The volume of remittances through digital services and PrivatBank offices in 2018 grew by 25% YoY, to $2.6 billion. Over 60% of remittances were received exclusively via digital services, according to the bank’s press service. Referring to the statistics of the National Bank of Ukraine on $5.67 billion of money transfers through official channels, PrivatBank…
In 2019, real GDP growth is expected to be around 3.7% in Kyrgyzstan, report of the National Bank says. Excluding the enterprises developing Kumtor mine, the growth will be about 3.8%. Production at Kumtor in 2019 is expected to be equal to the production level of 2018. In 2020, real GDP growth is forecast at…
In 2018, the proceeds from the tourism industry into the state budget of Ukraine increased by 250%, to UAH 4.2 billion. “The local authorities have significantly increased spending on tourism development owing to the decentralization reform. Kyiv had only UAH 300,000 in 2014, and today it has more than UAH 12 million; Odesa had 0,…
Registered unemployment in Estonia remained unchanged YoY in March. The total figure for registered unemployed was 33,3976 at the end of March, the same as the end of March 2018, and a 0.1% drop on the previous month. The figure constitutes 5.1% of the workforce aged 16 to retirement age, the Unemployment Insurance Fund (Tootukassa)…
The Finance Ministry aims to reduce the national debt to 50.5% of GDP by the end of 2019, and to 41.4% of GDP within the next three years, according to Finance Minister Oksana Markarova. “In the updated medium term state debt management strategy for three years, which Finance Ministry presented at the previous meeting of…
Investments from 32 countries were attracted in the economy of Volyn region in 2018, the press service of the Volyn Regional State Administration reported. “32 countries invested in the economy of Volyn region in 2018. The main ones were Poland, Austria, Germany, Sweden, Slovakia and Cyprus, with direct investments totaling 92.1% of the overall amount,”…
According to the information released by Statistics Estonia on April 9, Estonian exports of goods increased by 4% and imports by 5% YoY in February, with exports being boosted by wood, articles of wood and prefabricated wood buildings. In February, exports from Estonia amounted to EUR 1.16 billion and imports to EUR 1.26 billion at…