According to the preliminary data, Belarus’ gold and foreign currency reserves totaled $6,561 million as of July 1, if calculated in accordance with methods of the International Monetary Fund, the Information and PR Department of the National Bank of the Republic of Belarus reported. In June the country’s gold and foreign currency reserves went up…
Due to the constant delay in the adoption of important bills that are key to the International Monetary Fund (IMF) in deciding on the allocation of the next tranche, one of these tranches could be disbursed next year, Acting NBU Head Yakiv Smoliy said. “Due to the delayed consideration of important bills that were key…
With increased investments, Latvian farmers have managed to increase efficiency in the industry, a bank survey showed. According to the results of a survey performed by Swedbank, in 2017 farmers plan to invest money in grain dryers and towers, in updating machinery and buying agricultural land. “It is positive that farmers recognize that new technological…
The Bellegrom Concern companies have signed some contracts worth a total of $112 million with their Russian partners during the fourth Forum of Regions of Belarus and Russia, according to Bellegprom’s official website. The forum comprised a fair that featured the products of 15 Bellegprom companies, namely Baranovichi Cotton Production Amalgamation, Lenta, Rechitsa Textile, Nadex,…
High growth rates in the economy will be preserved in Kyrgyzstan at the expense of good external conditions. The monthly macroeconomic review published by the Eurasian Development Bank (EDB) contains such conclusions. It is noted that in January-May GDP growth slowed to 6.8%. In May there was also a decline in output in a number…
Arricano Real Estate Plc (Cyprus), a managing company and developer of several shopping centers in Ukraine, is ready to buy one of the largest shopping centers in Kyiv – Sky Mall – from bank Pivdennyi (Odessa). The mall was transferred to ownership of the financial institution to pay a debt. The press service of Arricano…
No plans have been made to introduce new taxes in Belarus in 2018, Belarusian Tax and Duties Minister Sergei Nalivaiko declared. According to the source, the Belarusian Tax and Duties Ministry abides by the effective moratorium on new taxes and on raising tax rates. There are no plans to introduce new taxes in 2018. Tax…