It is not always possible to manage the economy using old methods. Prime Minister of Belarus Sergei Rumas made the statement as he introduced Economy Minister Dmitry Krutoi to the Economy Ministry personnel. Sergei Rumas told Dmitry Krutoi: “I look forward to new ideas from you and your team because all of us understand that…
Azerbaijan’s GDP volume reached almost 43.48 billion manats in January-July, up by 0.2% YoY, according to a report of the State Statistics Committee. The volume of GDP per capita stood at 4,436.3 manats. In January-July the volume of GDP produced in the non-oil sector of Azerbaijan increased by 0.9%, while in the oil and gas…
President of Ukraine Petro Poroshenko held a meeting with Minister of Environmental Protection, Jerusalem Affairs and Heritage Minister of Israel Ze’ev Elkin. “The interlocutors discussed an intensive trade and economic cooperation between the two countries and noted significant prospects for its further development. In this regard, they agreed on the need for the earliest possible…
According to information released by Statistics Estonia on August 9, in June the exports of goods increased by 17% and imports by 18% YoY. The growth in trade was affected the most by increased trade in mineral products. In the first half of 2018 the exports of goods increased by 10% and imports by 8%.…
Belarus’ target economic development scenario suggests that GDP growth will be 4.1% in 2019. This is envisaged by the draft projections of the social and economic development of Belarus in 2019, Deputy Economy Minister Alexander Chervyakov said at an expanded-participation session of the Economy, Budget, and Finance Commission of the Council of the Republic of…
Georgia’s monthly inflation rate amounted to -0.3% in July, while annual inflation from July 2017 to July 2018 amounted to 2.8%, reports the National Statistics Office of Georgia (Geostat). Last month prices of food and non-alcoholic beverages decreased by 1.1%. Prices decreased for: fruit and grapes (-12.6%) and vegetables (-10.7%). In the meantime, the prices…
Estonia needs several times more foreign workers than are currently entering the country, Toomas Luman, president of the Estonian Chamber of Commerce and Industry and chairman of the supervisory board of listed construction company Nordecon, declared. “Currently we have problems with unregistered Ukrainian construction workers on construction sites,” Luman said. “We predicted a long time…