Working international students and graduates paid more than EUR 13 million in tax during the academic year 2019-2020, an analysis by Statistics Estonia showed. The statistics agency’s research, carried out on behalf of the Estonian Education and Youth Authority, showed international students paid EUR 10 million in income and social tax in Estonia and international…
In 2020, Latvia’s State Revenue Service (VID) collected a total of EUR 9.863 billion for the state budget, down by EUR 640.423 million or by 6.1% from the original plan, according to information published by the service. Compared to 2019, VID’s total collected general budget revenue has dropped by EUR 53.216 million or by 0.5%.…
Oshelectro OJSC caused damage to the state budget in the amount of over 30 million soms, press service of the Financial Police of Kyrgyzstan reported. The Department of the State Service for Combating Economic Crimes (Financial Police) for Osh city has begun pre-trial proceedings on the fact of abuse of office against management of the…
The Ukrainian Finance Ministry believes that direct financing of the state budget from the International Monetary Fund (IMF) should be stopped until 2023, Finance Minister Serhiy Marchenko has declared. According to Marchenko, the IMF currently provides money directly to the budget to finance the budget deficit. The Finance Ministry wants the IMF to allocate money…
In November 2020, the number of foreign and resident visitors comprised 50.3 thousand, down by 44.2% MoM and by 72.3% YoY. As compared to November of the previous year, the number of nights spent by visitors reduced by 66% and comprised 121.9 thousand nights. After the emergency situation was declared in the country on November…
Proposals from over 20 local governments on the use of European Union funds have been made for 2021 onward, in conjunction with the Finance Ministry. Regional development is reportedly a major focus in the coming budgetary strategy period. The Association of Estonian Cities and Municipalities (ELVL) presented its EU structural funds proposals to the Ministry…
In November 2020, state debt of Kyrgyzstan reached $740.5 per capita. The debt burden increased by $6.6 over the month. According to the Ministry of Finance, as of November 30, 2020, the state debt (external plus internal) of Kyrgyzstan amounted to $4,887.46 billion (414,448.46 billion soms), including $4,218.38 billion (357,711.54 billion soms) of external and…