President of Turkmenistan Gurbanguly Berdymukhamedov, noting that the system of benefits in the country has become completely ineffective, instructed to prepare proposals for cancellation of all benefits. Berdymukhamedov was addressing a meeting with the leadership of the Turkmen banking and financial sectors. “Benefits should be provided not to anybody, but only to those who really…
None of the coalition partners has any desire to overthrow the government. A solution to the tax reform and healthcare funding problem will be found, said Prime Minister Maris Kucinskis. “I gathered all coalition representatives. The good news is that none has any plans to topple the government and somehow stop the tax reform,” Kucinskis…
The Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) ratified a grant agreement for $280,000 signed between the government of Tajikistan and the Islamic Development Bank (IsDB) in January. Tajik Minister of Energy and Water Resources Usmonali Usmonzoda says the amount of this grant is allocated for improvement of work conditions for the ministry’s employees, elaboration…
The budget expenditures of Kyrgyzstan in May amounted to 10,97.5 billion soms. Such data was presented by the Ministry of Finance. 2,409 billion soms were allocated for state employees, for the payment of social security benefits – 1,452, 522.5 billion. Social assistance to the population was provided at 632,515.3 million soms. Expenditures under the item…
The Turkmen Economy and Development Ministry will hold an auction for the sale of state facilities on June 27. Industrial complex, shopping centers, carpet shop, textile factories, dairy farming enterprises, livestock farms are among the facilities to be put up for auction. The citizens of Turkmenistan and foreign countries, as well as private legal entities…
Concerns of Latvian residents about a possible economic crisis and political instability in the country are gradually growing, according to results of ERGO Security Index study. Data shows the index has worsened a lot over the past three years: from -39 in 2014 to -48 in 2017. “Concerns voiced by Latvians about the risks around…
The State Customs Committee of Azerbaijan transferred almost 974.9 million manats to the state budget in January-May, up by 14.6% YoY, according to the Committee’s report. The Committee transferred almost 216.8 million manats to the state budget in May. Revenues from customs duties amounted to 57.8 million manats, from the value added tax – 149.91…