Ukraine: economy starting to recover

Ukraine’s economy is starting to recover, while the government is paying every effort to maintain and accelerate that growth as well as reinvest it into the quality of people’s lives. This was stated by Prime Minister of Ukraine Volodymyr Groysman. The Prime Minister noted that recently the International rating Agency Fitch had upgraded long-term Issuer…

Belarus: GDP down in January-October 2016

Belarus’ gross domestic product (GDP) reduced by 2.8% YoY in January-October to 78.097 billion Belarusian rubles ($39.87 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee reported. Industrial output in January-October fell by 1.5% YoY to Br64.93 billion ($33.15 billion). Farm output grew b 3.8% YoY to Br13.547 billion ($6.92…

Belarus and Germany discuss investment cooperation

Belarusian Minister of Foreign Affairs Vladimir Makei met with Michael Harms, Executive Director of Germany’s Committee on Eastern European Economic Relations, to discuss ways to step up the cooperation between the two countries, the press service of the Belarusian Ministry of Foreign Affairs reported. “The parties discussed prospects for bolstering the trade and investment cooperation…

Belarus: producer prices up in October 2016

Belarusian producer prices in October increased by 0.3% MoM (up by 8.1% compared to the level of December 2015), the National Statistical Committee (Belstat) reported. Construction prices grew by 0.5% MoM (up by 3.4% compared to the level of December 2015). Freight tariffs (all means of transportation) reduced by 0.5% MoM but increased by 4.5%…

Turkmenistan: cotton harvest to be sped up

President of Turkmenistan Gurbanguly Berdimuhamedov urged to complete the cotton harvest in the country, the Turkmen government said in a message. In this regard, the Turkmen president instructed to keep the course of agricultural work under constant control in order to speed up the harvesting of the remaining part of raw cotton, as well as…