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…
In Latvia, the level of producer prices in industry decreased by 2.7% YoY in August, the data of the Central Statistical Bureau (CSB) showed. In a press release on September 21, the CSB reported that in a monthly comparison, from July to August, the level of producer prices in Latvian industry remained the same. Prices…
Finance Minister Serhiy Marchenko has said the healthcare spending in 2021 will grow unprecedentedly, up to 4.2% of GDP. “Healthcare is our key priority given the COVID-19 pandemic and the ongoing healthcare reform. Expenditures on healthcare will grow unprecedentedly, up to 4.2% of GDP, which is more than UAH 190 billion ($6.8 billion) in the…
Damage caused to the state by corruption amounted to 13.6 billion soms in 2018-2019 and eight months of 2020, The President of Kyrgyzstan, Sooronbai Jeenbekov, announced at a meeting of the Security Council. According to him, 5,827 billion soms have been returned to the state. “This, of course, is not enough, another half out of…