The State Migration Service of Kyrgyzstan issued work permits to 8,900 Chinese citizens in 2019, chairman of the service Bolotbek Ibraimzhanov reported. According to him, there are currently 1,953 Chinese citizens, who have obtained work permits in Kyrgyzstan, the remaining 5,314 citizens of the PRC have left the republic in connection with celebration of the…
The National Bank of Ukraine (NBU) estimateed that the number of Ukrainian migrant workers in Poland in 2019 was almost 1 million people. “In 2019, the number of migrant workers from Ukraine in Poland was estimated at almost 1 million people,” the NBU said in its inflation report for January 2020. “Representatives of the occupations…
President of the European Business Association (EBA), CEO of Dragon Capital Tomas Fiala says Ukraine’s economy may accelerate to 4% in 2020 with inflation at 5.2%. “We expect GDP growth at 4% this year, and at 3.7% next year, while inflation at 5.2% this year and at 6.1% in 2021,” he said at an EBA…
The National Bank of Ukraine (NBU) said Ukrainian labor migrants transferred about $12 billion to the country in 2019. “The favorable situation in the forex market for most of 2019 was determined by good export performance, which was supported by a relatively good pricing environment in foreign markets; record agricultural productivity; moderate growth in goods…
Investments made in Azerbaijan’s regions exceeded 8 billion manats ($4.7 billion) in 2019, Economy Minister Mikayil Jabbarov said, while summing up the results of the first year of implementation of “The State Program on socio-economic development of the regions of Azerbaijan in 2019-2023”. “In 2019, 7.2 billion manats were allocated for the implementation of “The…
Latvia’s economy would benefit from some new bank entering the market, said Finance and Capital Market Commission (FKTK) head Santa Purgaile. In spite of claims that there are too many banks in Latvia, she believes it is possible for banks working in a specific niche to work together in the country. Purgaile says that although…
Head of State Kassym-Jomart Tokayev has met with the Prime Minister Askar Mamin. The meeting debated the current state of the country’s economy and prospects for its development in the context of the external environment at the world markets amid the coronavirus spread. The President charged the Government to take prompt actions to ensure sustainable…