The International Monetary Fund has published a Concluding Statement following an official staff visit from January 25 to February 16. “The COVID-19 pandemic has had a marked, but so far relatively short-lived, adverse impact on Uzbekistan’s economy. Although the pandemic hit the economy hard in the first half of 2020 and inflicted considerable hardship, the…
Families with children are among social groups that have been impacted by Covid-19 the most. This is why they have been picked to become the first to receive the single-time unconditional benefit. However, Latvia’s government has no intention of stopping there – support is promised to other groups of society, said Latvia’s Prime Minister Krisjanis…
Uzbekistan’s foreign exchange reserves as of February 1 amounted to $34.3 billion, according to the updated data of the central bank. That is $500,000 more than at the beginning of the year. The decline has happened following a $700-million reduction in foreign currency. Meanwhile, Uzbekistan has managed to increase its gold reserves by 0.3 million…
Prime Minister of Kyrgyzstan Ulukbek Maripov criticized the working methods of the State Agency for Antimonopoly Regulation, the Information Support Department of the Cabinet’s Executive Office reported. The head of the Government held a meeting on food security issues. He noted that the task of government agencies was to provide the citizens with the main…
Minister of Foreign Affairs of Ukraine Dmytro Kuleba and Minister of Foreign Affairs of Canada Marc Garneau agreed to negotiate on expanding the provisions of the Free Trade Agreement between Ukraine and Canada in the fields of services and investments. This was discussed during the first phone conversation of the foreign ministers after Garneau’s appointment.…
Ukraine’s gross domestic product (GDP) decreased by 0.7% in the fourth quarter of 2020 compared to the fourth quarter of 2019, the State Statistics Service reported. The country’s GDP increased by 0.8% in the fourth quarter of 2020 compared to the previous quarter (taking into account the seasonal factor), but decreased by 0.7% compared to…
The state budget program Financing for Emergencies will be increased by another EUR 500 million, making so that the planned funding amount for emergencies exceeds EUR 800 million this year. Initially it was planned to allocate EUR 26.73 million for emergencies for Latvia’s state budget of 2021. In January, however, Finance Ministry submitted to the…