As of June 30 Ukraine’s state and government-guaranteed debt amounted to $80.35 billion, or UAH 2,102.41 billion, the Finance Ministry has reported. “As of June 30 the state and government-guaranteed debt of Ukraine amounted to UAH 2,102.41 billion or $80.35 billion, including the state and government-guaranteed external debt in the amount of UAH 1,309.33 billion…
The value of investments attracted to the economy of Kazakhstan amounted to 11.179 trillion tenge in 2018, up by 17.5% YoY, the Committee of Statistics reported. “In the reporting period Shymkent city was the leader by attracted investments, the volume of which increased by 162.2%. It is followed by Atyrau and Kyzylorda regions of Kazakhstan,…
In Q1 at least 112,100 economic entities operating in tourism sector were registered in Kyrgyzstan, the National Statistical Committee reported. Most of them are located in Bishkek (20,900 legal entities and individuals, or 18.7%), Osh (19,100, or 17.1%) and Chui (16,600, or 14.9%) regions. At the same time, 12,800 subjects are registered as enterprises providing…
The World Bank’s “Azerbaijan Employment Support Project” will help expand the self-employment program, according to the statement made in the Azerbaijani Ministry of Labor and Social Protection of Population during a meeting with the preliminary assessment mission on the WB’s “Azerbaijan Employment Support Project”. Attracting the unemployed to self-employment will provide them with access to…
The average interest rate on housing loans in Estonia was 2.6% and the average rate for corporate loans 2.9% in June, which might indicate reduced competition in some segments of the loan market, Bank of Estonia economist Raido Kraavik said in the central bank’s statement on June banking sector statistics. The average rate of 2.6%…
Informal employment makes up more than 60% of the labor market in Kyrgyzstan. The International Labor Organization provides such data. Informal employment is the so-called black labor market, not covered by government regulation. It involves non-recognition of the rights of workers, their vulnerability, poverty, and lack of development prospects. Informal employment reaches 29.6% in Kazakhstan,…
In June the trade turnover between Turkey and Azerbaijan increased by $644.300 million YoY and amounted to $789.259 million, a source in the Ministry of Commerce of Turkey reported. “In June Turkey’s exports to Azerbaijan amounted to $598.551 million, and imports from Azerbaijan – to $190.708 million,” the ministry said. The ministry noted that the…