The size of non-observed (hidden and informal) economy in the sphere of production in 2017 amounted to 125.2 billion soms, or 23.6% of Kyrgyzstan’s GDP, the National Statistical Committee of Kyrgyzstan says. According to it, the decline in the share of the non-observed economy to GDP was recorded in the wholesale and retail trade and…
Trade between Ukraine and Israel will grow by 15% to reach about $1 billion in the next five years, Israeli Ambassador to Ukraine Joel Lion has said. According to the ambassador, expert studies show that the parties will increase trade by 15% over the next five years. “This means that we will have trade turnover…
Revenues from the single social contribution totaling UAH 228 billion were transferred to the state budget in 2018, up by 26.1% YoY, according to the State Fiscal Service. “In 2018, revenues from the single social contribution for compulsory state social insurance totaled UAH 228 billion, which was up by UAH 47.2 billion,” reads the report.…
Ukraine’s First Deputy Prime Minister and Minister for Economic Development and Trade Stepan Kubiv and Israel’s Minister of Economy and Industry Eli Cohen have signed a free trade agreement between the two countries. The signing ceremony took place in the presence of Ukrainian President Petro Poroshenko, who was on a visit to Israel on January…
According to information released by Statistics Estonia on January 21, in December 2018 the industrial producer price index (PPI) decreased by 0.6% MoM, but increased by 1.6% YoY. Compared to the previous month, the industrial PPI in December 2018 was affected more than average by a price decrease in the manufacture of electronic equipment, fuel…
The trade turnover between Russia and Uzbekistan in 2018 increased by 21% YoY, to $5.7 billion, said the Ambassador of Uzbekistan to the Russia, Bortizhon Asadov. “Russia remains the largest trading partner of Uzbekistan. Mutual trade grew by 21% and reached $5.7 billion at the end of 2018,” the ambassador said. President of Uzbekistan Shavkat…
The National Bank of Ukraine (NBU) forecasts that inflation rate in Ukraine will not exceed 7% at the end of the year. NBU Governor Yakiv Smolii said this during his speech in the Verkhovna Rada. “Inflation is expected to be not more than 7% at the end of the year, namely 6.9%,” said Smolii. As…