Minister of economy Tigran Khachatryan has met with Ambassador of Mexico to Armenia Norma Bertha Pensado Moreno. The minister welcomed the Ambassador and stated that this meeting was a good opportunity to discuss the future cooperation framework. “We are interested in deepening cooperation with Armenia in the economic sector because there is a great potential,…
The decentralization reform launched in 2014 that envisages transfer of financial resources and administrative powers to the regions is entering the second stage. That’s why it is impossible to halt the reform by hasty decisions, Prime Minister of Ukraine Volodymyr Groysman stated during a meeting with the leadership of the united territorial communities of Rivne…
Georgia’s external trade amounted to $4.95 billion in January-May, up by 1% YoY, says the National Statistics Office of Georgia (Geostat). In the reporting period the value of Georgian exports increased by 14.2%, to $1.46 billion, while the value of imports decreased by 3.6%, to $3.49 billion. Georgia’s trade deficit came out to $2.02 billion,…
The country’s GDP growth reached 4% in January-May, Kazakh Prime Minister Askar Mamin said at a government meeting. He instructed to take measures to increase the pace of economic development. The main drivers of the economy were construction – an increase of 8.8%, trade – 7.5%, transport – 5.3%, processing industry, including mechanical engineering –…
In April the foreign trade turnover of Latvia was 9.5% larger than a year ago, of which the exports value of goods was 2.9% and imports value of goods 15.3% higher, show provisional data of the Latvian Central Statistical Bureau. According to data published by the body, in April Latvia exported goods in the amount…
Inflation in Ukraine in May amounted to 9.6% YoY, accelerating from 8.8% in annual terms a month earlier, the State Statistics Service of Ukraine reports. May prices compared against the previous month were up by 0.7% after rising in April by 1% against March. Compared with December 2018, consumer prices in May increased by 4.2%.…
Economist Viktor Skarshevsky forecasts the forex rate of Ukraine’s national currency, the hryvnia, will have slightly weakened against the U.S. dollar by the end of the summer, to UAH 28-28.5. By autumn, demand for foreign currency will have increased and the dollar will have become stronger. This summer, the hryvnia may still strengthen to UAH…