Producers of energy received from renewable sources could be exempt from taxes. The bill was drafted by the deputies of the Parliament. The law proposes to introduce an item on the producers of electrical and thermal energy, gas and renewable fuels in the gaseous state, liquid biofuel received from the use of renewable energy sources.…Details
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Ukraine: Privat Group spending on reserves for overdue credits and advance payments at UAH 144.713 billion in 2016
The Privat Group, the former owner of which is businessman Ihor Kolomoisky, in a report on profit and losses and other revenue for 2016 admitted spending on reserves for depreciation of credits and advance payments to clients UAH 144.713 billion, according to a draft audit report of Ernst&Young (E&Y), posted by the creative producer of…Details
The National Bank of Ukraine believes that the country’s economic growth will gradually speed up in 2018-2019 after a temporary slowdown in 2016. As the NBU press service reports, this will be facilitated by a further increase in consumer and investment demand at a high pace, as well as the export growth against the background…Details
A direct flight between Dushanbe and the Kazakh capital of Astana is expected to be launched in summer. The possibility of opening of the direct flight between Dushanbe and Astana was reportedly discussed at a meeting of Tajik Minister of Transport Khudoyor Khudoyorzoda with Kazakh Ambassador to Tajikistan Nurlan Seitimov. The two sides discussed issues…Details
Chinese business delegation comprised of representatives of several major corporations visited Uzbekistan. They attended a business forum with participation of business circles of the two countries. The State Committee of Republic Uzbekistan for investments organised the event. Welcoming the participants, Deputy Prime Minister Ulugbek Rozukulov noted that the two countries had established a strategic partnership…Details
International reserves of Kyrgyzstan reduced by $20 million in March, the National Bank of Kyrgyzstan reported. As of the end of March, gross reserves amounted to $1,971.4 billion. In February the figure was slightly higher – $1,991.49 billion. At the same time, compared to December 2016, the country’s reserves grew by $2.27 million. In March…Details
Azerbaijan is ready to open a trading house in the UAE and appoint a trade representative there, Azerbaijani Economy Minister Shahin Mustafayev said. He made the remarks at the 6th meeting of the Azerbaijan-UAE intergovernmental commission for trade, economic and technical cooperation in Dubai, reads a message of Azerbaijan’s Economy Ministry. Speaking about trade relations…Details