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WB to provide $664 mln for social protection of low-income people in Ukraine - Finance Ministry
MOSCOW. Nov 28 (Interfax) - The World Bank (WB) has approved $664 million in additional funding for Ukraine for the Investing in Social Protection for Inclusion, Resilience, and Efficiency (INSPIRE) ...
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Georgian National Bank raises foreign currency reserve requirement for banks to 25%, aims to replenish reserves by $340 million
TBILISI. Nov 28 (Interfax) - The National Bank of Georgia (NBG) has raised the upper limit of the reserve requirement for banks on foreign currency deposits by 5 percentage points, aiming to replenish ...
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Russia's BRICS partners interested in standards in digital technologies, green construction - Rosstandart
ST. PETERSBURG. Nov 28 (Interfax) - BRICS countries have been showing interest in several standards developed in Russia, particularly in the area of digital technologies and green construction, ...
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Russia's Finance Ministry raises estimate for budget surplus 3.4-fold to 578.5 bln rubles in 9M owing to recalculating expenses
The new estimate is contained in materials on the ministry's website.
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Kazakhstan ratifies agreement with EAEU on warehouse receipts for agricultural products
ASTANA. Nov 28 (Interfax) - The Kazakh Senate, the upper house of the country's parliament, has ratified an agreement with the Eurasian Economic Union (EAEU) aimed at streamlining the issuance and ...
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National Bank of Kazakhstan begins currency interventions as tenge rate plummets
The tenge's exchange rate has risen above the KZT 500/$1 threshold. At the moment, the national currency is trading at KZT 518-519/$1. The average exchange rate on November 28 is KZT 512.58/$1, which ...
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VTB receives Central Bank and Federal Antimonopoly Service's permission to acquire Russian Post's stake in Pochta Bank
Pochta Bank was established by VTB and Russian Post in 2016 as a retail bank with an extensive regional network based at post offices. VTB and Russian Post now each own 50% minus one share in Pochta ...
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Russian and Kazakh railways to establish joint logistics provider on North-South Transport Corridor
MOSCOW. Nov 28 (Interfax) - Russian Railways (RZD) and Kazakhstan Temir Zholy (KTZ, Kazakhstan Railways) will create a joint logistics service provider to enhance the efficiency of transport ...
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Whoosh to start operating soon in Sao Paolo, other Latin American cities
MOSCOW. Nov 28 (Interfax) - PJSC Whoosh Holding, the holding company of Russian electric scooter and bike sharing service operator Whoosh, plans to soon enter the markets of several cities in Latin ...
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Russian Central Bank not ruling out rise in 2024 GDP forecast, growth may be above 4% - governor's adviser
PERM. Nov 28 (Interfax) - GDP growth for the year may exceed the Central Bank of Russia's upper forecast of 4%, advisor to the Central Bank governor Kirill Tremasov said at the Perm Engineering and ...
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Lvov IT Cluster expects Ukraine's exports of IT services to drop 4%-6% in 2024
Exports of IT services are expected to decrease 4%-6% to $6.3 billion-$6.4 billion in 2024 year-on-year, Lvov IT Cluster said. "The decline in IT service exports which began in 2023 is continuing.
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Georgia may catch up with Europe by many economic indicators in 2028 - candidate for PM
"The Georgian economy will grow by 40 billion lari (the official exchange rate is 2.74 lari to the dollar) to 130 billion lari within the next four years. This means we will catch up with European ...