Board of the National Bank of Kyrgyzstan has kept the discount rate at 4.5%, website of the bank says. According to it, there is a growth trend in the economy, which formed mainly in the manufacturing industry. Inflow of remittances into the country and the real wages growth continue to support the internal demand. Thus,…
In the fourth quarter of 2018, the number of registered unemployed in Ukraine decreased by 100 thousand people compared with the fourth quarter of 2017, and the unemployment rate shrank by 0.6%, the State Statistics Service of Ukraine reported. “According to the results of a sample survey of the population (households) on economic activity, the…
The Lithuanian Finance Ministry has revised its economic growth forecast for this year downward to 2.6%, from 2.8% previously. It also downgraded its growth projection for 2020 to 2.4% and that for 2021 to 2.3%, from the previous estimate of 2.5% for both years. In light of certain risks, the ministry forecasts that the country’s…
Ukrainian economy has been growing for the longest continuous period of nine years, First Deputy Prime Minister – Minister of Economic Development and Trade of Ukraine Stepan Kubiv stated at a meeting of the Regional Development Council in Chernivtsi region. “They, the Russian authorities, hate only one person who is the commander-in-chief and who opposes…
Georgian Prime Minister Mamuka Bakhtadze has summed up his visit to Japan, saying it has been very successful. Bakhtadze said that it was important to receive more foreign direct investments from Japan in high technology. “We have all opportunities to increase our exports to Japan 10-fold over the next five years”, he said. He said…
Looking at the amount of taxes companies pay, 55.6% of businessmen and CEOs said they were too high, 36.5% said taxes were a bit too high, whereas 7.2% said taxes were as high as they needed to be, according to data from Turiba University’s Business Index. Compared to answers provided in 2018, it can be…
Retail trade turnover in the city of Kyiv in 2018 grew by 3.4% YoY, according to the Kyiv City State Administration. “Commodity exports increased by 5.2%, the volume of direct foreign investments into the economy of Kyiv city grew by 3.5%, and capital investments – by 30.6%,” Natalia Melnyk, the director of the Administration’s Economic…