The U.S. dollar and the euro continue to fall in price in Ukraine. On May 14, the U.S. dollar fell by 10 kopiykas, while the euro fell by 7 kopiykas. Experts believe the trend toward strengthening the hryvnia will continue. “The hryvnia exchange rate may range at UAH 25.9-26.75 to the dollar in May. The…
Kazakh National Economy Minister Ruslan Dalenov gave an insight into the country’s economic growth rates. According to him, the country’s GDP growth made 4% in January-April against 3.8% recorded in this January-March due to accelerated development in manufacturing sector, service industry, agriculture and steady construction rates. “Since the beginning of the year the inflation rate…
UAH 42.6 billion worth of value added tax (VAT) was reimbursed to large taxpayers in January-April, up by 34% YoY, according the press service of the State Fiscal Service’s Office of Large Taxpayers. Compared to 2018, the share of large businesses in the VAT refund across Ukraine grew and exceeded 74% of the total amount…
The value added tax will remain 21% in Lithuania after the country’s parliament on May 9 rejected the liberals’ initiative to cut it to 18% from 2020, a level that was before the 2009 crisis. 22 lawmakers voted in favor of the parliament starting deliberation of the proposed amendments to the Law on Value Added…
In April, the gross international reserves of Kyrgyzstan decreased by $17.06 million, the National Bank reported. Gross international reserves of the republic amount to $2,180.09 billion. Compared with April 2018, they reduced by $12,890 million. Over the past two years, the highest level of the reserves was recorded in January 2018 – $2,220.44 billion. The…
According to information released by Statistics Estonia, the export of goods increased by 8% and imports by 5% YoY in March. This trade growth is attributable to increased exports and imports alike with other EU countries. This March, exports from Estonia amounted to EUR 1.2 billion and imports to EUR 1.4 billion at current prices.…
Compared to March, consumer prices in April possibly grew by 0.6-0.8%, which means annual inflation in Latvia has reached approximately 3.2-3.4%, bank analysts predict. Swedbank’s acting chief economist in Latvia Agnese Buceniece notes that in April, when compared to March, consumer prices increased by 0.6%, whereas annual inflation was approximately 3.2% when compared to April…