Local and Russian enterprises and businessmen demonstrate continuous interest in cooperation due to similar business structures, preferential tax and customs regimes and availability of different transport routes which ease logistics issues. Business people from Tyumen, Russia, who will be in Baku on August 11-16, plan to establish ties with potential partners from Azerbaijan. The visit,…
Armenia’s economic activity index grew by 6.5% YoY in January-June, according to official data published by the National Statistical Committee. In particular, the service sector grew by 15.3%, trade turnover by 8.9% and the industrial output by 6.9%. In January-June construction volumes increased by 4.7%. Consumer price index grew by 2% and the agricultural output…
According to the information released by Statistics Estonia on August 7, the consumer price index (CPI) in July fell by 0.1% MoM, but increased by 2.1% YoY. Goods were 2% and services 2.2% more expensive in July. Regulated prices of goods and services fell by 1.1%, while non-regulated prices increased by 3%. Compared to July…
As of July 1 the tax liabilities amounted to 4,483.6 billion soms in Kyrgyzstan, the State Tax Service of the republic reported. The fiscal authorities have carried out work on the enforced collection of tax debts for six months. As a result, the budget received 2,549 billion soms that is 733.1 million soms, up by…
The self-employment program covered 6,000 families in Azerbaijan in 2018, which were provided with the assets to create small and medium-sized enterprises, Minister of Labor and Social Protection of Population Sahil Babayev said. Babayev made the remarks in Baku at the meeting related to the socio-economic sphere and chaired by President of Azerbaijan Ilham Aliyev.…
Since August 1, 2016 Ukraine has saved UAH 86 billion in public procurement due to the ProZorro system, the Ministry of Economic Development and Trade reports on Twitter. “Today, one of the best public procurement systems in the world is three years old! During this time, ProZorro saved UAH 86 billion in taxpayers’ money,” the…
Ukraine’s balance of payments showed a surplus of $744 million in January-June, up 2.4-fold YoY. The current account deficit over the period under review amounted to $221 million, according to the National Bank of Ukraine (NBU). The inflow to the financial account in H1 totaled $968 million. In June the surplus of the balance of…