The World Bank’s Board of Executive Directors has approved the Tax Administration Reform Project in Uzbekistan, which is designed to improve the operational efficiency and effectiveness of the State Tax Committee and deliver better services to local taxpayers. The project is to be supported by a $60-million concessional credit from the International Development Association, with…
Since the end of April, the exchange rate of the Ukrainian currency against the dollar has strengthened by almost one hryvnia, according to Deputy Governor of the National Bank of Ukraine (NBU) Yuriy Heletiy. According to the NBU deputy governor, among the main factors that influenced the strengthening of the national currency was the reduction…
The regions of Uzbekistan and Tatarstan held a business forum in Tashkent. The event saw Deputy Prime Minister-Minister of Investment and Foreign Trade of Uzbekistan Sardor Umurzakov, President of the Republic of Tatarstan Rustam Minnikhanov, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Uzbekistan Oleg Malginov and mayor of the Tashkent…
The Asian Development Bank (ADB) has approved a $25-million grant to help the Government of Tajikistan procure and deploy coronavirus disease (COVID-19) vaccines and strengthen the country’s capacity to implement its vaccination program. “COVID-19 vaccines save lives and are vital to accelerating the economic recovery in Tajikistan and elsewhere,” said ADB President Masatsugu Asakawa. “Through…
Estonian manufacturing companies have left behind the crisis year, can see both turnover and profitability growing this year and are planning to hire nearly 3,000 people, the results of a survey carried out by Swedbank in spring show. Of the businesses surveyed by Swedbank in the latest survey of industrial companies, 76% expect profitability to…
At the end of Q1, there were 21.5 thousand job vacancies in Latvia, up by 2.6 thousand vacancies or by 14% YoY. In private sector there were 14.1 thousand and in public sector 7.4 thousand job vacancies. Over the year, the number of job vacancies in private sector increased by 3.2 thousand or by 28.7%,…
Compared to the first quarter of 2020, inflow of foreign direct investment to Kyrgyzstan decreased by almost a quarter, the National Statistical Committee reported. The inflow of investments in January-March compared to the same period in 2020 decreased by 24.4% and amounted to $112.1 million. There was a decrease in the inflow of all components,…