The World Bank (WB) has increased its forecast for Kazakhstan’s GDP growth for 2017. According to the WB January 2017 Global Economic Prospects report, real GDP growth in Kazakhstan will amount to 2.2% in 2017. The WB also forecasts Kazakhstan’s GDP growth to recover to 3.7% in 2018 and to 4% in 2019. The forecast…
Real GDP growth of Uzbekistan will amount to 7.4% in 2017, according to the January 2017 Global Economic Prospects report of the World Bank (WB) published on its website. The WB expects that Uzbekistan will keep economic growth at 7.4% also in 2018 and in 2019 given stabilization of commodity prices. In June last year…
GDP growth rate in Turkmenistan will amount to 6.5% in 2017, according to the January 2017 Global Economic Prospects report of the World Bank (WB) published on its website. Turkmenistan will also increase the economy’s growth by 6.8% in 2018 and by 7% in 2019, according to the WB forecasts. GDP growth rate in Turkmenistan…
Industrial prices in Ukraine in 2016 increased by 35.7%, while in 2015 by 25.4%, in 2014 by 31.7%, the State Statistics Service has said. According to its data, in December last year the increase in industrial prices accelerated to 3.2% from 2.2% in November, mainly due to the higher cost of goods in such industries…
The deputies of the Parliament recognized unsatisfactory the work of the government on attraction and protection of investment, enterprise development, production and promotion of products on the foreign market. The decision was taken at a meeting of the parliamentary committee on economic and fiscal policy. Deputies noted that they succeeded in considering the issue only…
Instead of launching 42 standing idle factories, the Chinese businessmen want to build new in empty industrial zones. This was stated at a meeting of the parliamentary committee on economic and fiscal policy. Deputy Economy Minister Eldar Abakirov said that the Chinese businessmen were interested in 42 idle plants in Kyrgyzstan. In particular, they talked…
The Customs Code of the Eurasian Economic Union will increase the investment appeal and transit potential of Belarus, the review of Belarus’ foreign policy and the performance of the Ministry of Foreign Affairs in 2016 says. According to the review, a new revision of the Eurasian Economic Union’s Customs Code was put together in 2016.…