The inflation rate in Belarus can be reduced to 5% in the near future, Economy Minister Vladimir Zinovsky reported. “The inflation target for 2017 is under 9%. However, the consumer price index rose at a slower pace, which gives reason to expect the inflation to trend around 7%. The most important thing is to make…Details
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Belarus’ GDP is projected to increase by 1-1.1% in H1 2017, Economy Minister Vladimir Zinovsky reported. “The statistics are not available yet but we know the figures for some sectors. The manufacturing industry has fared well. Due to the bad weather we have not been able to crop the first harvest of forage crops as…Details
Uzbekistan: banks entitled to carry out transactions on foreign exchange market at market exchange rate
The transactions on purchase and sale of foreign currency between the authorized banks and their clients were carried out at the average exchange rate fixed in interbank trading sessions held in Uzbekistan during the previous week. By its resolution the Uzbek government abolished this procedure. According to the decision of the country’s Cabinet of Ministers,…Details
The Port of Odessa says its throughput in January-June totaled 12.24 million tons, up by 5% YoY. In the reporting period the port handled 4,336,000 tons of grain (+12.3%), 252,570 TEUs of containerized cargo (+9.9%), 1,169,600 tons of liquid bulk cargo (+36.7%), and 2,715,300 tons of ferrous metal (against 3,132,900 tons in H1 2016). In…Details
Boryspil International Airport is resuming negotiations with the Irish low-cost airline Ryanair in a new format, the airport’s director general, Pavlo Riabikin, has reported on Facebook. “I have met with representatives of the country’s leading television media. Such interaction with journalists helped deeply consider urgent issues without unnecessary emotions. I’m confident that we managed to…Details
In accordance with the Decree of the President of Uzbekistan dated February 14 “On measures for implementation of the Program for development of regional road in 2017-2018”, in January-June the road workers of the republic repaired 2757,8 km of inter-farm rural roads, city streets, urban villages, kishlaks and auls. This is 4 times more than…Details
The prices of consumer goods and tariffs for services decreased by 1% in Azerbaijan in June compared to May, the country’s State Statistics Committee said. The prices of foodstuffs decreased by 2.5% during the reporting period, while the prices of non-food items and paid services increased by 0.1%. The prices of consumer goods and tariffs…Details