According to Azerbaijani President Ilham Aliyev’s instruction, an innovation strategy is being developed in the country and coordination in the field of innovative development is being increased through the involvement of reputable international consultants, Executive Director of the Azerbaijani Center for Analysis of Economic Reforms and Communications Vusal Gasimli has said. Gasimli made the remarks…
Ukraine’s public and publicly guaranteed debt amounted to UAH 2.067 trillion or $81.92 billion as of August 31, the Ukrainian Finance Ministry reported. According to the report, public and publicly guaranteed foreign debt amounted to UAH 1.251 trillion, or $49.57 billion, whereas public and publicly guaranteed domestic debt stood at UAH 816.26 billion, or $32.35…
The statistical average monthly salary in the Ukrainian agricultural sector reached UAH 5,984, which is three times less compared with the data provided by employers. In particular, according to the website AgroRobota.com.ua, the average monthly salary in the agrarian sector in August made up UAH 15,700. According to the data provided by the State Statistics…
Prime Minister of Ukraine Oleksiy Honcharuk has stated that the Cabinet of Ministers does not intend to raise taxes. “We, the government, do not plan to raise taxes, this is the wrong way. The state should not increase the amount of resources that it passes through itself,” he stated. According to him, the government should…
Tax reform must be carried out in the spring of 2020, Prime Minister of Ukraine Oleksiy Honcharuk said this during a meeting of President Volodymyr Zelensky with the leadership of the Verkhovna Rada, the government and law enforcement agencies at the Office of the President on September 2. “Tax reform. We plan to carry out…
Azexport.az portal and “Single Window” Export Support Center, operating under the Center for Analysis of Economic Reforms and Communication, have been increasing the country’s export potential by facilitating trade procedures through new mechanisms. Azerbaijani producers received export orders worth $346.6 million in January-July through the Azexport.az portal. Export orders increased by 10% compared to the…
Senior analyst with Forex Club Andriy Shevchyshyn says the forex rate of the hryvnia, Ukraine’s national currency, may strengthen to UAH 25 per U.S. dollar in the first week of September. The reference value of the hryvnia exchange rate was UAH 25.23 to the dollar as of September 1. “It is likely that the hryvnia…