The World Bank has in a fresh report forecast a 3.7% GDP growth for Armenia in 2017, 3.8% in 2018 and 4.0% in 2019. Under these circumstances, the poverty rate would decline further to 11% in 2019. In the current year, inflation is set to stand at 1% Growth and poverty reduction prospects over the…
Ashgabat city hosted a working interdepartmental meeting timed to the International Day for the Preservation of the Ozone Layer and the 30th anniversary of the Montreal Protocol on Substances that Deplete the Ozone Layer. The event was organized by the Ozone Center under the State Committee for Environmental Protection and Land Resources of Turkmenistan. Over…
The 2018 state budget bill passed the first reading in the Riigikogu despite sharp criticism by the opposition. The deadline for amendment proposals was set for November 1. “This budget supports the growth of our economy, security, and the well-being of our families in such a way that it is close to balanced, the tax…
Ukrainian Prime Minister Volodymyr Groysman believes that Ukraine and the Republic of Malta should strengthen economic cooperation. He said this during a meeting with President of the Republic of Malta Marie-Louise Coleiro Preca in Kyiv, the governmental portal reported. “We welcome the readiness of our chambers of commerce and industry to establish a bilateral permanent…
The Minister of National Economy of Kazakhstan, Timur Suleimenov, reported on October 17 on the economic situation in the country. “Since the start of the year, the economic activity has improved. The GDP growth for 9 months of this year has amounted to 4.3%,” he said, making a speech at the government meeting. According to…
The local budget revenues grew by UAH 31.1 billion (30%) in the nine months of 2017, Ukrainian Prime Minister Volodymyr Groysman posted on Facebook. “The local budget revenues grew by UAH 31.1 billion, and the revenues of budgets of the united territorial communities grew by 82.7% and totaled UAH 6.3 billion in the nine months…
In January-August Belarus’ export of merchandise and services rose by 19.2% YoY, to $22.907 billion, the latest statistics released by the National Bank of the Republic of Belarus (NBRB) shows. Belarus’ foreign trade in merchandise and services totaled $45.338 billion, up by 18.6%. Export amounted to $22.907 billion, up by 19.2%; import rose by 18%,…