The Russian rating agency ACRA is forecasting the growth of Azerbaijan’s economy in 2018 at 1.5% with further acceleration of GDP growth to 3.2% in 2022, the agency’s report for Azerbaijan says. The agency noted that after the economic recession in 2016 and nominal growth of 0.1% in 2017, the economy of Azerbaijan began to…
The payment of pensions in July has been delayed due to a deficiency in cash receipts of a single social contribution, the Pension Fund of Ukraine posted on its website. “Following numerous requests about the delay in pension payments in July, the Pension Fund informs that changes in the payment schedule are due to a…
Net sales of cash foreign currency by Ukrainians through the banking system amounted to $268.7 million in June. In June the banks sold $947.8 billion in cash currency and bought $679.1 million, according to the National Bank of Ukraine (NBU) website. In January-June Ukrainians sold $1.235 billion more in foreign currency than they bought. (UNIAN/Business…
The National Bank of Ukraine (NBU) has estimated GDP growth in Ukraine in the second quarter of 2018 at 3.2% YoY. “According to the NBU estimates, the pace of real GDP growth remained practically unchanged in the second quarter, that is 3.2% (3.1% in Q1), and domestic demand was the main driver of the real…
In January-June the retail sector in Belarus expanded by 9.3% YoY, to Br21 billion, the National Statistics Committee reported. In H1 wholesale trade totaled Br44.4 billion, up by 6.8%. In January-June one-day retail sales per capita made up Br12.2 as against Br10.9 in January-June 2017. Retail trade by trade companies accounted for 88.9% of the…
The Central Bank of Azerbaijan can again reduce the discount rate during the next meeting of the Board, Director of the Training Center of the Ministry of Taxes of the country, economist Farhad Amirbekov believes. The expert noted that macroeconomic indicators were favorable for further reduction of the discount rate. “The situation is stable from…
The deficit of Ukraine’s foreign trade in goods in January-May amounted to $2,054.9 million, up by 44.4% YoY. This data was provided by the State Statistics Service of Ukraine. In January-May Ukraine’s total imports of goods made up $21,515.0 million, or 115.3% compared to January-May 2017. Ukraine’s total exports of goods over the reporting period…