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,…
On June 15, First Vice Prime Minister of Ukraine – Minister of Economy of Ukraine Oleksiy Lyubchenko met with Minister of Economy of the Republic of North Macedonia Kreshnik Bekteshi to discuss key issues of trade and economic cooperation. “We are interested in deepening mutually beneficial cooperation with North Macedonia which is a promising trade…
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…
Estonia’s nation e-Residency program has reported a 2020 revenue of EUR 19.7 million, the highest in its six-year existence, with profits also topping previous records. e-Residency CEO Lauri Haav said: “We welcome the government’s unwavering faith in the program, and I am confident that every euro invested in the program will bring manifold returns, which…
On June 15, the Ukrainian Finance Ministry raised more than UAH 7.97 billion towards the state budget as a result of auctions on the placement of domestic government bonds, the Finance Ministry wrote on its Facebook page. The Finance Ministry offered investors five issues of hryvnia-denominated bonds, with a maturity of 1 year, 1.5 years,…
When compared to the same period of last year, Latvia experienced moderately rapid export growth among EU member states in the first four months of 2021, according to data published by Eurostat. Exports in Latvia increased by 14%. The biggest export growth among EU member states was observed in Slovakia (+27%), Estonia (+22%), Poland and…
Kyrgyzstan’s water reservoirs cover only 23% of all irrigated land, the Deputy Minister of Agriculture, Forestry and Water Resources of the republic Nurlan Sheripov has revealed. According to him, the total accumulation of precipitations in Chui region from October 2020 to March 2021 was 30-70% less than the annual rate. “The Alamedin river was filled…