GDP growth rate in Turkmenistan amounted to 6.2% in 2016, the country’s Ministry of Economy and Development said. The growth rate has increased by 1.1% in the industrial sector, by 4.3% – in construction, by 10.7% – in transportation and communication sector, by 14.1% in trade, by 9.9% in agriculture and by 10.4% in the…
DetailsGas stocks in Ukraine’s underground storage facilities declined by 38.6%, to 9.044 billion cubic meters since October 13, 2016 when the current heating season began, through February 11. Ukraine withdrew 87.94 million cubic meters from underground storage on February 11, and a total of 840.54 million cubic meters on February 1 through February 11 (74,41…
DetailsSurplus of Ukraine’s national budget in October 2016 totaled UAH 3.1 billion thanks to the improvement of the revenue target implementation along with moderate spending, the National Bank of Ukraine (NBU) has reported. “In October 2016, growth of revenue of the national budget resumed (by 29.9% YoY). In contrast to the previous months it was…
DetailsPresident Shavkat Mirziyoev during his trip to Surkhandarya region reviewed the activities of the agricultural firm Agro Fresh Gold in the Termez district. Surkhandarya farmers are making a worthwhile contribution to the welfare of the people, prosperity and abundance in the markets of the country all year round. 7% of cultivation lands of the country…
DetailsTajik national air carrier, Tajik Air, is reportedly continuing to work on resuming domestic flights en route Dushanbe – Khorog – Dushanbe. The airline, however, says it needs benefits to operate domestic flights. “We are currently doing everything in our power to resume the flight Dushanbe – Khorog – Dushanbe,” Aziz Khairulloyev, a spokesman for…
DetailsLicenses of 13 exchange offices were revoked in 2016 for the systematic violation of regulations and failure to fulfill the requirements of the National Bank of Kyrgyzstan. In recent years, the number of exchange offices increased in Kyrgyzstan. At the beginning of 2016 there were 394 of them – 65 more than in 2015. In…
DetailsIn January the index of consumer prices for goods and services totaled 100.9% as against December 2016, the National Statistics Committee of Belarus reported. In January the basic index of consumer prices that disregards changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.7% as against December 2016. Food…
DetailsTajikistan’s first privately owned air company, Somon Air, operated a test flight to the Uzbek capital of Tashkent. The airline was operating the test flight to Tashkent with a delegation of the Tajik civil aviation authorities on board. Meanwhile, regular flights are expected every Monday from February 20, onward. Somoni Air has said in an…
DetailsTajikistan intends to increase its gold-and-currency reserves, according to the National Bank of Tajikistan (NBT). The country’s gold-and-currency reserves rose by 37% YoY by December 31, 2016, reaching $681.98 million, which was an equivalent of about 2.7 months of imports. Last year, Tajikistan’s average monthly imports amounted to $252 million. As of January 1, 2016…
DetailsIn his recent resolution, President Shavkat Mirziyoyev approved of the feasibility report of ‘Construction of Tashkent Airport New International Passenger Terminal (Tashkent 4),’ an investment project. Uzbekistan Airways is constructing the terminal under the Engineering, Communication and Road Transport Development and Modernization Program for 2015-2019. The project is exemplary of bilateral relations between Uzbekistan and…
DetailsRussian aviation was redeployed from air bases in Chelyabinsk region and the air base «Kant» (Kyrgyzstan) to Tajikistan, the Assistant Commander of the Central Military District, Colonel Jaroslav Roshupkin said. «Aircrafts of operational-tactical aviation — Su-24M and Su-25 SM — were redeployed to the airfield Aini near Dushanbe for a planned joint training of units…
DetailsThe Individuals Deposit Guarantee Fund expects that state-run Oschadbank (Kyiv) would become participant of the fund in the middle of 2018, Managing Director of the fund Kostiantyn Vorushylin said. “We expect that from 2018 Oschadbank will become participant of the fund. It is already planned. This will mean additional payments to the fund,” he said,…
Details73 villages of Kyrgyzstan have no mobile communications, the director of the State Committee for Information Technology and Communications Bakyt Sharshembiev said. According to him, the agency has made a plan under which each mobile company at its own expense should connect these villages to mobile communications in the next three years. «Today Kyrgyzstan has…
