The state budget of Ukraine in 2019 was implemented with a deficit of UAH 78.050 billion ($3.14 billion), up by 32% YoY, the State Treasury Service of Ukraine reported on its website. The consolidated budget saw a deficit of UAH 84 billion ($3.41 billion), the report said, up by 24%. The 2019 state budget provided…
Currently there is no specific plan to use taxes to improve state goals in relation to climate neutrality in Latvia, said Economy Minister Ralfs Nemiro at a press conference after a government meeting on January 28. In the government’s approved Economy Ministry’s developed National Energy and Climate Plan for 2030 it is proposed reaching “green”…
National Bank chairman Yerbolat Dossayev focused on the national payment system and exchange market development. “One of the priorities of the National Bank is to fight the shadow economy and increase the share of paperless payments. To this end the National Bank, financial market development and regulation agency and Government will prepare the national payment…
Kyrgyzstan’s GDP increased by 4.5% in 2019 against the forecast of 4%, according to the information provided by the government’s press service. The GDP growth is provided by all sectors of the economy: the growth is observed in the construction industry – 10.6%, in agriculture – 2.6%, in services – 2.9%, and in industry –…
Last year, investors’ opinion of the competitiveness of Latvia’s economy improved for nearly all indexes, as reported by EY Latvija representatives. At the same time, investors say there is a growing need for national level marketing and downstream improvements to the internal ecosystem. From a total of 17 different factors investors are the most positive…
Kazakhstan’s gold and currency reserves reached $29 billion, according to the National Bank Chairman Yerbolat Dossayev. “Despite an instable situation at foreign markets and fall in annual average oil prices from $71.7 per barrel in 2018 to $64.2 per barrel in 2019, Kazakhstan’s gross international reserves in 2019 rose by 2.3% and reached $91 billion.…
Exports from Georgia to the EU increased by 13% YoY in 2019, and reached $825.7 million, while imports decreased by 7.4%, to $2.32 billion, showed preliminary data from the National Statistics Office of Georgia. Georgia’s top trading partners were Turkey ($1.82 billion), Russia ($1.47 billion) and China ($1.09 billion) in 2019. In 2019 the share…