The unemployment rate in Georgia decreased by 0.7% to 11.4% in the second quarter of 2019, said the National Statistics Office of Georgia (Geostat). In Q2 the economically active population constituted 63.7% of the working age population (population aged 15 and older). “In comparison with the same quarter of the previous year, the economic activity…
State Fiscal Service of Ukraine reported that 60,000 citizens declared their incomes from sale of the agricultural products in May-July, the regulator reported in a posting on its website. “In the framework of “Harvest” operation in May-July another 60,000 citizens were engaged in declaration of income from sale of agricultural products, and 5,000 of citizens…
The coalition government agreed on its nationwide real estate investment strategy for the coming year at a meeting on August 12 night, and is set to finalize its plans on August 15. Minister of Public Administration Jaak Aab (Centre) is to review the agreement and outline a more precise plan at the next cabinet meeting…
Georgia’s external trade decreased by 0.2% and reached $7.07 billion in January-July, says the National Statistics Office of Georgia (Geostat). The value of Georgian exports increased by 12.3%, to $2.10 billion, while the value of imports decreased by 4.7%, to $4.96 billion, said Geostat. In the reporting period Georgia’s trade deficit came out to $2.86…
According to analysts of the Institute of International Finance (IIF), Azerbaijan will continue economic growth, despite lower prices for raw materials and low growth rates in Russia and China, which significantly affects the regional economy, the IIF report on Caucasus and Central Asia says. According to the report, Azerbaijan is on course to expand its…
The value of goods and services produced in Baku reached 19.9 billion manats in January-June, up by 0.7% YoY, the Statistics Office reported. “Some 81.3% of industrial production accounted for the mining industry, 16.7% – the processing industry, 1.5% – electricity generation, and 0.5% – waste cleaning and recycling sector,” the report says. The share…
Ukraine-Russia trade turnover dropped almost threefold since 2014 and totaled $6.9 billion for the first half of 2019. The list of top-10 trading partners of the Russian Federation has undergone only one change over the past five years as Ukraine fell out of it. Kazakhstan took Ukraine’s place with $8.9 billion in trade turnover with…