The self-employment program covered 6,000 families in Azerbaijan in 2018, which were provided with the assets to create small and medium-sized enterprises, Minister of Labor and Social Protection of Population Sahil Babayev said. Babayev made the remarks in Baku at the meeting related to the socio-economic sphere and chaired by President of Azerbaijan Ilham Aliyev.…
Since August 1, 2016 Ukraine has saved UAH 86 billion in public procurement due to the ProZorro system, the Ministry of Economic Development and Trade reports on Twitter. “Today, one of the best public procurement systems in the world is three years old! During this time, ProZorro saved UAH 86 billion in taxpayers’ money,” the…
Ukraine’s balance of payments showed a surplus of $744 million in January-June, up 2.4-fold YoY. The current account deficit over the period under review amounted to $221 million, according to the National Bank of Ukraine (NBU). The inflow to the financial account in H1 totaled $968 million. In June the surplus of the balance of…
The Entrepreneurship Development Fund under the Azerbaijani Ministry of Economy and the Turkish Small and Medium Enterprises Development Organization have signed a memorandum on cooperation and exchange of experience in the field of entrepreneurship. The document was signed at the conference entitled “Concessional financial state support in the development of innovative entrepreneurship” held in Baku.…
The average nominal wage of a full-time employee in Ukraine in June increased by 18% YoY, to UAH 10,783 ($428), the State Statistics Service reported. The average nominal wage in June increased by 5.3% against May. The real wage index in June compared with May was 105.8%, and 108.1% YoY. The State Statistics Service noted…
According to information released by Statistics Estonia, the turnover of retail trade enterprises in June increased by 3% YoY at constant prices, to EUR 635 million. The turnover of stores selling manufactured goods increased by 4%. Turnover increased in five and decreased in two economic activities. Turnover increased the most in stores selling textiles, clothing…
The National Bank of Ukraine (NBU) has strengthened the official hryvnia exchange rate by 18 kopiykas, bringing the national currency to UAH 25.25 to the dollar. This is the lowest dollar rate recorded in almost three years. On July 30 $100 cost UAH 2,525.2582 (UAH 2,543.9728 as of July 29). EUR 100 cost UAH 2,807.8346…