IBIC News

Belarus' GDP up by 1.2% in 2019
Jan 16, 2020 m.eng.belta.by
According to initial estimates, the country's GDP totaled Br132 billion in current prices, or 101.2% as against 2018 in comparable prices. In 2019 the GDP deflator index made up 106.5% over 2018.
WB increases its GDP growth forecast for Kazakhstan
Jan 12, 2020 today.az
World Bank has increased its GDP growth forecast for Kazakhstan for 2020 announcing it to be 3.7 percent compared to 3.2 percent previously, Trend reports with reference to the January Global Economic Prospects report published by World Bank (WB). According to the report, WB forecasts that Kazakhstan’s GDP growth will be 3.9 percent in 2021 and 3.7 percent in 2022.
Kazakhstan's GDP grows by 4.4 pct
Dec 17, 2019 today.az
Kazakhstan’s GDP grew by 4.4 percent year-on-year in the period of January-November 2019, Prime Minister Askar Mamin said recently while discussing the results of the country's socio-economic development and the implementation of Kazakh budget for 2019.
Belarus' GDP 1.1% up in January-November
Dec 16, 2019 m.eng.belta.by
According to initial estimates, the GDP amounted to almost Br120.1 billion in current prices or 101.1% as against January-November 2018 in comparable prices.
Ukraine cuts key policy rate as deal agreed with IMF
Dec 12, 2019 emerging-europe.com
The National Bank of Ukraine (NBU) has decided to cut the country’s key policy rate by two per cent to 13.5 per cent, as it continues to ease monetary policy as the rapid appreciation of the hryvnia makes inflationary pressures decline faster than expected.
Moody's Investors Service changes Ukrainian govt’s outlook to positive from stable
Moody's Investors Service changed the outlook on the Government of Ukraine's ratings to positive from stable. At the same time, Ukraine's long-term issuer and senior unsecured ratings have been affirmed at Caa1.
Foreign investment in Belarus down 8.5 per cent
Nov 18, 2019 emerging-europe.com
The investment of foreign investors in the Belarusian economy (except the banking sector) amounted to 7.1 billion US dollars during the first nine months of the year, which is 8.45 per cent (600 million US dollars) less than in the corresponding period of 2018.
Russia's Central Bank Cuts Interest Rates on Economic Fears
Oct 25, 2019 themoscowtimes.com
The Bank of Russia has cut interest rates to 6.5% on the back of low inflation, weak domestic growth and fears of a global slowdown. The central bank said further rate cuts could be on the horizon if inflation, which it expects to come in between 3.2-3.7% this year, does not pick-up.
World Bank upgrades GDP forecast for Ukraine
Oct 22, 2019 emerging-europe.com
The World Bank has improved its forecast for GDP growth in Ukraine, saying that the country’s economy will expand by 3.4 per cent in 2019 instead of its previous projection of 2.7 per cent. The financial institution also revised its forecast for the next two years and now expects Ukrainian GDP to grow by 3.7 per cent in 2020 and 4.2 per cent in 2021.
Belarus' GDP 1% up in January-September 2019
Oct 16, 2019 m.eng.belta.by
According to initial estimates, the GDP totaled Br96.5 billion in current prices or 101% in comparable prices as against the same period of 2018. In January-September 2019, the GDP deflator index equaled 107.2% as against the same period of last year.
Fitch affirms Belarus Re at B with stable outlook
Sep 24, 2019 m.eng.belta.by
Fitch Ratings has affirmed Belarusian National Reinsurance Organization's (Belarus Re) Insurer Financial Strength (IFS) Rating at 'B'. The Outlook is Stable.
Deflation in Ukraine stands at 0.3% in Aug
Sep 09, 2019 en.interfax.com.ua
Consumer prices in Ukraine after falling in July 2019 by 0.6% in August fell by another 0.3%, and in annual terms inflation in August fell to 9% from 9.1% in July, the State Statistics Service of Ukraine has said.
Bank of Russia slashes key rate for third time this year
Sep 06, 2019 rt.com
The Central Bank of Russia has cut the interest rate for the third consecutive time this year to seven percent, marking another step towards decelerating inflation. The benchmark rate was cut by 25 basis points to seven percent, its lowest point since 2014, according to a statement published by the regulator on Friday.
Surplus of Belarus' central state budget at Br2.94bn in January-July
Aug 30, 2019 m.eng.belta.by
Revenues of the central state budget totaled Br14.38 billion or 60.3% of the revised annual target. Proceeds from VAT amounted to Br6.9 billion (59.9% of the target), profit tax – Br2.3 billion (57.8%), excise duties – Br1.6 billion (62.4%).
Moody’s changes Armenia’s ratings from stable to positive
Aug 29, 2019 emerging-europe.com
US-based international credit ratings agency Moody’s has upgraded Armenia’s local and foreign currency long-term issuer and foreign currency senior unsecured debt ratings to Ba3 from Ba1, changing the country’s outlook from stable to positive, the Armenian press has reported.
Kazakhstan’s GDP growth hit 4.2%
Aug 13, 2019 inform.kz
The GDP growth of Kazakhstan for the past seven months made 4.2%, Kazinform reports. The year-over-year inflation rate reached 5.4%.
Ukraine GDP up 2.2 per cent in first quarter
May 22, 2019 emerging-europe.com
The Economic Development and Trade Ministry of Ukraine has announced that the country’s real GDP grew by 2.2 per cent in this year’s first quarter compared to the same period of 2018.
Belarus' GDP up by 1.4% in January-April

May 17, 2019 eng.belta.by
In January-April, Belarus' GDP went up by 1.4% year-on-year, BelTA learned from the National Statistics Committee. According to preliminary estimates, the GDP totaled Br39.1 billion in current prices or 101.4% in comparable prices over January-April 2018.
Q1’19 GDP Growth 4.7%
Apr 30, 2019 civil.ge
Georgia’s real GDP grew by 4.7% year-on-year in the first three months of 2019, according to preliminary data released by the National Statistics Office, Geostat, on April 30. The corresponding figure for March stood at 6%, according to the report.
Food prices in Kazakhstan rise significantly due to inflation
Apr 20, 2019 today.az
Inflation of 4.8 percent in March 2019 in Kazakhstan facilitated the rise in food prices by 6.7 percent at once. In turn, non-food products have risen in price only by 6 percent, services - only by 1.2 percent.

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