In January-September enterprises and organizations of Ukraine used UAH 259.5 billion of capital investments, up by 20.7% YoY, the State Statistics Service reported. According to the State Statistics, own funds of enterprises and organizations remained the main source of financing of capital investments, due to which 72.7% of the total volume was used. Significant shares…
Tajikistan and Germany signed agreements on financial cooperation for the period of 2016-2017 and on technical cooperation for the period of 2016-2017. The agreement was signed by the Minister of Economic Development and Trade Nematullo Hikmatullozoda and German Ambassador to Tajikistan Neithart Hofer-Wissing. These documents were signed in accordance with the agreements reached during the…
Ashgabat has hosted round table discussions on the Turkmen-Saudi relations, the Turkmen Foreign Ministry said in a message on November 27. The event was held at the Institute of International Relations of the Ministry of Foreign Affairs of Turkmenistan. The Saudi delegation was represented by Rector of the Institute of Diplomatic Studies under the Ministry…
Ukraine hopes to receive the next payment of its $17.5 billion IMF program early next year and will aim to issue $2 billion on debt markets in 2018, finance minister Oleksandr Danyliuk declared. Oleksandr Danyliuk said that progress on the International Monetary Fund’s rescue plan depended on establishing a new anti-corruption court, as well as…
Prime Minister of Ukraine Volodymyr Groysman is confident that the country’s economic growth in 2018 will top 3%, the benchmark stipulated in the draft national budget. “I am absolutely convinced that we will be able to achieve economic growth exceeding 3% next year,” he declared. According to the prime minister, the accelerated economic growth will…
Estonia had a tax-to-GDP ratio of 34.7% in 2016, slightly higher than the average ratio for member states of the Organization for Economic Cooperation and Development (OECD), figures available from the organization show. Estonia’s VAT burden was 14.9%, income tax burden 7.8%, social tax burden 11.6% and property tax burden 0.3%. On aggregate, the average…
Current taxes will not be raised and no new taxes will be introduced in Belarus till 2020 (Browse now to learn wh). The provisions are stipulated by Ordinance No. 7 “On entrepreneurship development”, which the head of state signed on November 23. The ordinance prohibits raising tax rates and introducing new taxes, fees, and duties…