2016, after a 1.3% growth in October, according to the preliminary data released by the State Statistics Office. Economy grew by 2.4% in the first eleven months of 2016, according to Geostat’s preliminary data. The 2016 economic growth forecast was reduced from 3% to 2.7% as a…

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Belarus: budget for three years approved

The Council of Ministers of Belarus issued resolution No. 1094 on December 28, 2016 to enact the medium-term financial program of the central state budget for 2017-2019, the press service of the Belarusian government reported. The document stipulates a number of key economic indicators as well as social and economic development targets for the next…

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Belarus: Rosselkhoznadzor returned 360 batches of animal products

In 2016 more than 360 batches of dairy, meat and fishery products of Belarusian origin were returned at the Belarusian-Russian administrative border, the press service of the Rosselkhoznadzor reported. The products were returned for the following reasons: the documents with advance production dates of products, re-branding of meat, poor sanitary condition of vehicles and products,…

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Ukraine: EU cuts wheat imports

The European Union, which ranked second in Ukraine’s wheat export structure in the 2015/2016 marketing year, imported 450 thousand tons of the Ukrainian wheat in 2016, down 3-fold YoY. According to official figures, Ukraine’s wheat exports came to 1,382.7 thousand tons in November 2016, comparable to the amount recorded for the same period last year…

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