The National Bank of Ukraine (NBU) has raised its forecast for the growth of Ukraine’s gross domestic product (GDP) for 2017 to 2.8% from 2.5% and lowered the one for 2018 to 3% from 3.5%, the NBU has said. According to the central bank’s estimates, economic growth in 2016 stood at 1.8%. According to the…Details
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Agrarians of Ukraine in 2016 acquired about 8.5 thousand units of equipment valued at almost 9 billion UAH. This was stated by the minister of agrarian policy and food of Ukraine Taras Kutovoy. “Ukraine is a promising platform for agricultural engineering. Therefore, I urge the international manufacturers and investors to expand and transfer their production…Details
In the current season of 2016/2017 Kazakh exporters continued building up wheat bran shipments to foreign markets. Kazakhstan exported 60.6 KMT of wheat bran in the first three months of the season (September-November 2016), up by 66% YoY (36.5 KMT). Uzbekistan remains the key importer of Kazakh wheat bran – the country absorbed over 78%…Details
Ukraine’s Antimonopoly Committee has fined the Boryspil International Airport (Kyiv) for abuse of monopoly on the specialized airport service market. “We have finished hearing a case about abuse of monopoly by the Boryspil International Airport on the specialized airport service market. We fined the airport UAH 12.78 million,” authorized official of Ukraine’s Antimonopoly Committee Ahiya…Details
In the future, riders will be able to take the number 4 tram all the way to Tallinn Airport, where the terminus of the tramline will be connected to the airport’s passenger terminal via escalators and a gallery. Construction on the tramline extension connecting the Lasnamae city district to Tallinn Airport is well underway. The…Details
Vice Prime Minister of Ukraine Pavlo Rozenko states that there are no reasons for an increase in ticket prices for public transport in Ukraine. On his Facebook page, he wrote: “There are no reasons to raise fare prices today. At present fuel costs, prices of spare parts are not growing”. He urged the local government…Details
The National Bank of Georgia increased its key rate by 25 base points to 6.75% and announced further “gradual” tightening of the monetary policy in the course of the next two quarters. NBG said in a statement that “the decision is based on macroeconomic forecasts,” according to which, NBG expected that this year’s inflation rate…Details