Georgia’s real GDP expanded by 2% in November 2016, after a 1.3% growth in October, according to the preliminary data released by the State Statistics Office. Economy grew by 2.4% in the first eleven months of 2016, according to Geostat’s preliminary data. The 2016 economic growth forecast was reduced from 3% to 2.7% as a…
As of December 1, 2016 Belarus’ external state debt totaled $13.5 billion, up by $1.071 billion or by 8.6% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry reportged. In January-November 2016 the external state borrowings totaled $1.76 billion, including $800 million borrowed from…
The Council of Ministers of Belarus issued resolution No. 1094 on December 28, 2016 to enact the medium-term financial program of the central state budget for 2017-2019, the press service of the Belarusian government reported. The document stipulates a number of key economic indicators as well as social and economic development targets for the next…
Kazakhstan ratified double taxation convention with Slovenia on December 30, 2016. President Nursultan Nazarbayev has signed the RoK Law “On ratification of the Convention between the Government of the Republic of Kazakhstan and Government of the Republic of Slovenia for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on…
President Nursultan Nazarbayev has commented on replacement of senior executives of ministries and state agencies and the principles of staff policy in the diplomatic service. “The ambassadors who have come to retirement age will be dismissed and replaced with new persons. Embassies should pay special attention to the staff issue. Kazakhstan should create trade representation…
Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva has declared the third tranche from selling her shares in ICU Holdings Limited (British Virgin Islands) in the unified register. According to a posting on the website of the central bank, the tranche totaled 52.572 million UAH. In addition, Gontareva declared 193,967 UAH as salary…
Kyivstar, the leading Ukrainian mobile operator, intends in early 2017 with the help of its subsidiary StarMoney LLC to launch the first set of financial services, in particular, public transfers and payments to third parties. The press service of the company said, bank issuing electronic money in the project would be state-controlled Ukrgasbank and Pravex-Bank…