Ukraine’s state and publicly guaranteed debt in April declined in dollar equivalent by $0.32 billion, or by 0.4%, to $77.05 billion as of April 30. The debt in the hryvnia equivalent over the period under review decreased by UAH 32.62 billion, or by 1.6%, to UAH 2.021 trillion, according to the Ukrainian Finance Ministry’s website.…
The International Monetary Fund (IMF) finds that the outlook for the Estonian economy is positive and growth will continue at close to 3.5% in the medium term, but noted that the biggest threat to this outlook was wage pressure not accompanied by growth in productivity. According to the IMF, external risks for Estonia are balanced…
In January-April at least 7,752,922.2 billion soms were allocated from the republican budget for servicing the state debt, the Ministry of Finance reported. According to it, 3,642.9 billion soms were spent on external debt. About 4,109.9 billion soms have been allocated from the treasury to repay the internal debt. As of March 31, Kyrgyzstan’s state…
Azerbaijan may introduce a unified tax on salary, Taxes Minister Mikayil Jabbarov said. This issue is being discussed as part of amendments to Azerbaijan’s Tax Code, he added. “This issue is very important for all taxpayers,” Jabbarov said. “This step is aimed at reducing the tax burden and facilitating the taxation of salaries. The unified…
Ukraine’s economy will manage to reach its pre-crisis level in 2021 if the GDP grows by 3-4% annually, First Vice Prime Minister – Economic Development and Trade Minister of Ukraine Stepan Kubiv said at the meeting of the National Investment Council. “The forecast for Ukrainian economy growth for 2018-2019 remains positive. According to the government’s…
The Board of the National Bank of Ukraine has decided to keep its key policy rate at 17%. Headline inflation decelerated to 13.1% YoY last month, according to the NBU’s press release. “This was a minor deviation from the NBU’s latest forecast, caused by the most volatile components and likely to vanish in the coming…
Estonia’s Ministry of Justice has introduced a bill to amend the Commercial Code to resolve an issue that has in practice inhibited foreign investors from investing in Estonian private limited companies. Currently, e-residents have either founded or are shareholders in approximately 5,600 businesses registered in Estonia. So few e-residents have registered new businesses thus far…