Minister of Labor and Social Protection Birzhan Nurymbetov claims in case of a possible second wave of coronavirus thousands of people in Kazakhstan may lose their jobs. While addressing the Government’s hour at Majilis, the lower chamber of the Kazakh Parliament, on September 24, minister Nurymbetov said the coronavirus pandemic had already challenged and had…
The proposed Latvian state budget for 2021 is sustainable, yet it lacks ambition, said Latvijas Banka’ President Martins Kazaks. “If I look at this story in general, I’m missing ambition”, evaluated the President of the Latvian central bank. Kazaks noted that, for example, the role of Riga in the Latvian economy had not been appreciated.…
Uzbekistan proposes to establish a Regional Center for the Development of Transport and Communications under the auspices of the United Nations, the President of Uzbekistan Shavkat Mirziyoyev has said. President spoke at the 75th session of the United Nations General Assembly. The General Assembly for the first time in the history of the United Nations…
Bishkek and Tashkent will sign an action plan for implementation of an agreement on cooperation in trade, economic, cultural and humanitarian spheres between the City Hall of the capital of Kyrgyzstan and the khokimiyat of Tashkent city. It was announced at the meeting of the Mayor of Bishkek Aziz Surakmatov with the Ambassador Extraordinary and…
The parties of the Latvian government have reached an agreement on the general framework of the 2021 state budget and the planned tax reform. “After several months of debates, we have agreed on the framework of the 2021 budget,” Prime Minister Krisjanis Karins said on September 21. Karins elaborated that the budget of the next…
Finance Minister Serhiy Marchenko has said that Ukraine intends to cut public debt by 3% in 2021. “This year we have a deficit of UAH 300 million. This is a crisis year, as we had to finance some social programs, pension indexation and the Fund to tackle Covid-19. But we have the opportunity to borrow.…
In August, the producer price index of industrial output increased by 1.1% MoM, but decreased by 2.2% YoY, data from Statistics Estonia shoed. Leading analyst at Statistics Estonia Eveli Sokman said, in August, compared to July, the producer price index was affected primarily by price increase in electricity supply. “Price decreases in the manufacture of…