President of Turkmenistan Gurbanguly Berdimuhamedov congratulated Indian Prime Minister Narendra Modi on the convincing victory of his Bharatiya Janata Party (BJP) in the general parliamentary elections. The Turkmen president expressed confidence that the high level of bilateral relations would continue to serve as a solid basis for enhancing Turkmen-Indian cooperation and interstate relations covering the…
The Georgian national currency, the lari, has depreciated in value against the US dollar and the euro in recent days, with $1 costing 2.7799 GEL, while 1 EUR costs 3.0954 GEL. Georgian Prime Minister Mamuka Bakhtadze says that “it seems this is a short-term effect and this will be regulated in the nearest future”. Bakhtadze…
Retail trade in Ukraine grew by 7.9% YoY in comparable prices in January-April 2019, to UAH 319.887 billion ($12.3 billion). Retail turnover increased the most in Vinnytsia region (by 13.2%, to UAH 5.167 billion or $197.9 million), Kyiv region (by 12.1% to UAH 17.798 billion or $681.7 million), Ivano-Frankivsk region (by 12% to $4.551 or…
Estonia-founded international money transfer company Transferwise has closed a secondary funding round of $292 million, or EUR 261.1 million. Investors used the Transferwise for Business platform when settling the financing. Transferwise is now valued at $3.5 billion, and the latest funding round brings the total raised by the company in both primary and secondary funding…
In March state debt of Kyrgyzstan amounted to $695.65 per capita. Over the month, the debt burden has decreased by $4.95. According to the Ministry of Finance, as of March 31, the total amount of state debt (external + internal) in Kyrgyzstan was $4,452.22 billion (310,986.13 billion soms), including $3,792.46 billion (264,901.53 billion soms) –…
According to the information released by Statistics Estonia, in April, the producer price index (PPI) of industrial output increased by 0.7% MoM and by 1.6% YoY. Compared with the previous month, the PPI in April was affected more than average by a price increase in the manufacture of electronic equipment, in electricity supply, in the…
The deficit of Ukraine’s national budget in January-April amounted to UAH 1.7 billion, or $64.5 million, which was almost twice as high as the previously announced level of deficit, which was UAH 0.9 billion, or $34.2 million. Over the period under review, revenue of the national budget was UAH 322.6 billion, or $12.25 billion, up…