Further actions to reduce the refinancing rate in Belarus will be closely intertwined with the country’s balance of payments, the Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur reported. “As far as further steps are concerned, there is no doubt we are going to act in a…
Ukraine’s GDP growth in 2017 is expected to be 2.9% with inflation of 9% (December on December), according to a consensus forecast published by the Ukrainian Economic Development and Trade Ministry. Experts anticipate that this year the country’s GDP will grow by 1% with 13.1% inflation. The ministry said four months ago the economy restoration…
Businessmen from Russia, China, and the European Union will take part in the international investment forum Grodno region at the Crossing of Borders that will take place on September 23, the economy committee of the Grodno Regional Executive Committee reported. The investment forum will be held as part of the Euroregion Neman expo and fair.…
Belarusian producer prices in July increased by 0.5% MoM (up by 7.3% compared to the level of December 2015), the National Statistical Committee (Belstat) reported. Construction prices grew by 1.7% MoM in July (up by 1.2% compared to the level of December 2015). Freight tariffs (all means of transportation) decreased by 0.2% MoM in July…
First auctions within the framework of the new state property privatization program in Azerbaijan will be held on September 14 and September 20, the country’s State Property Issues Committee said. “The main innovation is that potential investors, representatives of the press and the public will be able to watch the auction live”, said the message.…
Armenia’s economic activity index decreased by 4.7% YoY in July. This is a record figure. A decline in the country’s economic activity has not been observed yet in 2016. Just two weeks ago, Armenia’s Prime Minister Hovik Abrahamyan summed up the figures for the H1 at a cabinet meeting and was satisfied with the 4%…
Ashgabat hosted a meeting to discuss the concept of Turkmenistan’s chairmanship at the International Fund for saving the Aral Sea (IFAS), the Turkmen government said in a message. Turkmenistan’s activity will focus on the fight against the consequences of the Aral crisis and preventing the degradation of ecosystems in the Aral Sea region, conservation of…