Kyrgyzstan: state debt down in October 2017

As a result of October Kyrgyzstan’s state debt declined by $9.05 million, the Ministry of Finance reported. As of October 31, the size of the state debt (external + internal) comprised $4,357.5 billion, or 299,447.12 billion soms. External debt – $3,958.23 billion (272,9.57 billion soms), internal – $399.27 million (27,437.55 billion soms). Kyrgyzstan owes the…

Azerbaijan: GDP to grow in 2018

The UN predicts an increase in Azerbaijan’s GDP by 1.8% in 2018, according to the “World Economic Situation and Prospects-2018” (WESP) report prepared by the UN Department of Economic and Social Affairs. According to the report, Azerbaijan’s GDP will decrease by 1% in 2017 and will grow by 2.3% in 2019. The restoration of the…

Turkmenistan: Ashgabat and Seoul discuss perspectives of trade and economic co-operation

President of Turkmenistan Gurbaguly Berdimuhammedow met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea Jong Tae-In, the Turkmen government said in a message. An exchange of views took place on the prospects for cooperation in the trade and economic sphere, energy and transport sectors, and in the field of advanced technologies. “An…

Ukraine: GDP growth to be 1.8% in 2017

The Economic Development and Trade Ministry expects that Ukraine’s GDP would grow by 1.8% at the end of 2017, First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said. “By the end of 2017 we expect growth of 1.8%,” he said at a conference organized by Fitch Ratings in Kyiv on…