The Ukrainian Finance Ministry will start internal reform with support of PricewaterhouseCoopers (PwC). The reform aims at improving business processes in the ministry. “The project will be fully financed by international donors and it does not require budget funds spending”, the ministry said after a meeting of Ukrainian Finance Minister Oleksandr Danyliuk, his deputy Yevhen…
Azerbaijan’s Cabinet of Ministers has approved the “Rules of exempting trucks, trailers and semi-trailers of foreign states from road tax and state fee”. The rules became valid on June 1, and will be in effect for three years. The rules apply to foreign vehicles carrying freight to Iran and Turkey as well as from Iran…
Azerbaijan and Afghanistan discussed the creation of joint enterprises to produce food products, said Azerbaijan’s Economy Ministry. The discussions were held within the meeting of Azerbaijan’s Economy Minister Shahin Mustafayev with Afghanistan’s Ambassador to Azerbaijan Mohammad Taqi Khalili. The economic cooperation between the two countries and other issues of mutual interest were also discussed during…
Gross domestic product (GDP) of Uzbekistan grew by 7.8% in January-June, the session of the Cabinet of Ministers said on July 15. Industrial production in Uzbekistan rose by 6.7% in the first half of 2016, agriculture output by 6.8%, services by 12.9% and construction works by 17.5%. State budget was executed with 0.1% surplus to…
Tajikistan’s investment portfolio now includes 70 projects totaling 22.3 billion somoni (equivalent to $2.84 billion), according to the State Committee on Investments and State-owned Property Management (GosKomInvest). Tajikistan’s investment portfolio, in particular, includes 31 grant-based projects, 18 loan-based projects and 21 mixed-finance projects. Total volume of grant financing has reportedly amounted to 9.8 billion somoni…
Revenues of Kazakhstan’s trade companies from main activity increased up to 2.8 trillion Kazakh tenges in Q1 2016, as compared to 2.1 trillion tenges in the same period of 2015. Tenge’s devaluation gave a certain support to this process. Revenues of Kazakhstan’s small enterprises from main activity increased by 824 billion tenges in Q1 YoY,…
The Institute of Economics and Demography at the Academy of Sciences of Tajikistan predicts that external factors will impact Tajikistan’s economy until 2019. “According to forecasts of the Academy of Sciences of Tajikistan, the external factors will continue to affect the country’s economy in 2018-2019”, Lutfullo Saidmurodov, Director of the Institute of Economics and Demography,…