The third-quarter employment rate in Estonia stood at 68.3%, the highest it has been in 20 years, and according to Swedank, fast economic growth is increasing the demand for the labor force. “Due to enlivened economic activity, demand for the labor force has increased,” Swedbank senior economist Liis Elmik said. “The number of people employed…
Turkmenistan’s Ministry of Foreign Affairs held talks with Hisham Taleb Maarouf, acting director of the Islamic Development Bank’s (IDB) regional office for Central Asia, said the ministry in a message. During the meeting, the parties expressed commitment to further consolidate efforts, according to the ministry. Expressing hope for fruitful cooperation on the reconstruction of neighboring…
Giving up tax returns and replacing them with data-based information exchange is a long-term objective of the Estonian Tax and Customs Board, the director of the tax authority, Valdur Laid, says. “Our vision is to do away with all sorts of declarations altogether. Being a strong e-state, we very easily have the capability to receive…
As of the end of October, the number of registered unemployed in Estonia stood at 29,626, accounting for 4.6% of the total workforce between the ages of 16 and retirement age. The rate of registered unemployment remained the highest in Ida-Viru County at 9.3% and Valga County at 8.5%. Unemployment was the lowest in Harju…
Belarus’ economic growth will make up about 1.7% in 2017, IMF mission chief for Belarus Peter Dohlman declared on November 9. “We suppose that the economic growth will reach about 1.7% in 2017 and will stay at about 2% in the midterm,” the IMF mission chief for Belarus said. Earlier, the IMF forecasted Belarus’ GDP…
The European Bank for Reconstruction and Development (EBRD) has revised upward the forecast for Belarus’ GDP growth to 1.5% in 2017, according to the Bank’s website. In 2018 the Belarusian economy will expand by 2%. The EBRD also revised Russia’s GDP forecast up to 1.8% in 2017. The bank also revised Russia’s GDP growth forecast…
The European Bank for Reconstruction and Development (EBRD) expects Azerbaijan’s economy to grow by 2% in 2018, according to an updated Regional Economic Prospects report published on November 7. The bank’s analysts noted that the start of gas production within the second stage of development of the Shah Deniz gas condensate field would support the…