Ukraine’s State Treasury on April 26 refunded VAT to 2,704 taxpayers for UAH 9.946 billion. The authority said that VAT was not refunded to 13 taxpayers for UAH 5.969 million, as the wrong information about the bank’s address was presented, as the bank was under liquidation. The treasury said that information about the state of…
The tax policy reform will make Latvia more competitive in comparison with other Baltic States. In addition, reforms in the country will introduce the largest PIT benefits for dependents among other Baltic States, Finance Ministry promises. “Tax burden decline for labor taxes and increased benefits will be felt by all residents,” the ministry states. PIT…
The National Bank of Tajikistan (NBT) predicts further food price hike under the pressure on the exchange rate of the national currency, the somoni, against the dollar (USD). Tajik central bank forecasts that prices for imported food products will begin to rise starting from the second quarter (April-June). The NBT specialists say negative inflation expectations…
The Aga Khan Fund for Economic Development (AKFED) has added another telecoms operator to its portfolio by buying Telia Company’s 60% stake in Tajikistan operator Tcell. AKFED already owned the other 40% and is reportedly paying just $27.7 million for the rest. AKFED owns Afghanistan’s Roshan mobile operator, which in turn also owns Smart Telecom,…
The Belarusian government expects real revenues of the population to rise, Prime Minister of Belarus Andrei Kobyakov declared. According to the head of government, real salaries in Belarus rose by 1% in Q1 (by 0.5% in January-February). According to statistics, in March the average salary was slightly above Br770. “Salaries are on the rise. The…
In 2017, the amount of investment income made 51.5 billion tenge, according to CEO of the JSC Unified Accumulative Pension Fund Nurbubi Nauryzbayeva. In her words, in the first quarter of 2017, pension assets increased by 153 billion tenge and comprised 6 trillion tenge as of April 1. 98% of all the retirement savings was…
Compared to February, the average level of producer prices in Latvian industry grew by 0.1% in March. The prices of products sold on the domestic market dropped by 0.1%, whereas the prices of exported products increased by 0.3%. The prices of products exported to euro area countries grew by 0.2% and of products exported to…