Bolat Zhamishev, Chairman of the Board of the Development Bank of Kazakhstan (DBK), has given his outlook on possible devaluation of the Kazakh national currency. “Generally speaking, we do not see any expectations or drastic changes of exchange rate dynamics. The national currency is now strengthening. It is not improbable it will stream back and…
Tajikistan’s investment portfolio now includes 68 projects totaling 2.85 billion according to the State Committee on Investments and State-owned Property Management (GosKomInvest). Tajikistan’s investment portfolio, in particular, includes 25 grant based projects, 16 loan based projects and 27 mixed-finance projects. “More than $1.2 billion have been drawn in the framework of these projects since the…
Over the first quarter of this year, Tajikistan’s national budget has received some 145 million somoni less than originally planned. In January-March, the budget reportedly stood at 4.862 billion somoni, or 97.1% of the planned volume. It means that the budget was expected to receive 5.007 billion somoni over the first three months of this…
Support to the private sector of economy is among important priorities in Turkmenistan, President Gurbanguly Berdimuhamedov said in his message to participants of the International exhibition of household goods. “On this basis, we set before ourselves the goal to significantly increase the share of individual enterprises in the structure of GDP,” said Berdimuhamedov in his…
Fitch Ratings has affirmed Ukraine’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B-‘ with a Stable Outlook. This is stated in the agency’s press release. “We forecast Ukraine’s GDP growth to decelerate to 2% in 2017 before picking up to 3% in 2018 on the back of improving consumer demand and investment,” the…
Compared to March 2016, total retail trade turnover in Latvia rose by 1.5% in March 2017. Turnover of retail trade in food products declined by 0.8%, whereas turnover of retail trade in non-food products grew by 3.3%. The most significant turnover growth in the non-food product group was recorded in retail sale of information and…
On the outcomes of the activities of 2016 as well as of the first quarter of 2017 the country shows a positive trend of gradual economic upturn, and this should be the basis and the key to boost investment in the country and ensure implementation of successful projects in the real economic sector, Ukrainian Prime…