Kazakhstan: international reserves up in H1 2020

According to Aliya Moldabekova, deputy chair of the National Bank of Kazakhstan, the country’s national reserves have jumped to $32.9 billion. Moldabekova said there had been a 13.5% or a $3.9-billion rise in international reserves of the country. As of June, international reserves have amounted to $32.9 billion, increasing by $1.3 billion last month. According…

Ukraine: budget deficit of 7.5% not a problem

Ukraine’s budget deficit of 7.5% is not a problem, according to the Prime Minister Denys Shmyhal. He said this during a virtual roundtable meeting entitled “Ukraine Reforms: What Next?” organized by Chatham House. “This is a much smaller deficit than in many European countries, where the deficit can fluctuate at 10%. That is, 7.5% is…