Ukrainian President Petro Poroshenko says local budgets within the decentralization reform accounted for more than 50% of the country’s consolidated budget. “For the first time in the history of Ukraine, if we take transfers to local budgets, more than 50% of the consolidated budget is local budgets,” he said at a meeting on decentralization in…
Despite the absence of interventions, Kyrgyzstan’s gross international reserves are decreasing, the National Bank reported. Following the results of March, Kyrgyzstan’s reserves amounted to $2,118.65 billion. Over the month, they reduced by $3.61 million. But since the beginning of the year the figure has increased by $32.19 million. The National Bank uses international reserves to…
The Office of Reforms at the Cabinet of Ministers of Ukraine together with the Finance Ministry, the Economic Development and Trade Ministry and the State Property Fund drafted a large-scale privatization plan that would be submitted to the government for consideration in the near future. The project was agreed on at the second meeting of…
The European Bank for Reconstruction and Development (EBRD) plans in 2018 to sign about 30 agreements of cooperation with Ukrainian companies, including three or four in the field of transport and logistics, EBRD Director for Ukraine Sevki Acuner said during a press conference on signing the agreement between the EBRD and Ukrainian private postal delivery…
Wage arrears in Ukraine amounted to UAH 2.456 billion as of March 1, down by UAH 79.4 million compared to February 1, according to the State Statistics Service of Ukraine. More than a third of this sum are wage arrears in Donetsk and Luhansk regions – UAH 487 million and UAH 511 million respectively. Among…
According to information released by Statistics Estonia on March 29, the turnover of retail trade enterprises in February increased by 3% YoY at constant prices. In February the turnover of retail trade enterprises totaled EUR 495.9 million. The turnover of stores selling manufactured goods increased by 7% compared to February 2017. Turnover increased in five…
After a nearly seven-hour session, Riga City Council approved amendments to its budget plan that increased the city’s expenditures by EUR 42.38 million and the expected deficit to EUR 89.31 million. The opposition voted against changes. The largest increase of expenditures – EUR 36.28 million – came from the plan to realize last year’s unfinished…