According to the preliminary data, Belarus’ gold and foreign currency reserves totaled $6,664 million as of August 1, if calculated in accordance with methods of the International Monetary Fund, the Information and PR Department of the National Bank of the Republic of Belarus reported. In July the country’s gold and foreign currency reserves went up…
Azerbaijan’s State Customs Committee transferred almost 1.4 billion manats to the state budget in January-July, up by 18.64% YoY, says the Committee’s report. The Committee transferred 256.6 million manats to the budget in July. Revenues from customs duties amounted to about 61.3 million manats, value added tax – 184.5 million manats, excise duty – 8.06…
The friendly cooperation between the Republic of Korea (South Korea) and Turkmenistan will continue to expand, reassuringly said South Korean President Moon Jae-in in his letter to the Turkmen President Gurbanguly Berdimuhamedov sent on the occasion of the 25th anniversary of the establishment of diplomatic relations between the two countries. Moon Jae-in noted that during…
Presidents of Turkmenistan and Kyrgyzstan, Gurbanguly Berdimuhamedov and Almazbek Atambayev during a phone conversation confirmed the existence of great potential for boosting relations in a wide range of areas, including in the trade and economic sphere. The Turkmen government said in a message that the parties noted the expediency of working together to expand the…
In Q2 compared to the corresponding period of 2016 GDP grew by 4.1%, according to seasonally and working days non-adjusted data and by 4.8% according to seasonally and working days adjusted data. During Q2, the GDP was affected by an 8% increase in the volume of industrial production, 14% increase in construction, as well as…
As part of the state administration reform, job cuts are planned for 58,000 employees of different institutions. This does not apply to independent institutions such as the prosecutor’s office, Saeima, State Audit and Supreme Court. The number of officials employed in Latvian state administration is higher than the average in the EU, as concluded in…
The consolidated index of production of goods and services in Ukraine in January-June rose by 2.2%, GDP growth is estimated at 2.5% plus or minus 0.3%, according to data released by the Ministry of Economic Development and Trade. The ministry said the increased consumer and investment demand amidst the improved business and consumer sentiment, as…