On September 7, representatives of the Ministry of Finance of Ukraine and the World Bank reviewed the World Bank’s project portfolio. The review was led by Deputy Minister of Finance of Ukraine Olga Zykova and World Bank Manager in Ukraine Gevorg Sargsyan. The review took place for the first time since 2021. In total, the…
The financial infrastructure of the Three Seas Initiative (3SI), in particular the 3SI Investment Fund, can play an important role in securing investment in long-term projects in Ukraine. And 3SI risk insurance through export credit agencies and DFI project financing will allow companies from the Three Seas Initiative countries to make greater inroads into the…
An expert from the think tank the Polish Economic Institute (PIE) has called the September 6 interest rate cuts “surprising”, adding that that until the end of next year rates will fall to around 5.25% Poland’s central bank’s rate setting Monetary Policy Council (RPP) cut all interest rates by 0.75% on September 6, bringing the…
The Government will adopt the draft state budget for 2024 until September 15. Its preparation has reached the final stage. This was announced by Prime Minister Denys Shmyhal. “The number one priority – just like this year – will be the security and defence sector. Equipment, weapons, drones, missiles, ammunition – all these are of…
Poland’s Council of Ministers adopted at its September 5 sitting a government programme aimed at supporting the development of the capital, Warsaw, between the years 2023 and 2030, the culture minister announced on X. Piotr Glinski tweeted that the programme’s aim was to “increase the capital’s development potential and raise residents’ living standards through financial…
In the year since the resumption of privatisation in September last year, more than 400 auctions have been held and more than UAH 3.8 billion has been collected for the state budget. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine. “Despite the full-scale war with russia, we…
President Maia Sandu had a quite warm discussion with over 50 businesswomen from the Autonomous Territorial Unit of Gagauzia and Taraclia district in the Congaz commune. The women present at the meeting, through the businesses they lead, provide jobs for people from the region, back other small local producers and thus contribute to Moldova’s economic…