Turkmenistan: GDP up in 2016

GDP growth rate in Turkmenistan amounted to 6.2% in 2016, the country’s Ministry of Economy and Development said. The growth rate has increased by 1.1% in the industrial sector, by 4.3% – in construction, by 10.7% – in transportation and communication sector, by 14.1% in trade, by 9.9% in agriculture and by 10.4% in the…

Belarus: inflation at 0.9% in January 2017

In January the index of consumer prices for goods and services totaled 100.9% as against December 2016, the National Statistics Committee of Belarus reported. In January the basic index of consumer prices that disregards changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.7% as against December 2016. Food…

Tajikistan to increase gold-and-currency reserves

Tajikistan intends to increase its gold-and-currency reserves, according to the National Bank of Tajikistan (NBT). The country’s gold-and-currency reserves rose by 37% YoY by December 31, 2016, reaching $681.98 million, which was an equivalent of about 2.7 months of imports. Last year, Tajikistan’s average monthly imports amounted to $252 million. As of January 1, 2016…