Uzbekistan and Tajikistan have agreed to increase bilateral trade to $1 billion in the coming years, as Uzbekistan Deputy Prime Minister and Minister of Investments and Foreign Trade Sardor Umurzakov met his Tajik counterparts in Dushanbe on June 5. The parties have agreed to increase exports, and launch joint ventures in the free economic zones…Details
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The World Bank’s Board of Executive Directors has approved a $100-million loan to Ukraine’s state-owned Ukreximbank to be used for the special-purpose medium- and long-term lending to export-oriented small and medium-sized enterprises. The current Access to Long-Term Financing project for a total of $150 million has been implemented since June 2018 and already provided a…Details
Ukraine’s international reserves in May shrank by 0.6%, to $27.840 billion in the equivalent as of June 1. The reduction was due to the repayment of external and internal debts by the state, which were partially offset by foreign exchange (FX) earnings in favor of the government, the press service of the National Bank of…Details
During the last year income of more than one fifth (21%) of Latvian households reduced, of 66 % – did not change, but of 13% – increased. In turn, in the following 12 months majority of households (78%) expect that their total income will not change, 15% – expect that their income will increase and…Details
It is planned to attract $6.058 billion to the energy sector for its sustainable development until 2035, the Chairman of the National Energy Holding of Kyrgyzstan Bakyt Sydykov has announced. According to him, 4,533 megawatts of generating capacities are planned to be commissioned at the expense of these funds. At the same time, it is…Details
In May, the consumer price index increased by 0.9% MoM and by 3.6% YoY. Rising prices of motor fuel and electricity were behind the increase. Goods were 2.9% and services 4.4% more expensive than in May last year. Viktoria Trasanov, lead analyst at Statistics Estonia, said, compared to May 2020, the consumer price index was…Details
In response to consumer complaints in social networks about frequent power outages, the Ministry of Energy “has tried to give” a detailed explanation on some of them. The ministry said that the cases of short-term power outages were mainly associated with the gusty wind observed in a number of regions on June 1-3. “As a…Details