Among food delivery services operating in Estonia, two of the biggest competitors are the Finnish Wolt, which has operated on the Estonian market for years, and the Estonian Bolt, which entered the food delivery market last year, and while the newcomer sees no issue with the competition, leaked internal correspondence shows that Wolt is struggling…
Only 12.8 million Ukrainians of 28.5 million working-age citizens are legally employed in Ukraine, while the rest have either found jobs beyond Ukraine’s borders or have no contractual ties with their employers at home, says economy minister Tymofiy Mylovanov. Informal employment, Mylovanov says, means that most Ukrainians are not protected by labor legislation. “The amendments…
Zhambyl region’s business persons actively participate in Economy of simple things program. According to the press service of the region’s governor, Zhambyl region takes the second place in the republic in the implementation of the program Economy of simple things. As of today 53 projects of the region have gained financial support. According to the…
Armenia will have at least a 7.5% economic growth based on the annual results of 2019, Minister of Economy Tigran Khachatryan has declared. “We have started a very good year as it is built on the good base of 2019. Based on the results of the 11 months of the past year we have a…
The previous year was profitable for the State Treasury as the state budget revenues grew by 15.5%. Over eleven months of 2019, the state budget’s revenues have equaled KZT11.5 trillion, up by 15.5% YoY (KZT10 trillion). In turn, the amount of revenues amounted to KZT8.5 trillion excluding transfers. Thus, over the year it has grown…
The maximum permissible number of foreign workforce allowed for attraction by Kazakhstan in 2020 is 29,292 or 0.32% against the total number of workforce. As the Ministry of Labor and Social Protection informed, the quota was cut by 40% compared to 2019 (48,700). Aktobe, West Kazakhstan, Kyzylorda and North Kazakhstan regions fully abandoned the attraction…
In 2019 the gross international reserves of Kyrgyzstan grew by $55.54 million, the National Bank reported. Based on the results of 2019, the gross international reserves of Kyrgyzstan reached $2,424.11 billion. This is the highest figure since 2002, when the National Bank first began to publish data on the level of the reserves. Over the…