Over the past three years, the European Bank for Reconstruction and Development (EBRD) has invested about $300 million into Kyrgyzstan, EBRD Regional Director for Central Asia Neil McCain said at a meeting with Prime Minister of the Kyrgyz Republic Sooronbay Jeenbekov. The bank finances projects in the field of improving the municipal infrastructure, such as…
Ukraine’s Ministry of Economic Development and Trade registered two industrial parks: Novodnistrovsk (Novodnistrovsk, Chernivtsi region) and FastIndustry (Fastiv, Kyiv region), the ministry’s press service has said. The industrial parks became the 16th and 17th in the register of industrial parks. According to the report, the functional purpose of Novodnistrovsk Park with an area of 15.36…
The economic growth of Estonia in 2017 will be slower than previously expected, Swedbank economists have announced lowering their previous economic forecast for the Baltic country by 0.2% to 2.2%. The economists have at the same time raised their forecast for gross domestic product increase in 2018 by 0.3% to 2.8%. They expect that household…
The introduction by Belarus of visa-free entry for a period of up to five days for citizens of 80 countries arriving through the Minsk National Airport does not pose any risks to the republic and neighboring countries, Belarusian President Alexander Lukashenko said. “The document was drafted for 1.5 years and was thoroughly verified by all…
The State Tax Committee of the Republic of Uzbekistan held an expanded meeting devoted to 2016 results, available shortcomings, as well as objectives for 2017. The participants of the meeting discussed the essence and content of the report of the President of the Republic of Uzbekistan Shavkat Mirziyoyev at an enlarged meeting of the Cabinet…
“Best Exporter” national competition will be held in Kyrgyzstan in 2017, Information Support Department of the government’s executive office reported. The decision to hold the competition was signed by the Prime Minister Sooronbay Jeenbekov. Competition is aimed at increasing export potential of the country, development of the industrial, tourism and agricultural complexes, stimulation of the…
Due to changes in calculating land tax mechanism, its rate in Kyrgyzstan can grow 100 times, Chairperson of the Association of Suppliers and Distributors Gulnara Uskenbaeva reported. In the new edition of the Tax Code, which is currently being discussed by the business community, the land tax rate, depending on the area and type of…