Tartu has generated EUR 800,000 less income than its expenditures over the period of January-August and has reported a total revenue of EUR 124.7 million, the city’s government says, representing 71% of the amount budgeted for the year. The largest single item, at EUR 60.6-million revenue over the eight-month period, was personal income tax. The…
The volume of money transfers to Georgia in August was $184.2 million, up by 25.8% YoY, said the National Bank of Georgia (NBG). More than one-third of money transfers came in from the European Union: EU countries – $74.53 million (40.46%) and other countries – $109.68 million (59.54%). The largest countries, from which money transfers…
Prime Minister of Kazakhstan Askar Mamin has urged the Government to bend every effort to support the industries with the most stable domestic and external demand. At the September 15 session of the Government, Premier Mamin said amid the high level of instability on the foreign markets it was crucial to bend every effort to…
Ukraine’s draft state budget for 2021 provides for a reduction in the national debt by 3.4%, to 64.6% of GDP, Finance Minister Serhiy Marchenko has said. He said this at a press briefing on the draft state budget for 2021 on September 14. “We envisage a 3.4% reduction in the national debt next year, to…
Georgia’s external trade turnover amounted to $7.02 billion in January-August, down by 16.7% YoY, showed preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports decreased by 14.7% and reached $2.07 billion, while imports decreased by 17.5%, amounting to $4.95 billion. The trade deficit of Georgia in January-August amounted to $2.88…
The 7th meeting of Kazakhstan-Indian joint working group for trade and economic cooperation took place on September 10 via a videoconferencing, the Trade and Industry Ministry’s press service reported. The meeting was co-chaired by Trade and Industry Deputy Minister of Kazakhstan Kairat Torebayev and Deputy Trade and Industry Minister of India Bidyut Behari Swain. Extraordinary…
Foreign investors in Latvia propose establishing a single tax regime for all short-term small service providers that perform services on their own, stresses the Foreign Investors Council Latvia (FICIL) in its document on tax policy. Investors also recommend expanding the existing simplified tax payment regime to include taxpayers like nannies, barbers, photographers, cleaners, designers and…