The National Bank of Ukraine (NBU) due to the blockade of trade with the certain areas of Donetsk and Luhansk regions and the improvement of situation on foreign markets has revised macro indicators for 2017 and 2018, in particular, worsening the forecast for the growth of the country’s gross domestic product (GDP) for 2017 from…
Tajikistan has expressed gratitude to Uzbekistan for humanitarian aid sent to disaster-affected people. According to the Uzbek MFA’s official website, the Uzbek Embassy in Dushanbe has received the letter of thanks from the Committee on Emergency Situations and Civil Defense under the government of Tajikistan for humanitarian aid sent by the Uzbek authorities to Tajikistan…
President of Ukraine Petro Poroshenko says he expects that the average inflation in 2017 will not fall below a 10% mark. “Inflation, the burden of high prices is what people care about the most. I hope that this year it will be measured by a simple number below ten. Our joint task until 2019 –…
The State Competition Committee received the World Bank mission in Uzbekistan to discuss small business support through the Small Business Development Guarantee Fund. Held under the World Bank’s Modern Economy-backed Job Expansion and Skill Development Project, the meeting reviewed small businesses’ efficiency and praised the setting up of the Guarantee Fund. Specialists said they were…
Labor minister A. Abduhakimov received the World Bank mission, led by Afrah al-Ahmadi, senior specialist on private sector Christopher David Miller, senior economists of the World Bank Mohamed Ihsan Ajwad and Oleksiy Sluchinskiy. The purpose of the meeting was extensive consultation on the concept, scope and content of the components of the project initiated by…
The Ministry of economy of the Republic of Uzbekistan held a meeting with the President of the European Bank for reconstruction and development Suma Chakrabarti. EBRD delegation was informed in detail about the achievements of the socio-economic development of the country in recent years, in particular about large-scale economic reforms aimed at further structural transformation…
The international ratings agency Fitch Ratings expects that the Azerbaijani economy will grow by 0.2% in 2017, says the agency’s report on Azerbaijan that was made public at the sixth annual meeting in Baku on March 16. It should be noted that the country’s GDP decreased by 3.8% in 2016. Meanwhile, experts forecast the resumption…