The unemployment level decline in Latvia will become slower or even stop this year, according to bank analysts. Swedbank senior economist Agnese Buceniece says under slower economic growth demand for laborers will gradually calm down. The first signals for this came up from business surveys. “Although labor force shortage remains a significant force behind wage…
Kazakhstan has come to an arrangement with the Russian oil transport company Transneft on oil deliveries to Belarus, Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Belarus Askar Beisenbayev declared during a press conference held on December 26 on the occasion of Kazakhstan Independence Day. The diplomat said: “There is an agreement that once all the…
Bishkek’s revenues will amount to 10,098,148 billion soms in 2020, draft capital’s budget says. It is planned to be approved at a session of the Bishkek City Council. The revenue side will reportedly grow by 1,559,525.5 billion soms. In 2020 it is planned to collect taxes for 8,195,983 billion soms, up by 676,753,000 soms YoY.…
The Ukrainian Finance Ministry attracted UAH 5.3 billion to the state budget as a result of the sale of government domestic loan bonds on December 24, the Finance Ministry’s press service reported. “As a result of the scheduled placement of government domestic loan bonds, the state budget was replenished with UAH 5,295,757,903.17 (at the exchange…
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)