The draft law “On industrial safety of hazardous production facilities” has been adopted in Turkmenistan at a regular meeting of the country’s parliament of the fifth convocation, the Turkmen government said in a message. The document defines the legal, economic and social framework for ensuring safe operation of hazardous production facilities. In particular, the law…
Ukraine’s Finance Ministry is finishing talks with the International Monetary Fund (IMF) regarding the next credit tranche, Finance Minister Oleksandr Danyliuk said. “We are at the final stages. Technical moments for receiving the next tranche are being discussed,” he said. The minister said that the negotiations with the IMF on the tranche could be finished…
Ukraine’s GDP growth in 2016 was around 2%, the Economic Development and Trade Ministry reported. “The Ukrainian economy in 2016 showed signs of gradual overcoming negative consequences of long crisis, strengthening of macroeconomic stability and restoring economic growth,” the ministry said. Consolidated Production Index last year grew by 4.1% after a decline by 6.1% in…
In a report released at a news conference in Dushanbe, Zafar Azimi, the deputy head of the Accounts Chamber of Tajikistan, revealed that financial harm cost the country some 224 million somoni (equivalent to some $30 million) in 2016. “530 inspections conducted by the Accounts Chamber auditors last year revealed some 224 million somoni worth…
President Shavkat Mirziyoyev signed the Resolution “On Additional Measures for Improvement of Wage, Pensions, Welfare Benefits and Stipend Payment Mechanisms.” The resolution outlines unprecedented steps to secure the rights and interests of pensioners, students and other socially vulnerable groups, who will now have fewer hurdles in paying for goods and services across Uzbekistan. The resolution…
Loan rates for farmers will be reduced in Kyrgyzstan in 2017, the head of the Kyrgyz government Sooronbay Jeenbekov announced. Loans for the treatment and processing of agricultural products, export-oriented agricultural production will be issued at 6% per annum for three years. Compared to 2016, the rate has been reduced by 4%. It stipulates for…
According to the Ministry of economy of Uzbekistan, cotton fiber processing volume reached 40% in 2016, while in 1991 it was 7% only. Today the industry exports textile products to more than 50 countries. In recent years the export has been expanded to Brazil, Chile, Croatia, Nigeria and other countries. The Presidential Decree dated December…