Azerbaijan and Tajikistan have discussed prospects of cooperation in tourism. The number of Tajik citizens visiting Azerbaijan increased by 50% and reached 3,500 in 2019. The Chairman of the State Tourism Agency Fuad Naghiyev stressed that the figures didn’t fully reflect the potential of tourism cooperation between the two countries. He emphasized the need to…
Uzbekistan will allocate $50 million to Kyrgyzstan for implementation of various economic projects. This was announced at the meeting of the Committee on Economic and Fiscal Policy. The members approved ratification of the agreement on establishment of the Kyrgyz-Uzbek Development Fund. According to it, Uzbekistan will allocate funds to Kyrgyzstan. A board will be created,…
Compared to February 2020 the average level of consumer prices decreased by 0.2% in February 2021. Prices of goods fell by 0.7%, while prices of services rose by 0.9%. Compared to February 2020, in February 2021 the average level of consumer prices was mainly influenced by the drop in prices of goods and services related…
Minister of Finance Keit Pentus-Rosimannus (Reform) has announced that the government is planning to create a supplementary budget that will among other things extend payouts of wage support and sick leave compensation. The finance minister has previously said the government prefers using the Unemployment Insurance Fund, the government’s reserves, EU crisis support funds, Enterprise Estonia…
Ukraine’s gross public and publicly guaranteed debt in hryvnias is UAH 2.558 trillion, or more than $90 billion, and this amount is acceptable and has been agreed with all ministries and international partners, according to Prime Minister Denys Shmyhal. He said this during a question-and-answer session in parliament. “As of late January, the amount of…
Inflation ran at 0.6% YoY in February, state agency Statistics Estonia reported. The Consumer Price Index (CPI) rose slightly more between January and February, at 0.9%, Statistics Estonia reported, though goods actually saw a deflation of -0.6% YoY on the CPI, while services cost 2.7% more than in February 2020. Statistics Estonia leading analyst Viktoria…
President Shavkat Mirziyoyev attended the 14th summit of the Economic Cooperation Organization (ECO) on March 4. The event was chaired by Turkish President Recep Tayyip Erdogan. In his address, Mirziyoyev named the space of the Economic Cooperation Organization a region with huge potential, a common history, religion, culture and values. He also underlined that the…