Tajikistan: ADB approves $25-million grant to help procure COVID-19 vaccines

The Asian Development Bank (ADB) has approved a $25-million grant to help the Government of Tajikistan procure and deploy coronavirus disease (COVID-19) vaccines and strengthen the country’s capacity to implement its vaccination program. “COVID-19 vaccines save lives and are vital to accelerating the economic recovery in Tajikistan and elsewhere,” said ADB President Masatsugu Asakawa. “Through…

Kyrgyzstan: investment inflow down in Q1 2021

Compared to the first quarter of 2020, inflow of foreign direct investment to Kyrgyzstan decreased by almost a quarter, the National Statistical Committee reported. The inflow of investments in January-March compared to the same period in 2020 decreased by 24.4% and amounted to $112.1 million. There was a decrease in the inflow of all components,…

Latvia: grey economy reaches 25.5%

Last year grey economy in Latvia increased by 1.6% YoY, reaching 25.5% of the country’s GDP, as reported by Stockholm School of Economics in Riga business center director Arnis Sauka at a press-conference dedicated to grey economy. He said that the grey economy had increased since 2021 and this was not a good thing. “If…