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…
According to preliminary data of Kyrgyzhydromet, the inflow in 2017 will amount to 124%. In July-August, the volume of Toktogul reservoir will reach the design mark of 19.5 billion cubic meters. According to Electric Stations JSC, it is planned to export electricity. During the heating period of 2017-2018, the Bishkek Heating and Power Plant will…
Kazakh National Wealth Fund Samruk-Kazyna plans to invest 121 billion tenges in the development of growing companies in 2017 to catalyze new industries and contribute to modernization of the economy. It is envisaged by the fund’s Development Plan for 2017-2021 approved by the Board of Directors of Samruk-Kazyna, the fund said in a message on…
The Cabinet approved the program for the development of the food and processing industry in Kyrgyzstan for 2017-2021. The relevant government decree was signed by the Prime Minister of Kyrgyzstan Sooronbay Jeenbekov. The decision was taken in pursuance of the National Strategy for Sustainable Development of the country for 2013-2017, as well as for the…