Chinese business delegation comprised of representatives of several major corporations visited Uzbekistan. They attended a business forum with participation of business circles of the two countries. The State Committee of Republic Uzbekistan for investments organised the event. Welcoming the participants, Deputy Prime Minister Ulugbek Rozukulov noted that the two countries had established a strategic partnership…
International reserves of Kyrgyzstan reduced by $20 million in March, the National Bank of Kyrgyzstan reported. As of the end of March, gross reserves amounted to $1,971.4 billion. In February the figure was slightly higher – $1,991.49 billion. At the same time, compared to December 2016, the country’s reserves grew by $2.27 million. In March…
Due to an increase in minimum wage to UAH 3,200, revenues to the national budget from military tax collection in January-March grew by 30%, the State Fiscal Service of Ukraine reported. “In January-March revenues to the state budget under the budget classification code 11011000 (military tax collection) amounted to UAH 3 billion 146.8 million, which…
Based on current data, Tajikistan’s gross domestic product (GDP) for the first three months of this year was some 10.5 billion somoni (equivalent to little more than $1.2 billion), up by 6.5% YoY in comparable prices, according to the Agency for Statistics under the President of Tajikistan. In January-March GDP structure by sources of income…
According to initial estimates, in January-March Belarus’ gross domestic product totaled Br22.4 billion or 100.3% in comparable prices as against Q1 2016, the National Statistics Committee of Belarus reported. In January-March the GDP deflator index amounted to 107% as against the same period of last year. (BelTA/Business World Magazine)
To minimize impacts of external shocks on its economy Tajikistan plans to develop the industrial sector. “Tajikistan’s economy experiences impact of external shocks and the global economic environment,” Director of the Institute of Economics and Demography of the Academy of Science of Tajikistan, Professor Lutfullo Saidmurodzoda noted at a conference formally titled “Formation of Strategic…
Latvia should watch out for the so-called Estonian model’s introduction in the country’s tax system, says World Bank senior economist Emilija Skroka. World Bank experts are skeptical about this idea. Skroka arrived in Riga for the presentation of the World Bank’s report on Latvia’s tax policy. It was previously mentioned that Latvia’s Finance Ministry plans…