The 2017 budget bill has been passed into law with a surplus worth Br1.496 billion ($787.203 million). The government posted the document on its official web site for legislative information on October 26. 2017 budget revenues were approved at Br18.235 billion ($9.595 billion), expenditures – Br16.739 billion ($8.808 billion). The major source of state budget…
The National Bank of Ukraine (NBU) still hopes by the end of the year to get the fourth tranche from the International Monetary Fund (IMF) under the EFF program in the amount of $1.3 billion, NBU Deputy Head Dmytro Solohub has said at a briefing in Kyiv. “This sum will be used to replenish international…
Azerbaijan’s Energy Minister Natig Aliyev will participate in the OPEC High Level Committee Meeting on implementation of Algerian agreements of OPEC and non-OPEC states, to be held in Vienna in late November, the Azerbaijani Energy Ministry said in a message. Along with Azerbaijan, invitations for the meeting were sent to such non-OPEC states as Russia,…
Turkmen President Gurbanguly Berdimuhamedov and Qatar’s Sheikh Faisal Bin Qassim Al Thani, the head of Al Faisal Holding, stressed at the meeting that the fuel and energy sector, transport and communications were priority vectors of cooperation between Turkmenistan and Qatar, the Turkmen government said in a message. According to the message, the agreements reached the…
Turkmen President Gurbanguly Berdimuhamedov and Gilles Remy, head of the French CIFAL company, exchanged views on the prospects of partnership as part of the priorities of socio-economic development of the country and joint work experience. Stressing readiness to develop mutually beneficial cooperation, Remy expressed the company’s interest in strengthening the positions on the Turkmen market.…
Ukrainian President Petro Poroshenko, the government and parliamentary coalition factions have decided to raise the minimum wage in Ukraine from January 1, 2017 to 3,200 UAH, the Ukrainian president said after talks with Ukrainian Prime Minister Volodymyr Groysman. “Starting from January 1, 2017, there will be no employed people in Ukraine who earn less than…
Kazakhstan plans to participate in the OPEC meeting on November 30, in Vienna, Kazakh Energy Minister Kanat Bozumbayev said. Earlier OPEC sent invitations to 12 non-member countries to attend the next OPEC meeting. “We have received OPEC’s invitation through the Ministry of Foreign Affairs, and at the technical level plan to attend the meeting”, Bozumbayev…