The positive dynamics of Ukraine’s GDP growth will remain at 3.2% by the end of 2018, and it may also increase by about 3% in 2019, First Vice Prime Minister – Minister of Economic Development and Trade Stepan Kubiv stated when presenting the government’s report for the first half of 2018 at a meeting of…
According to the results of May, the state debt of the country reached $707.2 per capita. In a month, the debt burden of each resident of the country decreased by $1.6. According to the Ministry of Finance, as of May 31 the volume of state debt (external + domestic) amounted to $4,425.1 billion (302,905.43 billion…
President Dalia Grybauskaite has signed the laws overhauling the country’s tax system, adopted by the Seimas. For the laws to come into effect early next year they must be published six months earlier. The laws are related to the personal income tax, state social insurance, health insurance, tax administration, the profit tax, public procurement, VAT…
The international reserves of Ukraine declined by 1.1% YoY in June, to $17.978 billion, the press service of the National Bank of Ukraine reported. “The international reserves of Ukraine as of July 1 amounted to $17,978.2 million (in equivalent), according to preliminary data. They decreased by 1.1% over June, mainly due to payments on public…
Belarus’ gold and foreign exchange reserves totaled $6.83 billion as of July 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ international reserve assets made up $6.831 billion as of July 1. In June gold and foreign exchange reserves decreased by…
According to the information released by Statistics Estonia, the consumer price index (CPI) in June was up by 0.9% MoM and by 4% YoY. Compared to June 2017 goods were 4.1% and services 3.9% more expensive last month. Regulated prices of goods and services rose by 11.2% and non-regulated prices by 2.1% YoY. Compared to…
Experts say the ongoing labor migration Ukraine is seeing now may impede the country’s economic recovery, which was observed in the first half of 2018. “The only positive example in the Ukrainian realities is what the IT sector has done. Firstly, the introduction of taxation at 5% of the amount of income means the development…