The Ministry of Labor held an extended meeting devoted to the results of operations for the first quarter of 2017 and unconditional execution of the Program of employment of the population for 2017. 39.8 thousand jobs were created in the period from January to March. 2 thousand unemployed citizens received vocational training, and 1.2 thousand…
The international rating agency Fitch Ratings has affirmed Kazakhstan’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at ‘BBB’ with Stable Outlooks. The issue ratings on Kazakhstan’s senior unsecured foreign-currency bonds have also been affirmed at ‘BBB’, Fitch said. The Short-Term Foreign- and Local-Currency IDRs have been affirmed at ‘F2’. The Country Ceiling has been…
Representatives of small and medium-sized enterprises (SME) have noted the improvement of the business climate in Ukraine: the corresponding index in 2016 rose to plus 0.06 from plus 0.01 in 2015 (on a scale from minus 1 to plus 1), according to the results of the “Annual assessment of the business climate 2016.” “The index…
Next year’s budget gap is EUR 460 million, which is planned to be compensated for by raising taxes for alcohol and fuel. Large Latvian municipalities do not support the government’s proposed tax reform. Leaded petrol excise tax for 1,000 liters is planned to be increased by 7.8%, from EUR 436 to EUR 470 in 2018.…
The National Bank of Ukraine believes that the country’s economic growth will gradually speed up in 2018-2019 after a temporary slowdown in 2016. As the NBU press service reports, this will be facilitated by a further increase in consumer and investment demand at a high pace, as well as the export growth against the background…
Chinese business delegation comprised of representatives of several major corporations visited Uzbekistan. They attended a business forum with participation of business circles of the two countries. The State Committee of Republic Uzbekistan for investments organised the event. Welcoming the participants, Deputy Prime Minister Ulugbek Rozukulov noted that the two countries had established a strategic partnership…
International reserves of Kyrgyzstan reduced by $20 million in March, the National Bank of Kyrgyzstan reported. As of the end of March, gross reserves amounted to $1,971.4 billion. In February the figure was slightly higher – $1,991.49 billion. At the same time, compared to December 2016, the country’s reserves grew by $2.27 million. In March…