Estonia retained its position as 12th among 190 countries in the latest edition of the World Bank’s Doing Business rankings published on October 31. “As Minister of Finance, I am pleased to see that the World Bank has deemed Estonia to deserve 14th place in ease of paying taxes – this is definitely recognition for…
Specialists of the Dashoguz hydrogeological expedition are conducting on-site exploration and evaluation of fresh groundwater reserves. The work is carried out to establish the level of provision of the Dashoguz district with fresh water resources in order to meet the needs of fast growing population in high quality drinking water. In 2017 Turkmenistan chairs the…
The government of Kyrgyzstan amended the republican budget for 2017. The real growth of the gross domestic product (GDP) in 2017 is expected at 3.5% compared to the approved 2.9%. The volume of state budget revenues, including public investment grants, is projected at 156,056.5 billion soms, or 31.6% of GDP. The total amount of state…
The city of Tartu, Estonia’s second largest, is set to place bonds worth EUR 13.5 million with LHV and Nordic Investment Bank (NIB) to raise money for its 2017 financing needs. LHV pension funds are buying bonds for EUR 5.5 million and NIB for EUR 8 million, Tartu city government announced. The funds raised will…
President of Turkmenistan Gurbanguly Berdimuhamedov met with Ukrainian businessmen, Chairman of the Board at Interbudmontazh Construction Association Vladimir Petruk and Director General of Altcom Financial Industrial Group Alexander Tislenko, the Turkmen government said in a message. President Berdimuhamedov noted that Turkmenistan aimed at mutually beneficial cooperation with foreign partners, including with the business circles of…
The share of labor costs in the gross domestic product (GDP) in the first six months of this year decreased for the first time in the last six years, which enabled companies to increase profit and investments. The gap between labor productivity and wages decreased in the first half of 2017: growth in productivity accelerated…
The World Bank predicts a slight increase in GDP of Kyrgyzstan by 2019. In three years, the economy will grow by 1.3%, the regular review of the economic situation in Europe and Central Asia says. Thus, following the results of 2017, the World Bank expects that the real GDP of Kyrgyzstan with constant market prices…