After the introduction of the tax reform, tax accounting will become more complex. And this is not because it will take several years for businesses, private persons and tax inspectors to get used to the system. The new laws in general are not meant to make things simpler, says Latvian Tax Consultant Association board member…
Belarus’ key lending rate was reduced to 11.5% per annum on September 13. The interest rate on standing and bilateral operations designed to keep up the current liquidity of Belarusian banks was reduced from 14% to 13% per annum. It is the seventh time Belarus’ central bank has reduced its refinancing rate this year. The…
Since the beginning of the year, Kyrgyzstan’s state debt has grown by $221.26 million, the Ministry of Finance reported. As of July 31 the state debt amounted to $4,286 billion, or 294,238 billion soms. At least $3,897.27 billion of the sum is external debt, and $388.80 million – internal debt. Only for a month, the…
As of July, migrants transferred $1.3 billion to Kyrgyzstan, the National Bank reported. It is noted that in July the net inflow of remittances was formed in the amount of $228.8 million. Over the month, the volume of transfers decreased by $10 million. At the same time, the main part is transfers from Russia –…
Tax revenues of Azerbaijani state budget exceeded 4.67 billion manats in January-August, up by 0.1% from the forecast, said the country’s Taxes Ministry on September 12. The Taxes Ministry is expected to transfer 7.645 billion manats (45.6% of total budget revenues) to the state budget in 2017. Revenues of Azerbaijan’s state budget have been approved…
The National Bank of Ukraine (NBU) has said that risks of the larger deviation of inflation from the targeted range 8% plus/minus 2% at the end of 2017 compared to the figures of the July forecast of the central bank have increased. “The current pace of the general consumer price index and its components shows…
According to information released by Statistics Estonia on September 11, July exports of goods increased by 6 and imports by 9% YoY. Increased imports of base metals and articles of base metal and transport equipment contributed to the growth in imports. Exports from Estonia in July amounted to EUR 900 million and imports to EUR…