The Georgian national currency, the lari, has depreciated in value against the US dollar and the euro in recent days, with $1 costing 2.7799 GEL, while 1 EUR costs 3.0954 GEL. Georgian Prime Minister Mamuka Bakhtadze says that “it seems this is a short-term effect and this will be regulated in the nearest future”. Bakhtadze…
Retail trade in Ukraine grew by 7.9% YoY in comparable prices in January-April 2019, to UAH 319.887 billion ($12.3 billion). Retail turnover increased the most in Vinnytsia region (by 13.2%, to UAH 5.167 billion or $197.9 million), Kyiv region (by 12.1% to UAH 17.798 billion or $681.7 million), Ivano-Frankivsk region (by 12% to $4.551 or…
Estonia-founded international money transfer company Transferwise has closed a secondary funding round of $292 million, or EUR 261.1 million. Investors used the Transferwise for Business platform when settling the financing. Transferwise is now valued at $3.5 billion, and the latest funding round brings the total raised by the company in both primary and secondary funding…
In March state debt of Kyrgyzstan amounted to $695.65 per capita. Over the month, the debt burden has decreased by $4.95. According to the Ministry of Finance, as of March 31, the total amount of state debt (external + internal) in Kyrgyzstan was $4,452.22 billion (310,986.13 billion soms), including $3,792.46 billion (264,901.53 billion soms) –…
According to the information released by Statistics Estonia, in April, the producer price index (PPI) of industrial output increased by 0.7% MoM and by 1.6% YoY. Compared with the previous month, the PPI in April was affected more than average by a price increase in the manufacture of electronic equipment, in electricity supply, in the…
The deficit of Ukraine’s national budget in January-April amounted to UAH 1.7 billion, or $64.5 million, which was almost twice as high as the previously announced level of deficit, which was UAH 0.9 billion, or $34.2 million. Over the period under review, revenue of the national budget was UAH 322.6 billion, or $12.25 billion, up…
Azerbaijan’s GDP exceeded 23.8 billion manats in January-April that is 2.1% more than in January-April 2018, the State Statistical Committee reported. The volume of GDP per capita stood at 2,411.8 manats. Some 46.5% of Azerbaijan’s GDP accounted for industrial sphere, 5.9% – for construction, and 3.1% – for agriculture, forestry and fishery. Net taxes on…