President of Turkmenistan Gurbanguly Berdimuhamedov has given instructions at a meeting of the Cabinet of Ministers to ensure the stability of the financial system, investment activity in the country, as well as the stability and purchasing power of the national currency – the Turkmen manat. “Export volumes and reserve monetary funds should be increased,” the…
During the Cabinet meeting on April 5, the Estonian government endorsed changes to the State Budget Act, according to which drawing up budgets with a temporary structural deficit of 0.5% of GDP annually would be allowed in the future. According to the new rules, the structural balance of the state budget would be tracked as…
The Food and Agriculture Organization of the United Nations (FAO) has decided to update its list of potential local and regional suppliers of agricultural goods and equipment. According to a press release of FAO, it is planned to create the register of suppliers of certified seeds, including potatoes, other vegetable, garlic, grama grasses, materials for…
Revenue of Ukraine’s national budget in January-March reached UAH 174.74 billion. This is 10.6% or UAH 16.7 billion more than the target, Ukraine’s State Treasury Service has reported. Revenue grew by UAH 45.58 billion or by 35.3% YoY. In March alone the budget saw UAH 62.69 billion of revenue. This is 13.3% or UAH 7.37…
Germany’s KfW bank will provide UAH 300 million to Ukraine to support financing of small and medium-sized enterprises (SME). According to a press release of the German-Ukrainian fund (GUF), the agreement was signed by the National Bank of Ukraine (NBU), Finance Ministry of Ukraine and KfW in Kyiv on April 4. Deputy Head of GUF…
The World Bank has maintained a moderate forecast for the growth of Ukraine’s gross domestic product (GDP) in 2017 at a rate of 2%, World Bank Director for Ukraine, Belarus and Moldova Satu Kahkonen has said at a briefing in Kyiv. “If the reforms are accelerated in the next two years, the growth will be…
Kyrgyzstan needs a fair distribution of income and a sharp increase in GDP in order to improve its position on the world stage, the President Almazbek Atambayev announced at the meeting of the National Council for Sustainable Development on April 3. According to him, the state pays a lot of attention to the country’s food…