The total state (direct) and government-guaranteed debt of Ukraine in July increased by 1.4% or by $1.05 billion, to $76.06 billion, the Ministry of Finance said on its website. The state debt in the national currency rose by 0.69% or by UAH 13.45 billion, to UAH 1.971 trillion. Since the beginning of the year the…
“This year we signed a contract for the delivery of various types of clothing to Kyrgyzstan for $2 million,” Anna Dobrykh, representative of the company “Iftkhorki Sanoat”, reported. According to her, they have been cooperating with Kyrgyz companies for two years. “At the business forum, we expect to sign more contracts. Agreements and intentions have…
The Bloc of Petro Poroshenko (BPP) faction in parliament has called on the government to increase the minimum wage to UAH 4,000 (about $150). The chairman of the BPP faction, Artur Herasymov, said this at a meeting of the parliament’s conciliatory council on September 4. “We are appealing to the government regarding a further increase…
“The government allocated low interest loans of more than 2 billion manats for entrepreneurs over the last years, of course, entrepreneurs also invested their funds. As a result of this initiative, nearly 4 billion manats or perhaps even more funds were allocated to the real sector of the country’s economy,” said President of the Republic…
Ukraine in the first half of 2017 implemented 415 international technical assistance projects worth a total of $5.32 billion, the press service of the Ministry of Economic Development and Trade reported. The major donors of technical assistance remained the U.S. with 104 projects worth $1.5 billion, the European Bank for Reconstruction and Development with 39…
Estonia continued to be a net saver, and the country’s economy was not about to overheat, Tonu Palm, chief economist at Nordea, said in his comments on the reported 5.7% GDP growth. “The economy’s rapid growth stems from a low reference base in a situation where there has been underinvestment for years. Loan growth is…
Compared to Q1 Latvia’s gross domestic product at constant prices increased by 1.2% in Q2. Compared to the corresponding period of 2016, in Q2 the GDP grew by 4% according to seasonally and calendar non-adjusted data and by 4.8% according to adjusted data. In Q2, the GDP amounted to 6.8 billion euros at current prices…