Revenues of Kazakhstan’s state budget from taxes and payments increased 1.4 times YoY and totaled 2.659 trillion Kazakh tenges in January-May 2016. The main part of the incomes – more than 2.46 trillion tenges – accounted for tax revenues, including 935.08 billion tenges of income tax and 841.42 billion tenges of taxes for commodity and…
The National Bank of Ukraine welcomes Parliament’s adoption of Draft Law No. 4496 on Amendments and Supplements to Certain Legal Acts of Ukraine (on removal of administrative barriers to exports of services) in the first reading. A total of 246 MPs voted in favor of this bill. “The central bank is grateful to the MPs…
Precious metal and textile production in Kyrgyzstan decreased by more than a third since the beginning of the year, Deputy Chairman of the National Statistics Committee of KR Lyuksina Tekeeva reported. According to her, the decline in production in the industry continues. For example, the production of clothing fell by 24.2%, non-metallic mineral products –…
Kyrgyzstan’s GDP fell by 2.3% in the first half of 2016, Deputy Chairman of the National Statistics Committee of KR Lyuksina Tekeeva reported today at a press conference. According to her, since the beginning of the year, GDP amounted to slightly more than 176 billion soms. It decreased compared to 2015, although the drop is…
Prime Minister of Kazakhstan Karim Massimov has inspected the metalworks of ENRC PLC in Rudny town within his working trip to Kostanay region. The management of the plant demonstrated manufactured products. This plant is currently the biggest iron ore extracting and processing plant in Kazakhstan. The metal works employs more than 19 thousand people. (Kazinform/Business…
A free trade zone has opened on Tajikistan’s common border with China. “The free trade zone will begin operations on both sides of the Kulma border-crossing checkpoint in the near future”, Khudoberdi Kholiqnazar, Director of the Center for Strategic Studies under the President of Tajikistan, said. “Currently, working groups of Tajikistan and China are actively…
The agreement on a free trade area between Ukraine and Canada since the moment of taking force after its ratification by parliaments of the two countries will reduce imports duties for 98% of Ukrainian imported goods and for 72% of Canadian exports to nil, Ukraine’s Economic Development and Trade Ministry reported. “Imports duties on agricultural…