In January-September, with reduced economic activity, general tax revenue was EUR 573.7 million or 8% short of the plan, as reported by Finance Ministry. In the first nine months of 2020, consolidated budget revenue was EUR 22.7 million or 0.3% lower when compared to the same period of 2019, reaching EUR 8,418,400. General budget revenue…
Experts say one should not expect the 4.6% GDP growth stipulated in the draft national budget for 2021. This opinion was voiced by head of the Committee of Economists of Ukraine, candidate of economic sciences Andriy Novak at a press conference. “The budget is designed with a 4.6% increase, which will definitely not happen in…
One in five businesses have serious deficiencies relating to their tax situation, the Tax and Customs Board (MTA) says. Additionally, another 20% have some issues. The MTA adds that over half of businesses have their affairs fully in order, so far as the authority is concerned. The board issues guidance on how to remedy this…
The planned state budget financing for sports in Latvia may decline by EUR 5.96 million, as detailed in the 2021 budget plan. The plan notes that this year’s funding is EUR 38.8 million. For next year, however, the funding for this sector is at EUR 32.8 million. For example, next year none of the national…
The economic map has been drawn up in Kyzylorda region, Gulshara Abdykalikova, the region’s governor, has announced. The region’s governor underscored the impact of the current COVID-19 pandemic on the economy, pointing to the decreasing prices for oil and other natural resources. The Kyzylorda region’s economy is dependent on oil and uranium extraction, which has…
Uzbekistan develops and implements improved ways of sustainable forest management, and as a result, the range of ecosystem services is expanding. The Global Environment Facility (GEF) project on “Sustainable Forest Management in Mountainous and Valley Areas of Uzbekistan”, implemented by the Representative Office of the Food and Agriculture Organization of the United Nations (FAO) in…
In January-August, Ukraine’s exports of goods totaled $30.8 billion, down by 6.6% YoY. Over the first seven months of the year, the decline in exports reached 7.4%. “According to the State Statistics Service, over the first eight months of 2020, the exports of goods totaled $30.8 billion, down by 6.6% YoY. However, the ministry sees…