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Tag Archives: economy

Uzbekistan: global economic, transport and transit corridors to be joined

UzbekistanBy admin2020-09-25Leave a comment

Uzbekistan proposes to establish a Regional Center for the Development of Transport and Communications under the auspices of the United Nations, the President of Uzbekistan Shavkat Mirziyoyev has said. President spoke at the 75th session of the United Nations General Assembly. The General Assembly for the first time in the history of the United Nations…

Kyrgyzstan: Bishkek and Tashkent to cooperate in trade, economic and cultural spheres

Kyrgyzstan, UzbekistanBy admin2020-09-24Leave a comment

Bishkek and Tashkent will sign an action plan for implementation of an agreement on cooperation in trade, economic, cultural and humanitarian spheres between the City Hall of the capital of Kyrgyzstan and the khokimiyat of Tashkent city. It was announced at the meeting of the Mayor of Bishkek Aziz Surakmatov with the Ambassador Extraordinary and…

Latvia: ruling coalition agrees on framework of 2021 budget and tax reform

LatviaBy admin2020-09-23Leave a comment

The parties of the Latvian government have reached an agreement on the general framework of the 2021 state budget and the planned tax reform. “After several months of debates, we have agreed on the framework of the 2021 budget,” Prime Minister Krisjanis Karins said on September 21. Karins elaborated that the budget of the next…

Ukraine: public debt to be reduced in 2021

UkraineBy admin2020-09-23Leave a comment

Finance Minister Serhiy Marchenko has said that Ukraine intends to cut public debt by 3% in 2021. “This year we have a deficit of UAH 300 million. This is a crisis year, as we had to finance some social programs, pension indexation and the Fund to tackle Covid-19. But we have the opportunity to borrow.…

Estonia: industrial producer price index down in August 2020

EstoniaBy admin2020-09-22Leave a comment

In August, the producer price index of industrial output increased by 1.1% MoM, but decreased by 2.2% YoY, data from Statistics Estonia shoed. Leading analyst at Statistics Estonia Eveli Sokman said, in August, compared to July, the producer price index was affected primarily by price increase in electricity supply. “Price decreases in the manufacture of…

Latvia: producer price level down in August 2020

LatviaBy admin2020-09-22Leave a comment

In Latvia, the level of producer prices in industry decreased by 2.7% YoY in August, the data of the Central Statistical Bureau (CSB) showed. In a press release on September 21, the CSB reported that in a monthly comparison, from July to August, the level of producer prices in Latvian industry remained the same. Prices…

Ukraine: healthcare spending to grow unprecedentedly in 2021

UkraineBy admin2020-09-21Leave a comment

Finance Minister Serhiy Marchenko has said the healthcare spending in 2021 will grow unprecedentedly, up to 4.2% of GDP. “Healthcare is our key priority given the COVID-19 pandemic and the ongoing healthcare reform. Expenditures on healthcare will grow unprecedentedly, up to 4.2% of GDP, which is more than UAH 190 billion ($6.8 billion) in the…

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