Experts say the ongoing labor migration Ukraine is seeing now may impede the country’s economic recovery, which was observed in the first half of 2018. “The only positive example in the Ukrainian realities is what the IT sector has done. Firstly, the introduction of taxation at 5% of the amount of income means the development…Details
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Revenues of local budgets in January-June grew by 23.8% YoY, or by UAH 20.741 billion, to UAH 107.704 billion. Over the said period, the government has carried out interbudgetary transfers to local budgets worth UAH 169.808 billion, which is 95.3% of the allotted appropriations, as reported on the website of the Ministry of Finance of…Details
Georgia exported 38.2 million bottles of wine to 48 countries in the first six months of 2018, announces the Georgian National Wine Agency. In January-June Georgia generated about $90.3 million from the sale of wine abroad. Revenue increased by 28% YoY, while the volume of exports increased by 21%, said the Georgian National Wine Agency.…Details
According to the Estonian Ministry of the Interior, building the infrastructure and surveillance system of the border between Estonia and Russia is set to cost around EUR 250.3 million over the course of 11 years, with additional maintenance costs of EUR 70 million to be needed down to 2026. At present the available resources to…Details
Iranian Deputy Minister of Industries, Mining and Trade Mohsen Salehinia said Iran Khodro Group (IKCO) planned to open new production line in neighboring Azerbaijan in a bid to increase its annual production there. “Iran Khodro is equipping its production line in Azerbaijan and plans to increase its daily output from 4 to 8 cars,” Salehinia…Details
The German federal company Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) mbH launches a new project to support the Energy Efficiency Fund of Ukraine, Vice Prime Minister-Minister for Regional Development, Construction and Housing Hennadiy Zubko wrote on his Facebook page. “We continue to unite international partners around the energy efficiency reform and the launch of the…Details
President of the State Enterprise Antonov Oleksandr Donets says his enterprise plans to build from 5 to 10 aircraft in the next five years under a base-case scenario. “The An-178 is my priority, because Antonov has always been famous for its transport aircraft. Then we will launch the manufacture of the An-158 aircraft. We would…Details