At a meeting with the public in Taraz on June 3, Head of State Kassym-Jomart Tokayev said that the government was drafting new amendments to the Tax Code. “The government is now drafting a package of amendments to the Tax Code. As per these amendments, the new enterprises will be issued investment tax credits for…
The economic potential of Ukraine allows achieving much better indicators of economic growth, but this potential is still constrained by insufficient reforms. Ivan Miklos, the former finance minister of Slovakia, co-chair of the Group of Strategic Advisors for Support of Reforms in Ukraine, made a relevant statement during the workshop on the economic development of…
The average monthly nominal salary of civil servants in Azerbaijan in 2018 increased by 15.3% YoY, to 796.5 manats, the State Statistical Committee reported. According to the committee, as of January 1, there were 29,100 civil servants in the country, 28.5% of which were women. Of them, 4.5% of civil servants worked in the top…
According to information released by Statistics Estonia, GDP grew by 4.5% YoY in the first quarter of 2019. The seasonally and working day adjusted GDP grew by 0.5% compared with the previous quarter and by 4.6% compared with the first quarter of 2018. Economic growth was driven by manufacturing. The last time that manufacturing had…
Declaring default will stop Ukraine’s economic growth and trigger uncontrolled inflation. “Over the past week, many different statements have been made, including on declaring default. What does default mean? It means zeroing the incomes of Ukrainians, uncontrolled inflation, cessation of economic growth, unclear exchange rate of the national currency. I want to say: this is…
Ukraine’s debt repayments in May-December are estimated at $6.3 billion, including $3.5 billion in foreign debt and $2.8 billion in government bonds denominated in foreign currency. “One of the strongest challenges will be the repayment of state debt in foreign currency,” Chairman of the Council of the National Bank of Ukraine Bohdan Danylyshyn wrote on…
About 20.1% of Georgia’s population is under the absolute poverty line, shows the latest data of 2018 poverty indicators published by the National Statistics Office of Georgia (Geostat). Georgia’s population has slightly decreased, reaching 3,723,500 people as of January 1, says another data from Geostat. Most people under absolute poverty line live in the country’s…