DetailsTransfer of Ungar-Too station is out of question, the director of the State Committee for Information Technology and Communications Bakyt Sharshembiev said. According to him, the conversation was about the construction of another station in the same area to amplify signals. «At the moment the station on Ungar-Too is operating normally,” Bakyt Sharshembiev said. In…
DetailsRaiffeisen Bank Aval saw UAH 3.804 billion of profit after taxation in 2016, being the best among Ukrainian banks, the National Bank of Ukraine (NBU) has reported. Citibank saw UAH 1.45 billion of profit and OTP Bank saw UAH 913.76 million, being third. Credit Agricole Bank saw UAH 807.79 million and ING Bank Ukraine –…
DetailsTMM developing and construction firm LLC (Kyiv) intends to realize a project to build a solid household waste-to-energy plant near combined heat and power plant No. 6 in Kyiv, TMM Director General Mykola Tolmachev has said. “The waste combust technology is similar to the “magma” technology when waste is heated on hot stone without the…
DetailsDushanbe and Baku intend to restore direct air communication. This issue was reportedly discussed at a meeting of Tajik Minister of Economic Development and Trade Nematullo Hikmatullozoda with Azerbaijan’s Ambassador to Tajikistan Abbasali Hasanov. According to the press center of the Ministry of Economic Development and Trade, the parties also discussed preparations for the next…
DetailsAs of December 31, 2016 the size of the national debt of Kyrgyzstan amounted to $4,105 billion, the Minister of Finance Adylbek Kasymaliev declared. According to him, the domestic public debt amounted to $322.7 million and the external – $3,782.74 billion. “The size of the external debt to GDP amounted to 57.2%. By law, the…
DetailsIn 2016 Kyrgyzstan produced fewer clothes, but most of the metal ore. This was stated at a meeting of the board of the State Committee for Industry, Energy and Subsoil Use. According to its deputy chairman Kuban Myrzakanov, over the past year the industry produced goods at 205,265.6 billion soms, and without companies developing the…
DetailsProduction of cement declined after Kyrgyzstan’s accession to the Eurasian Economic Union. This was stated at the board meeting of the State Committee for Industry, Energy and Subsoil Use. According to the deputy chairman of the committee Kuban Myrzakanov, large volumes of cement made in Kazakhstan started arriving with which the domestic market can not…
DetailsProduction cost of a kilowatt-hour of electricity in Kyrgyzstan in 2016 was 43.8 tyiyn, the State Committee of Industry, Energy and Subsoil Use reported. It is noted that this figure was determined excluding imports. In 2015 the cost was 45.4 tyiyn per kilowatt. The reduction is caused by a decrease in the share of HPP…
DetailsOil refineries in Kyrgyzstan have great difficulties with supplies of raw materials in required quantities, the State Committee of Industry, Energy and Subsoil Use reported. It is noted that the main strategic suppliers of the refineries are the companies from Russia and Kazakhstan. Oil supplies from Russia are unprofitable because the cost of raw materials…
DetailsTMM developing and construction firm LLC (Kyiv) in 2016 retained revenue from selling property in realized projects and projects under construction in money terms at the level of 2015 – UAH 328 million. “In 2016 property sales remained at the level of the previous year. We retain sale revenue at UAH 328 million. Sales in…
DetailsProjects on improvement of water supply worth $110.4 million are implemented in 22 towns of Kyrgyzstan, the Director of the Department of Drinking Water Supply and Disposal Development under the State Agency for Architecture, Construction and Housing Askarbek Toktoshev said at cabinet meeting. According to him, 65% of the total amount of funds raised is…
DetailsAs of today, there are only 12,000 tons of petroleum products out of 42,000 required for spring fieldwork, the Prime Minister of Kyrgyzstan Sooronbay Jeenbekov said at a cabinet meeting. According to him, readiness for spring work is not at an adequate level. Readiness of agricultural machinery comprises only 70%. This figure reaches 52% in…
DetailsThe Ukrainian pilot service market should be demonopolized in the near future, Ukrainian Infrastructure Minister Volodymyr Omelyan has said. “I think that Delta-Pilot monopoly is wrong. I think that if we reduce port tariffs and duties, it would be absolutely logical to make the same step in pilot services. If we speak about the creation…
DetailsLarge and medium-sized crushers of Ukraine produced 2.5 KMT of rapeseed oil in December 2016 against 2 KMT in November 2016 and 7.2 KMT in December 2015. Rapeseed oil production at Ukraine’s large and medium-sized plants has amounted to 61.6 KMT since the beginning of the season 2016/2017, or down by 52% YoY. Analysts note…
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