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…
Ukraine intends to increase the volume of bilateral trade with the Republic of Turkey up to $10 billion, Ukrainian President Volodymyr Zelensky said at a joint briefing with Turkish President Recep Tayyip Erdogan in Kyiv. “We have talked a lot about our joint present and future cooperation in trade, economic and investment sectors. We have…
In 2019, Kherson region received UAH 8.4 million in revenues from tourism tax, up by UAH 4.7 million YoY, according to the press service of the Main Directorate of the State Tax Service in Kherson region and the Autonomous Republic of Crimea. The leader is the local community of Shchaslyve Village Council, which collected UAH…
Compared to 2018, manufacturing volume rose by 2%, based calendar adjusted data at constant prices in 2019. Mining and quarrying decreased by 5%, electricity and gas supply – by 4.4%, but industrial production output, which includes previously mentioned sectors grew by 0.8%. Compared to the previous year, growth in manufacturing was affected by output growth…