The Lithuanian Seimas has passed the state budget for 2019, which includes more funds for defense, while not taking into account the funding demands of striking teachers. Canadian-British news agency Reuters reports that the state budget was passed in the Seimas on December 11, with revenues expected to be 17.2 billion euros and spending at…
Lviv region has approved the main financial document for 2019. “The Lviv Regional Council at an extraordinary session on December 11 adopted the budget for 2019. The main financial document envisages expenditures at UAH 14.5 billion. Almost UAH 1.42 billion will be spent on the implementation of regional programs in Lviv region next year,” press…
Prime Minister Volodymyr Groysman has said that the economy of Ukraine has been growing for 11 quarters in a row, although it’s not enough and much still needs to be done. “Our goal is to reach 5-7% of GDP growth. We need to attract investments for this. We are moving in the ease of doing…
Information and Communications Minister Dauren Abayev described the Astana Hub work. “On November 6 the Head of State attended the presentation of the Astana Hub International Technology Park. Two acceleration programs carried out there helped select more than 20 startup projects with investments attracted up to KZT 49 million,” the minister said. According to him,…
The trade turnover between Azerbaijan and Serbia has grown by 33% this year, Economy Ministry reported. The ministry was commenting on the fifth meeting of the Azerbaijan-Serbia intergovernmental commission on trade and economic cooperation. Prior to the meeting of the intergovernmental commission with the participation of delegations led by co-chairs of the commission – Azerbaijani…
In 2019-2020 Ukraine should pay off about $12 billion in foreign debt, including interest payments. “We do not have access to other funding channels without the IMF program, namely the funds from the European Union, the World Bank. Therefore, the proposal to sign a new program with the IMF is economically feasible,” Governor of the…
Armenia’s macroeconomic performance has been satisfactory, and the financial system has been stable in 2018, the Executive Board of the International Monetary Fund (IMF) said in its Financial System Stability Assessment (FSSA) of the country. Armenia’s financial system has expanded further since the 2012 Financial Sector Assessment Program (FSAP). According to the IMF, Armenia’s banking…