The Asian Development Bank (ADB) has released its updated 2017 to 2019 country program for Tajikistan. In accordance with this program, ADB will support energy and road development, improving food security, strengthening investment climate, inclusive health, and sustainable urban infrastructure in the country, according to the message posted on the bank’s website. The indicative financial…
President of Uzbekistan Shavkat Mirziyoyev has signed a decree “On measures to further simplify and accelerate sale of state properties to be used for business purposes”. The provisions of the decree eliminate bureaucratic barriers to privatization of state properties and contribute to the organization of production at the privatized facilities. The document also simplifies some…
The Acting CEO of Ukrainian Seaports Authority Raivis Veckagans held a meeting at the port of Odessa, during which he criticized the port’s management. Thus, construction of long-term projects such as the terminal at the Quarantine Mole and reconstruction of the berth are still not completed. The question of reconstruction of the passenger terminal with…
Belarus is eager to implement new projects with Austria’s Kronospan Group, Belarusian Prime Minister Andrei Kobyakov said as he met with Kronospan owner Peter Kaindl on January 18. The head of the government noted that Belarus appreciated the contribution of this investor to the development of the Belarusian economy. “We attach great importance to the…
The presidential decree “On additional measures for the intensification and expansion of activities of free economic zones” dated October 26, 2016 serves as an important guide to action in creating a more favorable investment climate, expanding privileges and preferences. A single legal regime for free economic zones, unification of tax and customs privileges and preferences,…
In December 2016 the official unemployment rose by 0.2% to 1.5%, the State Statistics Service has said this in a statement. As of January 1, 2017 the State Employment Service registered 390,800 unemployed people. A total of 337,900 unemployed were registered at the State Employment Service as of December 1, 2016. The number of unemployed,…
Comprehensive measures to further improve the business environment, to ensure reliable protection of small business and private entrepreneurship, to remove the barriers for their comprehensive support and accelerated development contributed to the creation of some 31 thousand new small businesses in 2016, according to SSC information service. As a result, the number of small businesses…