The National Bank of Ukraine (NBU) intends by 2018 to transfer to a new model of banking supervision, which will be based on a risk-based approach, a source in the banking circles reported, with reference to NBU Deputy Head Yekateryna Rozhkova, during the regulator’s traditional meeting with bank representatives. According to the report, the new…Details
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During 9 months of 2016 Kazakhstan supplied 1.6 million tons of flour to foreign markets, up by 36.2% YoY, the monitoring agency Energyprom.kz reported. In particular, Kazakhstan exported 40.8% of the general flour volumes to the CIS countries (654 thousand tons), including 80.3% of the volumes to Uzbekistan (525 thousand tons). Kazakhstan exported the remaining…Details
The division of the State Fiscal Service fighting capital outflow via transfer pricing should be expanded and reinforced, Finance Minister Oleksandr Danyliuk has said. “This is one of the spheres where the State Fiscal Service should work more. Instead of developing this sphere they reduced the transfer pricing division. I want the division expanded and…Details
Belarusian Deputy Minister of Foreign Affairs Evgeny Shestakov met with Uruguay’s Deputy Minister of Livestock, Agriculture and Fisheries Enzo Benech and Executive Director of Uruguay XXI Antonio Carambula to discuss possible supplies of agricultural equipment for small and medium-sized Uruguayan farms, the press service of the Belarusian Ministry of Foreign Affairs reported. “The parties discussed…Details
Ukraine as of November 25, had threshed 61.6 million tons of grain and leguminous crops from 13.6 million ha (95% of the forecast). According to the press service of the Agricultural Policy and Food Ministry, with the forecast being 5.9 million ha sunflower has been harvested from an area of 5.87 million ha (99%) in…Details
The Belarusian national electrical company Belenergo and the Czech-Belarusian Chamber of Commerce and Industry signed a memorandum of understanding in Prague, the website of the Belarusian Energy Ministry reported. The memorandum provides for enabling conditions conducive to the development of foreign economic contacts, establishment, maintenance and development of business ties and contacts between Belenergo’s enterprises…Details
The United Nations Development Program (UNDP) will buy medicines under 17 state-funded programs for $48.5 million using 2016 budget funds. The first batch will arrive soon, UNDP Coordinator Zafar Yuldashev has said. “We have held tenders under two programs and signed contracts saving $3 million. Soon the medicines will be supplied”, he said. UNDP reported…Details