Azerbaijan: economy to grow in 2018

World Bank (WB) forecasts the grow of 0.5% to 1% of the Azerbaijan’s economy in 2018, head of the bank’s Baku office Naveed Hassan Naqvi said. This year, Azerbaijan’s economy will probably contract by 1-1.5%, he said. “Unfortunately, Azerbaijan is overly dependent on oil,” he noted. “Nonetheless, oil prices decline and subsequent devaluation of the…

Turkmenistan: pricing policy improving

The issues of improving the pricing policy in Turkmenistan were discussed at the meeting of the country’s Cabinet of Ministers. Turkmenistan’s Deputy Prime Minister Bashim Khojamammadov said at the meeting that it was envisaged to entrust several structures with the compilation of price digests for the respective types of goods in this sphere. Moreover, an…

Ukraine: money supply up in July 2017

Money supply in Ukraine in July grew by 1%, to UAH 1.115 trillion, the National Bank of Ukraine (NBU) has reported. The central bank said that the pace was linked to the increase in off-bank cash by 1.3%, to UAH 311.639 billion, and deposits in the national currency by 0.9%, to UAH 802.786 billion. The…