Prime Minister Denys Shmyhal says a new economic strategy will be developed in Ukraine, which will be the basis for the development of further national target programs. The decision was made at a meeting held upon an initiative of the prime minister on August 14, between the Government members, representatives of the Office of the…
Latvia’s GDP may decline by 7% this year, but if a second wave of COVID-19 comes, the country’s GDP may drop by 9%, as detailed in Finance Ministry’s macro-economic development scenario. The macro-economic scenario will be used as foundation for the state budget of 2021 and medium-term budget content in 2021-2023. The base scenario details…
Ukraine’s state budget revenues fell UAH 38 billion short of the target for the first half of 2020, whereas state budget expenditures fell UAH 51 billion short of the target, Chairman of the Accounting Chamber of Ukraine Valeriy Patskan said on Facebook. Summing up the results of the state budget in the first half of…
Tax revenues remained at the same level as in July last year, though on a monthly basis they increased by 8%, to EUR 734.2 million. The state received EUR 102.3 million of income tax in July, which is 6% higher than during the same time last year and 16% higher than in June. As a…
In April-June, unemployment rate comprised 8.6%. Compared to the previous quarter, rate of unemployment has risen by 1.2%, but during a year – by 2.2%. In the result of Covid-19 crisis, the number of unemployed increased. In Q2, the number of unemployed persons aged 15-74 comprised 83.5 thousand, up by 22 thousand YoY and by…
Foreign direct investments (FDI) in Georgia amounted to $1.31 billion in 2019, up by 0.3% YoY, showed the latest adjusted data of the National Statistics Office of Georgia (Geostat). The top three countries that invested the most in Georgia in 2019 were the United Kingdom (18%), Turkey (13.4%) and Ireland (10.2%). The share of the…
In January-July, Ukraine’s trade turnover with countries of the world amounted to $55.48 billion. According to data provided by the State Customs Service, Ukraine imported goods worth $28.8 billion, down by 13% YoY. Exports of goods amounted to $26.6 billion, down by 7%. Accordingly, the foreign trade balance of Ukraine in January-July was negative and…