Belarus’ GDP is projected to increase by 1-1.1% in H1 2017, Economy Minister Vladimir Zinovsky reported. “The statistics are not available yet but we know the figures for some sectors. The manufacturing industry has fared well. Due to the bad weather we have not been able to crop the first harvest of forage crops as…
The prices of consumer goods and tariffs for services decreased by 1% in Azerbaijan in June compared to May, the country’s State Statistics Committee said. The prices of foodstuffs decreased by 2.5% during the reporting period, while the prices of non-food items and paid services increased by 0.1%. The prices of consumer goods and tariffs…
The Ministry of Economy proposes to raise the excise tax on all alcohol in Kyrgyzstan by 10 soms. The ministry submitted the draft government resolution for discussion. The background statement to the document says that excise tax rates for wine stock, wine, cognac and sparkling wine remained unchanged since March 2013, beer – since June…
Central Asian states, Uzbekistan and Turkmenistan, which traditionally enjoy fruitful and successful cooperation, voiced commitment to deepen the ties. Uzbekistan’s President Shavkat Mirziyoyev and Deputy Chairman of the Cabinet of Ministers, Foreign Minister of Turkmenistan Rashid Meredov discussed the expansion of practical Uzbek-Turkmen cooperation. The sides discussed the expansion of cooperation between the countries, as…
Planning for faster increase of excise tax rate on fuel, cigarettes and alcohol, the Latvian Cabinet of Ministers has backed amendments to the law On Excise Tax. The amendments set forth raising from 2018 the excise tax rate on unleaded petrol by 7.8%, on leaded petrol by 24%, on diesel by 11% and on liquified…
In January-May Belarus’ export of goods and services went up by 20.6% YoY, to $13.553 billion, according to the website of the National Bank of the Republic of Belarus. In January-May Belarus’ foreign trade in goods and services amounted to $26.841 billion (up by 18.1% YoY). Export of goods and services totaled $13.553 billion (up…
Foreign investment in Kyrgyzstan fell by a half from $1,573.2 billion in 2015 to $814,000 in 2016, the National Statistics Committee reported. Manufacturing industries accounted for a third of direct investments. Also, a significant share of investments is taken by geological exploration (20.3%), financial intermediation and insurance (22%). There was less direct foreign investment from…