The Central Bank of Azerbaijan can again reduce the discount rate during the next meeting of the Board, Director of the Training Center of the Ministry of Taxes of the country, economist Farhad Amirbekov believes. The expert noted that macroeconomic indicators were favorable for further reduction of the discount rate. “The situation is stable from…
The deficit of Ukraine’s foreign trade in goods in January-May amounted to $2,054.9 million, up by 44.4% YoY. This data was provided by the State Statistics Service of Ukraine. In January-May Ukraine’s total imports of goods made up $21,515.0 million, or 115.3% compared to January-May 2017. Ukraine’s total exports of goods over the reporting period…
The Pension Fund of Ukraine continues to finance pension payments for July, the government’s portal reports with a reference to the Pension Fund. “As of July 13, UAH 16.8 billion was allocated for the payment of pensions, which is 56.2% of the monthly requirement,” reads the report. The Pension Fund added that financing and payment…
In 2018 Ukraine will receive about $2 billion from the IMF, as well as loans from the EU and the World Bank, which will provide an opportunity to increase international reserves up to $20.7 billion by the end of this year. However, in 2019-2020, due to peak payments on external public debt, the balance of…
The positive dynamics of Ukraine’s GDP growth will remain at 3.2% by the end of 2018, and it may also increase by about 3% in 2019, First Vice Prime Minister – Minister of Economic Development and Trade Stepan Kubiv stated when presenting the government’s report for the first half of 2018 at a meeting of…
According to the results of May, the state debt of the country reached $707.2 per capita. In a month, the debt burden of each resident of the country decreased by $1.6. According to the Ministry of Finance, as of May 31 the volume of state debt (external + domestic) amounted to $4,425.1 billion (302,905.43 billion…
President Dalia Grybauskaite has signed the laws overhauling the country’s tax system, adopted by the Seimas. For the laws to come into effect early next year they must be published six months earlier. The laws are related to the personal income tax, state social insurance, health insurance, tax administration, the profit tax, public procurement, VAT…