The National Bank of the Republic of Belarus (NBRB) plans to ramp up the gold and forex reserves to $8-8.5 billion, First Deputy Chairman of the NBRB Board Taras Nadolny said during the roundtable meeting “Belarus’ Banking Sector: Recovery Round the Corner”. “There is every reason to expect this. We have been making positive interventions…
The state debt of Kyrgyzstan grew by $95 million in the first quarter of 2017 and updated the historical maximum, the Ministry of Finance of the Kyrgyz Republic reported. Of March 31, its size was $4,160 billion, or 285,461,89 billion soms. The external debt formed in the amount of $3,803.97 billion (260,978,59 billion soms), and…
In Q1 the Latvian unemployment rate constituted 9.4%. Compared to the previous quarter, the unemployment rate increased by 0.1%, whereas, compared to the same period of the year before, the rate reduced by 0.9%. In Q1 91.3 thousand people aged 15-74 were unemployed, which is 10.3 thousand fewer than a year ago and 0.5 thousand…
The micro-enterprise tax has created serious defects for Latvia’s tax system, said Fiscal Discipline Council chairman Janis Platais. “It has caused very serious defects to our tax system. It suffocates growth. It acts against the tax neutrality principle, when taxes should not stimulate one or the other form of business,” Platais said. He believes Latvia…
The implementation of the Sustainable Development Doctrine will allow Ukraine to achieve the level of Western countries by 2030 and ensure an annual growth of 10%, Ukrainian parliamentarian Serhiy Taruta said while presenting the publication titled “Ukraine 2030: The Doctrine of Sustainable Development.” The parliamentarian who is the author of the idea of writing the…
The European Union-funded project, Technical Assistance to Support Pension Reform in Tajikistan, was launched in Dushanbe. According to the European Union Delegation to Tajikistan, the project will run for over three years (until January 2020) and will provide support to the Agency for Social Insurance and Pensions (ASIP) in the areas of Information and Communications…
Tajikistan has been placed at the 128th position among the 190 countries in the World Bank’s ease of doing business index for the year 2017. The index was released as part of the World Bank’s annual report Doing Business 2017: Equal Opportunity for All. This report had revised Tajikistan’s rank to 128 from earlier 132nd…