The International Monetary Fund (IMF) is waiting for decisive steps particularly need to be taken to fight corruption from the Ukrainian authorities, including prosecuting and convicting corrupt high-level officials, the mission of the IMF said after visiting Kyiv on November 3-17. “While there has been progress in setting up new institutions, including the National Anti-Corruption…
President of Ukraine Petro Poroshenko has signed the law on exempting charitable activity carried out by religious organizations from taxes. The press service of the Cabinet of Ministers noted Poroshenko signed amendments to the Tax Code of Ukraine concerning exemption from taxes of non-profit (charitable) activities, including humanitarian aid, charity, philanthropy, etc., activities carried out…
The European Bank for Reconstruction and Development (EBRD) is providing a loan for water upgrade in yet another Kyrgyz city, Kyzyl-Kiya under its framework to support water and wastewater modernization in the Kyrgyzstan, the bank reported. The investment will be co-financed by the European Union’s Investment Facility for Central Asia (IFCA), which also has a…
Vodafone Ukraine mobile operator (PrJSC MTS Ukraine) in July-September saw its revenues rise by 11.2% YoY, to 2.86 billion UAH. According to the operator, the number of Vodafone Ukraine subscribers as of the end of September reached 20.8 million people. Growth YoY was 2.7%, or 500,000 users. “The main growth factors were universal Voice &…
Ukraine`s GDP grew by 1.8% YoY in the third quarter of 2016, which was a sign of economic recovery in the country. Ukrainian Vice Prime Minister – Economic Development and Trade Minister Stepan Kubiv stated this at a meeting dedicated to the Strategy for Small and Medium Enterprises Development till 2020. “Yesterday Prime Minister Volodymyr…
Asian markets were hit by fresh volatility on November 17, as uncertainty permeates trading floors after Donald Trump’s shock election win, while the dollar pushed back up on expectations of a US interest rate hike. Investors have been struggling to ascertain the outlook for the global economy under a Trump presidency after his bellicose rhetoric…
Turkmenistan and South Korea discussed the issues of cooperation in Seoul, the Turkmen Foreign Ministry reported. The discussion in a multilateral format was held during the ninth “Republic of Korea-Central Asia” cooperation forum, held at the level of deputy foreign ministers from the Central Asian countries and South Korea. The Turkmen delegation, along with other…