The national Tajik currency, the somoni, has lost 10.5% of its value against the dollar since the beginning of this year, according to the National Bank of Tajikistan (NBT). In January, the somoni reportedly lost 15.4% of its value against the dollar. In February, the situation improved to a certain extent and the somoni exchange…
The issue of privatization of United Grain Company in 2016 is not active, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared. According to him, it is a strategic state-owned company with a controlling block of shares by the government, so to date the issue is not under consideration, and it is untimely.…
Georgia and Turkey agreed to support extending the strategic partnership during the first meeting of the Strategic Cooperation Council between the two countries in Ankara, the Georgian government press office said. The one-day High Level Strategic Cooperation Council between Georgia and Turkey kicked off July 19 with participation of Georgian Prime Minister Giorgi Kvirikashvili and…
The absence of bids at a tender to sell Odessa Port-Side Chemical Plant (OPCP) does not mean that the plant will not be privatized, Ukrainian Prime Minister Volodymyr Groysman has said, adding that a new tender will be announced. “In the limited term no bids were submitted by potential buyers for this price. This does…
In Q2 2016 Belarusian state-run woodworking enterprises increased their output by 70% in comparison with Q1 2016. Chairman of the Board of the Development Bank of the Republic of Belarus (DBRB) Sergei Rumas made the statement after delivering his report to the head of state on July 18. He reminded that the Development Bank took…
Uzbekistan sold some 305 state assets valued at 116 billion soums and $1.1 million to private sector in the first half of 2016. The investors also undertook obligation to invest 267.5 billion and $150,000, as well as create over 5,600 new jobs, State Competition Committee said. During the reporting period, investment obligations on 42 agreements…
The number of business incubators will be doubled in Belarus by late 2020, Belarusian Deputy Economy Minister Irina Kostevich said. “We now intend to raise the number of business incubators two times by the end of the five-year term. Certainly, we are going to reach for small towns, for the countryside”, noted the Deputy Economy…