Azerbaijan’s GDP amounted to 49.2 billion manats in January-October, down by 3.7% YoY, the country’s finance minister Samir Sharifov said. He made the remarks during a discussion on the draft state budget and the concept of social and economic development for 2017 and the next three years. The discussions on the draft state budget at…
In a statement delivered at the Water Summit 2016 in Budapest, Tajik President Emomali Rahmon noted that the government of Tajikistan was continuously focused on the issues of effective use of water resources, water loss reduction, water quality improvement and reduction of water resources pollution. “To that end, the Water Sector Reform Program (2016-2025) approved…
In 2015 Belarus’ state budget received the equivalent of $495 million thanks to the redistribution of import customs duties, Alexander Kurlypo, Head of the Central Office for Budget and Finance Control of the State Control Committee of Belarus, reported. The official underlined that as the agency in charge of distributing import customs duties as well…
In the course of the regular auction held by Azerbaijan’s State Committee on Property Issues on November 29, 19 state property units have been sold as part of a new privatization program. Three small state property units and one unused non-residential area of the privatized objects are located in Baku, one facility is located in…
Uzbekistan plans to start a large-scale liberalization of its exchange rate policy in 2017 in accordance with the draft decree of the Uzbek president. The draft decree was developed by the Central Bank and was promulgated for discussion on the Uzbek single portal of interactive state services. One of the main lines of the new…
The division of the State Fiscal Service fighting capital outflow via transfer pricing should be expanded and reinforced, Finance Minister Oleksandr Danyliuk has said. “This is one of the spheres where the State Fiscal Service should work more. Instead of developing this sphere they reduced the transfer pricing division. I want the division expanded and…
Industrial recession in Belarus is over, Vice Prime Minister Vladimir Semashko said. “I am happy that we have survived through the crisis. I can see that the recession is over. Today the Industry Ministry is posting a 3% growth. We plan to reach the growth of 11.3% next year”, Vladimir Semashko noted. “The machine-building industry…