Belarus’ gold and foreign exchange reserves exceeded $7 billion as of May 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ gold and foreign exchange reserves, if calculated in accordance with methods of the International Monetary Fund, totaled $7.038 billion (in…
Ukraine’s State Fiscal Service (SFS) reimbursed UAH 43.6 billion worth of value added tax (VAT) in January-April, the SFS press service has reported on its Facebook page. “UAH 43.6 billion worth of VAT was reimbursed to taxpayers in January-April. Compared to the respective period last year, the amount of compensation grew by 14.7%, or by…
A delegation of Turkmenistan, headed by Deputy Prime Minister Chary Gylydjov, held talks in the Federal Ministry of Economy and Energy of Germany, says a message of the Turkmen Foreign Ministry. The eighth meeting of the joint working group for trade and economic cooperation was held in Berlin. The sides discussed expanding ties in such…
In January-April revenues from taxes and fees totaling UAH 202.billion were transferred to the general fund of the state budget, up by UAH 20 billion YoY, the press service of the State Fiscal Service (SFS) reported. In January-April UAH 121.5 billion in revenues from tax payments were transferred to the general fund of the state…
Latvia’s economy will grow more slowly than it did in Q1. Growth will likely reach at least 4%, predicts Luminor Bank economist Peteris Strautins. SEB Bank’s macroeconomic expert Dainis Gaspuitis is more reluctant in his outlook. He expects economic growth rate to be 3.7%, considering global cycles and negative trends in certain sectors. Swebank senior…
One-fifth of Latvia’s residents believe using credit and debit cards to perform purchases helps save money. Only 10.7% are confident that using cash helps the economy, according to information from Ferratum Bank. The survey performed by the bank shows that 37% of Latvia’s residents are confident that their expenses do not change regardless of the…
According to Statistics Estonia, in March the production of industrial enterprises increased by 8% compared to March 2017. Production increased in manufacturing as well in mining and in energy. In March the total production in manufacturing was 5% higher compared to the corresponding month of 2017. In March over a half of the branches of…