The aim of the government’s economic policy to deal with coronavirus should be to prevent a wave of bankruptcies among companies and a rise in unemployment caused by temporary problems, the Bank of Estonia said in a report released on March 12. “The economic policy objective of mitigating the impact of the virus is to…
Last year North Kazakhstan region worked at 49 projects to be financed through public-private partnerships. As a result, 34 agreements were concluded at large. This year the region targets to realize 77 projects in six sectors. According to preliminary data, the projects will let attract about KZT 18 billion. Last year 34 PPP agreements were…
As of March 1, funds accumulated by the Deposit Guarantee Fund of Ukraine amounted to UAH 11.26 billion, according to the fund’s press service. “The total amount of funds accumulated by the Fund as of March 1, made up UAH 11,256.7 million. In January-February, revenues to the Fund from regular fees totaled UAH 1,005.8 million,”…
Imports of goods rose by 9% YoY, in January, whereas exports fell by 1%, according to new figures from government agency Statistics Estonia. While overall exports declined, there was an increase in the exports of agricultural products and food preparations, and in particular, cereals, Statistics Estonia said. Estonia’s exports of goods amounted to EUR 1.14…
Interconnectedness of markets through trade and financial operations determines the impact of volatility in the main partner countries on financial indicators in Kyrgyzstan, the National Bank of the country has reported. Under the current conditions, the measures of the National Bank are aimed at mitigating the negative impact of external shocks on the economy of…
In February, consumer prices in Ukraine decreased by 0.3% MoM, according to the State Statistics Service. “Consumer prices in February decreased by 0.3% compared to January and by 0.1% since the beginning of the year. Core inflation in February made up 0.1% compared to January and 0.3% since the beginning of the year,” reads the…
Fitch Ratings in its latest outlook expects Ukrainian economy to grow by 3.5% in 2020 from 3.2% in 2019. In 2021, it could grow by 3.8%, supported by private consumption and investment. Fitch considers that growth and investment prospects depend on the adequate and timely implementation of reforms to address constrains such as the rule…