Chairman of the National Bank of the Republic of Kazakhstan Daniyar Akishev has met with the American Chamber of Commerce. At the meeting Akishev noted that the National Bank as the central bank of the country closely monitored trends in and outside the country and assumed measures taking into account global trends and challenges. “Kazakhstan…
Ukraine’s Cabinet of Ministers has proposed retaining expense expenditures for 2018 at 5% of GDP, according to the draft bill “Budget policy basics for 2018-2020 (Budget Resolution).” “The priority is supporting defense and security: expenditures for this sphere for 2018 will be at 5% of GDP,” Finance Minister Oleksandr Danyliuk said, presenting the resolution. “Within…
The Ukrainian Institute for the Future at the request of the Ministry of Economic Development and Trade of Ukraine has prepared proposals for the priority action plan for industrial development in Ukraine based on the analysis of the state of the six key industries (mining, metallurgical, chemical and petrochemical, food industry, electric power engineering, machine…
The law on the electricity market came into force on June 11 after its official publication in the Uriadovy Kurier newspaper. As reported, Ukrainian president Petro Poroshenko signed the law on the electricity market on June 8. Rada adopted draft law No. 4493 on the electricity market of Ukraine at first reading on September 22,…
Average wages in Ukraine are expected to increase by 38%, to UAH 7,100, by the beginning of 2018, the press service of the Social Policy Ministry of Ukraine has reported. “The wage reform also provides for the revision of wage setting with a view to gradually raising real wages and eliminating wage arrears,” Minister of…
Mogilev region and France are expected to make a focus on the development of economic and interregional cooperation. The intention was voiced at the meeting between France’s Ambassador to Belarus Didier Canesse and Mogilev region governor Vladimir Domanevsky. According to the diplomat, it is his first visit to Mogilev region to get familiar with the…
Core inflation in Ukraine in May accelerated to 6.5% in annual terms – compared to May 2016 – against 6.3% in April from April 2016, according to Ukrainian State Statistics Service’s website. In May core inflation slowed to 0.3% compared to April against 0.6% in April from March, the State Statistics Service said. At the…