Germany will give Ukraine EUR 72 million in new aid for sustainable economic development, regional development, energy efficiency and internally displaced persons, Ukraine’s Deputy Economic Development and Trade Minister Maksym Nefyodov has said. Nefyodov signed relevant documents in Berlin on the results of two-day talks with the Economic Cooperation and Development Ministry of Germany. The…
The European Union (EU) is preparing a new program aimed at supporting small and medium-sized enterprises (SMEs) in Belarus and the vocational training system. Head of the European Union Delegation to Belarus Andrea Wiktorin made a statement to this effect in a speech at the Kastrycnicky Economic Forum (KEF-2016). Referring to SMEs as the backbone…
In October Belarus’ gold and foreign exchange reserves rose by $62.1 million if calculated in accordance with methods of the International Monetary Fund. According to preliminary data, the reserves totaled $4,817.1 million as of November 1, the Information and PR Department of the National Bank of the Republic of Belarus reported. In national terms the…
As many as 323 partially or fully state-owned agribusiness companies in Belarus are subject to pre-trial financial readjustment, while another 102 farms face bankruptcy, in accordance with the government’s resolution No. 889 dated October 31. As previously reported, Belarus authorities gave the green light to selling or leasing insolvent state-owned farms and agricultural companies. Belarus’…
For two month owners of vehicles registered abroad can pay 30% of the car excise duty when clearing customs. Besides, the registration of vehicles older than 10 years will be allowed in Moldova. This is provided for by the amendments approved by the Cabinet of Ministers. In particular, residents of Moldova who imported cars registered…
The European Bank for Reconstruction and Development (EBRD) expects the Ukrainian economy to grow in the current year by 1.5% and the growth will accelerate to 2% next year. According to the bank’s updated forecast, compared to May this year the forecast for 2016 was downgraded by 0.5%, while for 2017 it was retained unchanged.…
An expanded format meeting of the Shanghai Cooperation Organization (SCO) Council of Heads of Government took place in Kyrgyzstan’s capital, Bishkek. The meeting was attended by Kyrgyzstan’s Acting Prime Minister Sooronbay Jeenbekov, Russian Prime Minister Dmitry Medvedev, Kazakh Prime Minister Bakytzhan Sagintayev, Tajik Prime Minister Qohir Rasulzoda, Uzbekistan’s First Deputy Prime Minister Rustam Azimov. Representatives…