The National Bank of Ukraine (NBU) has revoked two licenses of Credit Union “Shans-Plus” on the basis of its own application, the central bank’s press service reports. “This decision was approved by the Committee for Supervision and Regulation of Nonbank Financial Services Market on July 14. Thus, two credit union’s licenses on providing financial services…
Environment Ministry has proposed two taxes aimed at reducing pollution from cars. A one-off levy would apply to cars first sold in Lithuania, while another tax would be paid annually. The first levy is a reformed version of the current registration tax and, according to Environment Vice Minister Gintare Krusniene, will only be paid on…
Uzbek President Shavkat Mirziyoyev during negotiations with Pakistani Prime Minister Imran Khan said that both states had untapped potential to increase bilateral trade at least 5-fold. The parties said that the trade turnover between both countries had increased four-fold over the past years. The number of joint ventures has increased by more than a hundred.…
The Verkhovna Rada of Ukraine has adopted as a basis and in its entirety a bill ratifying the financial agreement “Ukraine Recovery Programme” between Ukraine and the European Investment Bank (EIB) on a EUR 340-million loan, Minister of Communities and Territories Development of Ukraine Oleksiy Chernyshov has said. “Ukraine Recovery Programme is a continuation of…
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…