This week, Latvian Economy Minister Arvils Aseradens will invite businesses to contribute to development of innovations, adding that the country’s healthy development requires businessmen as invaluable partners, because development of products, services or innovations also contributes to the development of separate industries. Next week’s agenda states that Aseradens will take part in multiple events organized…
The Belarusian Economy Ministry intends to arrange roundtable sessions every month in order to evaluate the current macroeconomic situation together with representatives of other government agencies, the Public Relations Department of the Economy Ministry reported. A government conference took place at premises of the Belarusian Economy Ministry at the end of last week. It was…
The amount of cash money circulating in Tajikistan has risen by 50% in four months to May 1, reaching 8.8 billion somoni, according to the National bank of Tajikistan (NBT). Meanwhile, Tajikistan’s monetary base has increased over the same four-month period to 11.6 billion somoni. Increase in the money supply has reportedly been caused by…
The European Bank for Reconstruction and Development (EBRD) accounts for some 15% of funds provided to support investment projects in Tajikistan. Issues related to implementation of the EBRD-supported projects in Tajikistan were discussed on May 25 at a meeting of senior representatives of the State Committee on Investment and State-owned Property Management (GosKomInvest) with representatives…
A set of documents and agreements was signed in Tashkent on May 25 following a meeting of the Uzbekistan-Turkey Intergovernmental Commission for Trade and Economic Cooperation and the Uzbekistan-Turkey business forum. The documents and agreements envisage the implementation of around 30 projects in pharmaceutics, textile industry, electro-technical, construction and banking sectors, worth more than $2…
Tajikistan has presented its National Development Strategy for the Period to 2030 at the headquarters of the Shanghai Cooperation Organization (SCO) in Beijing, China. According to the SCO’s official website, a roundtable dedicated to Tajikistan’s National Development Strategy for the Period to 2030 took place at the SCO headquarters on May 24. The meeting was…
The Moody’s Investors Service international ratings agency has forecast the Azerbaijani economy to grow by 1.8% in 2018, Petr Paklin, the agency analyst, said at the Moody’s Annual Azerbaijan Summit in Baku on May 25. He noted that Azerbaijan’s GDP growth was highly dependent on the level of oil prices. If the oil prices remain…