The average and maximum rates on incomes of individuals have been reduced in Uzbekistan since January 1, while the amount of contribution to individual accumulative pension accounts has been increased, and property tax will be calculated based on the cadastral value of real estate. This is stated in the presidential decree, which approved the main…
Starting from January 1, the minimal wage in Latvia will be EUR 430, which is EUR 50 higher than it was the year before. This is provided by amendments approved by the Cabinet of Ministers in regards to minimum monthly wage amount for standard work time and calculation of the minimal hourly rate. Previously, Welfare…
In the next three years Latvia’s economy will grow by more than 3% every year, predicts Latvian Finance Minister Dana Reizniece-Ozola. “In 2018, the state budget will focus on improving healthcare. The Saeima has approved of a law that puts healthcare at the top of budget priorities. Other important fields include the country’s internal and…
Ukrainian exports grew by 20% in 2017, Prime Minister Vladimir Groysman said. “In 2017, total exports grew by almost 20%, they were $35 billion in the nine months. This amount was paid to Ukraine for products created by Ukrainian hands,” he said while opening a Cabinet meeting. In his words, the European Union accounted for…
Development of small and medium-sized enterprises (SMEs) plays one of the most important roles in the development of the Azerbaijani economy, Deputy Economy Minister Sahib Mammadov declared in Baku on December 26. He was speaking at an event dedicated to establishment of cooperation between SMEs and the Center for Simplified Support for Family Business (ABAD).…
Prime Minister Juri Ratas said no new taxes would be implemented next year, but added that he would like to increase the quota of workforce coming from outside the European Union. “I do not think it right to make new decisions concerning the tax policy a year before the end of this composition of the…
In January-November the general fund of local budgets received UAH 173.5 billion, which is 96.7% of the annual projected figures, Vice Prime Minister – Minister of Regional Development, Construction, Housing and Utilities Service Hennadiy Zubko declared. According to him, 692 united territorial communities have been created in Ukraine. A total 3,327 local councils have united,…