Ukraine’s state and government-guaranteed debt grew by 5.8% YoY, or by $4.5 billion, in January-November, to $82.8 billion. The country’s debt in the hryvnia equivalent shrank by 8.2%, or by $177.7 billion, to UAH 1.991 trillion, Ukraine’s Finance Ministry said on its website. State debt in November rose by 1.2% in the dollar equivalent, whereas…
Lithuanian startup ecosystem has matured over 2019 – the number of companies is nearing 1,000, they have attracted more than EUR 166.5 million in investments, and Vinted is to become Lithuania’s first startup unicorn. “Many positive changes occurred, including the establishment of two new accelerator funds, more favorable taxation was adopted, and the concept of…
The national budget in January-November saw a deficit of UAH 34.860 billion, or $1.5 billion, up 190-fold YoY. The surplus of the country’s consolidated budget over the period under review was UAH 6.882 billion, or $295.6 million, against UAH 22.002 billion, or $945.1 million a year earlier, according to Ukraine’s Treasury Service. (UNIAN/Business World Magazine)
The economic base laid in 2019 will provide for good growth in 2020, Kazakhstan’s Minister of National Economy Ruslan Dalenov said. According to Dalenov, Kazakhstan’s national economy is entering next year with good prospects. “I think the 2019 base will provide for good growth in 2020. Good conditions have been created for this,” Dalenov said.…
Over the ten months of the year the export of goods from Chernihiv region increased by 6% YoY, and the trade turnover of regional enterprises with foreign partners exceeded $1 billion. “In January-October the trade turnover of regional enterprises with foreign partners from 132 countries amounted to $1.005 billion. The export of goods grew by…
The State Statistics Service of Ukraine has lowered the estimate of real GDP growth in the third quarter to 4.1% in annual terms from 4.2% announced earlier. The estimate of growth compared with the previous quarter, taking into account the seasonal factor, has deteriorated to 0.6% from 0.7%, according to the report. The agency says…
The areas allocated for cotton cultivation will amount to 105,000 hectares in 2020, Azerbaijan’s Agriculture Minister Inam Karimov said. According to the new subsidization mechanism, that will come into force in 2020, some 220 manats ($129) will be issued to farmers for every hectare of sown cotton, and 100 manats ($58) for each ton of…