The state and government-guaranteed debt of Ukraine in January-April rose by $3.33 billion, or by 4.7%, to $74.31 billion as of April 30, according to the Finance Ministry’s website. The debt in hryvnia equivalent for the said period went up by UAH 3.16 billion, or by 2.2%, to UAH 1.973 trillion. According to the given…
In June, UAH 725 million in subsidies will be paid to farmers, which is almost three times as much as in May, the press service of the Agrarian Policy Ministry reports. “The Agrarian Policy Ministry of Ukraine transferred to the non-budget account of the State Treasury Service of Ukraine UAH 692 million for automatic payment…
Turkmenistan’s GDP growth rate was 6.3% in January-May, Bashim Khojamamedov, deputy prime minister for economy and finances, said at a government meeting on June 3. The growth rate was 2.9% in industrial sector, 4.1% in construction, 10.8% in transportation and communication sector, 9.5% in trade, 3.6% in agriculture, and 10.2% in the sphere of services,…
Out of the “storm” of negative factors Belarus has emerged with an ideal macroeconomy, Alexander Zaborovsky, Chief Advisor to the Chairman of the Board of the National Bank of the Republic of Belarus, declared during the international conference held in Minsk on June 2 to discuss economic security in a globalized world. The expert pointed…
Ukraine’s economic losses from the conflict in Donbas in 2016 amounted to 20.4% of GDP, according to statistics data given in the Global Peace Index, published by the Institute for Economics and Peace in Sydney, Australia. According to its data, the economic cost of violence in the country is 20.4% of GDP, or $66.749 billion…
The economy of Kyrgyzstan experienced a shock after joining the EEU, the Economist of the World Bank office in Kyrgyzstan Bakyt Dubashov said on June 2 at a press conference. According to the results of 2016, macroeconomic growth was noted at the expense of Kumtor, but even without gold mining, there is an increase of…
Ukrainian Deputy Prime Minister Stepan Kubiv cut the government’s 2017 economic growth forecast to 1.8% from 3%, citing a trade blockade with separatist-held territories as one of the drivers for the revision. The new forecast is just below the central bank’s revised prediction of 1.9%. Kubiv said growth for 2018 would likely climb to 3%,…