On October 16, the legislative draft for Latvia’s 2021 state budget was submitted to the Saeima’s committees for review. The budget plan plans expenditures at EUR 10.758 billion. The chairman of Saeima’s Budget and Finance Committee Martins Bondars promised to work for several days on the legislative draft, stressing that ministers and the prime ministers…
Ukraine and Algeria will create an intergovernmental commission on bilateral cooperation. “Within the framework of the political consultations, Ukraine and Algeria intend to sign a bilateral agreement on the establishment of the Joint Intergovernmental Commission on Bilateral Cooperation which is an effective tool to promote trade and investment, as well as to hold a business…
The National Bank of Kazakhstan predicts a 21.7% reduction of exports in the year 2020. In the first half of the year, the country’s current account balances ended with a surplus of $1.7 billion due to the reduction of earnings payable to foreign direct investors. However, account deficits of $4.2 billion are expected until the…
Consumer inflation slowed down to 2.3% in annual terms in September (from 2.5% in August). Prices rose by 0.5% MoM, according to the press service of the National Bank of Ukraine (NBU). Consumer inflation was below the target range of 5% + 1% and remained lower than the forecast published in the July Inflation Report.…
In August, the foreign trade turnover of Latvia amounted to EUR 2.31 billion, which at current prices was 4.3% less than a year ago, of which the exports value of goods dropped by 3.7% and imports value of goods – by 4.8%. Latvia exported goods in the amount of EUR 1.07 billion, but imported –…
There were 49,093 registered unemployed in Estonia as of the end of September, making up 7.6% of the entire workforce of people aged 16 and over. Compared to August, the increase in the number of unemployment is 0.5%. The highest rate of unemployment in September was in Ida-Viru County at 12.2% and the lowest was…
This week the dollar exchange rate will continue to decline to UAH 28.10 and if the NBU pursues a policy similar to last week and does not redeem the surplus currency keeping the dollar exchange rate, the hryvnia may gradually strengthen to UAH 28.00, according to Alpari. “The dollar exchange rate began to slow down…