Inflation will not exceed 7% till the end of the year, Belarusian First Deputy Economy Minister Dmitry Krutoi declared. According to the source, the Belarusian government expects inflation not to exceed 7% till the end of the year, down from the previous estimate of 9%. “Our projections are cautious. We finished the first five months…
Belarus is gradually getting back on track for recovery, First Vice Premier Vasily Matyushevsky said when speaking at the joint session of the Belarusian parliament on June 26. “The economic performance in the recent months has been showing that the Belarusian economy is back on track. The GDP growth target for H1 has been over-fulfilled:…
Kazakhstan plans to raise the country’s tourism share to 8% of GDP by 2025. This was announced by First Deputy Prime Minister of Kazakhstan Askar Mamin at the international conference “Tourism and Future Energy: Unlocking Low Carbon Growth Opportunities” in the Congress Center of Expo-2017. “We have rich nature and resources. The rich Kazakh history…
Practical steps taken within the framework of the monetary reform of Turkmenistan made it possible to increase confidence in the national currency, the Turkmen manat, the country’s President Gurbanguly Berdimuhamedov said. He made the remarks at a meeting with representatives of the financial and banking sphere in Turkmenistan. The increased confidence in the Turkmen national…
In relation to the possibility of purchasing a new home, Latvian residents view EUR 100,000 as the “pain threshold”. The critical border for new project apartments is 1,300 EUR/square meter. For standard apartments it is 1,000 EUR/square meter. For private homes it is 1,600 EUR/square meter, according to results of a study by PrivatBank. Lately…
Regional Development, Construction, Housing and Utilities Economy Ministry of Ukraine has signed the agreement of cooperation with the International Finance Corporation (IFC), part of the World Bank group, the press service of the ministry reported. According to the report, the key directions of cooperation between the ministry and the IFC will be the improvement of…
Compared to April, the level of producer prices in Latvian industry grew by 0.4% in May. The prices of products sold on the domestic market increased by 0.3%, whereas the prices of exported products grew by 0.5%. The prices of products exported to euro area countries grew by 0.8% and of products exported to non-euro…