Georgia received $201.9 million from abroad in June, up by 19.3% YoY, the National Bank of Georgia reported. Russia ($39.08 million), Italy ($31.70 million) and the United States ($24.98 million) were the largest remittance senders in June. Overall, the vast majority (94.3%) of all money transfers from abroad came from 19 countries. Last month, remittances…
Estonia’s state spending in the first five months of 2021 was not as excessive over revenue as planned in the state budget. On July 14, the Estonian public broadcaster reported that from January to May general government budget deficit reached 1.6% of the gross domestic product and was EUR 467 million. Set against the end…
Uzbekistan has earlier announced the opening of an orderbook for an $870-million dual-tranche eurobond denominated in dollars and local currency. Deputy Head of the department for operations with international financial markets of the Finance Ministry Aziz Sodikov has briefed about the government plans, towards which spheres the revenue received from eurobonds would be used. The…
The Latvian Justice Ministry has evaluated the government’s plan to require workers in a number of sectors to be able to present the digital Covid-19 certificate and found that it would not contradict the Latvian Constitution. On July 14, the Cabinet of Ministers planned to discuss amendments to the Law on the Management of the…
Uzbekistan aims to increase volume of digital economy services to $1.5 billion, and export of computer software to $40 million, president Shavkat Mirziyoyev’s press office has reported. Mirziyoyev, addressing a videoconference on July 13, said that digitalization in several industries was still lagging behind. “The work done in recent years has really yielded results, services…
The investment attractiveness index of Ukraine has improved from 2.4 to 2.84 since the beginning of the current year. Such findings of a latest study conducted by the European Business Association (EBA) were presented during an expert discussion of the current state of Ukraine’s investment climate, the press service of the Ministry of Economy reported.…
Amid growing coronavirus infections and sluggish vaccination, the Lithuanian government may consider reintroducing more restrictions, Prime Minister Ingrida Simonyte has warned. Immunity passports may be required to access certain services, she said on July 13, urging people to get vaccinated. “The situations is, as predicted, getting worse, meaning that the daily infection count is growing…