The level of inflation in Ukraine at the end of 2017 may be higher than the current forecast of the National Bank of Ukraine at 9.1%, which may force the NBU to apply a more stringent monetary policy, reads a statement on the central bank’s website referring to Deputy NBU Governor Dmytro Solohub. During a…
The Asian Development Bank (ADB) expects that Azerbaijan’s GDP growth will be 1% in 2018, according to the “Asian Development Outlook 2017 Update: Sustaining Development Through Public-Private Partnership”. Azerbaijan’s GDP growth rate decreased by 3.8% in 2016. The ADB expects that the recession will continue in 2017, but its pace will slow down. Thus, according…
Economy of Turkmenistan should be based on market relations, the country’s President Gurbanguly Berdimuhamedov said at a government meeting. The draft state budget for 2018 was on the agenda of the meeting. The Turkmen president noted that during the draft state budget’s preparation, special attention should be paid to increasing the volume of loan funds…
The Estonian government at an extraordinary meeting on September 27 approved the 2018 state budget bill, which set out the first ever Estonian state budget to exceed EUR 10 billion. This marks the first full-length budget of the coalition government that took office in November 2016. The activities financed from the budget support the four…
Turkmenistan has proposed to host a summit of the International Fund for Saving the Aral Sea (IFAS) founding state heads in 2018. Ashgabat’s Permanent Representative to the UN Aksoltan Atayeva, addressing a general political discussion at the 72nd session of the UN General Assembly, called on the international community to more actively address environmental issues,…
The funds in the amount of $1.32 billion from placing sovereign eurobonds due in 2032 for $3 billion were sent to the account of the State Treasury Service of Ukraine, the Finance Ministry has reported on its website. The ministry said that the deal to purchase eurobonds due in 2019 and 2020 for $1.68 billion…
Tajikistan’s draft state budget for 2018 was coordinated with the profile departments and submitted for consideration to the Standing Committee on Budget under the government of Tajikistan. After being studied and approved by the government, the draft state budget will be sent to the lower house of parliament for approval. The revenue part of the…