The Ministry of Economy of Kyrgyzstan has developed a draft resolution on imposing a tax on cryptocurrency mining. The document has been submitted for public discussion. As background statement says, it is proposed to approve a mining tax report form and the procedure for filling and submitting it. An entrepreneur intending to pay the mining…
As the emergency situation in the country was lifted, the share of employees working remotely reduced. In June, a total of 15.5% or 117.1 thousand of employees aged 15-74 years worked remotely, down by 2.7% or by 18.8 thousand MoM. 70% of women and 30% of men were working remotely. In June, one fifth of…
Lithuania’s GDP contracted by 3.7% YoY in the second quarter of 2020, a smaller dip than previously expected. The quarterly GDP stood at 11.5 billion euros at current prices, having shrunk by 5.1% QoQ, Statistics Lithuania said on July 30. “The second-quarter contraction was mostly due to services. Manufacturing had the second-biggest impact and construction…
In June, the turnover of retail trade enterprises was EUR 671 million, data from Statistics Estonia showed. Compared to June 2019, turnover increased by 7% at constant prices. Jaanika Tiigiste, the leading analyst at Statistics Estonia, said the turnover of stores selling manufactured goods, which fell in April and May, turned around in June, increasing…
Wage arrears to employees across Ukraine in June slightly increased (by 0.1%) against May, amounting to UAH 3.146 billion ($113.6 million) as of July 1, the State Statistics Service reported. Arrears at economically active enterprises stood at UAH 1.942 billion ($70.1 million), down by 0.8%. The State Statistics Service notes that the data covers the…
Finance Minister Vilius Sapoka says the government should not raise its 2021 spending for boosting consumption, as the country is close to breaking eurozone rules on government debt. “The Finance Ministry will propose a safe government budget,” Sapoka told the parliamentary Budget and Finance Committee, which was working on next year’s government spending bill, on…
The Cabinet of Ministers and the National Bank of Ukraine (NBU) are working to maintain exchange rate and price stability in the country, Prime Minister Denys Shmyhal has said at a briefing at Kryukiv Railway Car Building Works in Kremenchuk, the Poltava region, when asked whether the government was discussing with the NBU the exchange…