The National Bank of Ukraine (NBU) has decided to leave unchanged the refinancing rate at 18% per annum, the central bank has reported on its website. Decision No. 714-rsh about the size of the refinancing rate was approved by the NBU Board on October 25. “Current and projected monetary conditions are rather tough to provide…
Ukraine saw a 5.5% rise in retail trade in January-September compared to the same period of 2017. However, the Ukrainian State Statistics Service has not provided statistics in monetary terms yet. Retail turnover increased the most in Ukraine-controlled districts in Luhansk and Donetsk regions, as well as in Poltava, Zakarpattia, and Kyiv regions, namely by…
The US intends to raise the level of trade and investment cooperation with Uzbekistan, Chairman of the American-Uzbekistan Chamber of Commerce Carolyn Lamm said during an Uzbek-American business forum. “We learned a very important fact that the Russians signed more agreements than the US. We decided that we could make more agreements to increase the…
A draft state budget for 2019 is currently being prepared in Turkmenistan. This was discussed at a government meeting on October 19, as a result of which main directions of the socio-economic development of Turkmenistan and the Investment Program for 2019 were identified. A significant part of monetary volumes is planned to be directed to…
Lithuania plans to export ready-to-bake food products and pets to Japan, the Agriculture Ministry said. The two countries’ agriculture vice-ministers agreed in Tokyo to immediately begin talks on certification procedures. Lithuania’s potential export products include pizzas, kibinai and similar ready-to-bake products containing poultry and cheese, the ministry said. The countries also expect to agree shortly…
Ukraine has not quit plans to borrow $2 billion on foreign markets in 2018 for the first half of the year, acting Finance Minister of Ukraine Oksana Markarova has said. “Almost $2 billion should have been borrowed at the beginning of the year. And we are still planning to attract the funds,” she said. Markarova…
As a result of January-August the state debt of Kyrgyzstan reached $697.6 per capita. Over a month, the debt burden decreased by $8.1. According to the Ministry of Finance, as of August 31, the total volume of the state debt amounted to $4,395.02 billion (303,361.23 billion soms), including $3,797.38 billion (262,110.05 billion soms) – external,…