The highest proportion of tax debtors in Latvia is found in furniture manufacture and public catering sectors, according to a study performed by Lursoft. The study reveals that the total size of tax debts of companies reaches EUR 611.75 million and more than 39,000 are found among tax debtors in the country. This means one-fifth…
The volume of Ukraine’s industrial production grew by 1.6% in May compared with the relevant month last year, the Economic Development and Trade Ministry wrote on Facebook. “The Ukrainian industry continues to grow steadily! Thus, in May the volume of industrial production increased by 1.6% compared to the relevant period last year. The following industrial…
Lithuania’s government in principle backed plans to make intermediaries declare cars’ sale-purchase agreements as early as next year and to also introduce centralized systems of car owners and marketplaces. The government-approved document sets the goal to reduce shadow economy in the construction sector as well as in the areas of sale of cars and their…
The annual exchange rate of the national currency is expected to have reached UAH 27.4 per U.S. dollar by the end of 2019, UAH 28.2 per U.S. dollar in 2020, and UAH 29.4 per U.S. dollar in 2021, according to the latest Finance Ministry’s macroeconomic report. The hryvnia exchange rate against the U.S. dollar (on…
The small-scale privatization has already brought over UAH 1.06 billion to the state budget of Ukraine, First Vice Prime Minister – Minister of Economic Development and Trade of Ukraine Stepan Kubiv has said. “In 10 months, small privatization brought the state more than UAH 1.06 billion,” Kubiv said during an hour of questions to the…
In January-May industrial enterprises and private entrepreneurs operating in this sphere produced goods worth 19.6 billion manats, up by 2.2% YoY, the Azerbaijani State Statistics Committee reported. The production of non-oil goods increased by 15%. Some 69.9% of industrial goods were produced in the extractive sector, 25.1% accounted for the processing sector, 4.3% – for…
The implementation of public-private partnership projects will attract systemic investments in transport, port and Internet infrastructure of Ukraine, First Vice Prime Minister – Minister of Economic Development and Trade of Ukraine Stepan Kubiv said while delivering a speech at the Verkhovna Rada of Ukraine on June 21. “We have also signed a memorandum with the…