Ukraine: food reserves sufficient

Ukraine’s production is five times as much as its domestic consumption, so it has sufficient food reserves, Deputy Minister of Agrarian Policy and Food Taras Vysotsky has said. According to him, even if production stops, Ukraine now has a large stock of everything it needs because “we are exporters, and exports have stopped.” “For example,…

Lithuania: excise duty on fuel to be lowered

The Lithuanian government is considering lowering excise duty on fuel in a bid to bring down soaring gasoline and diesel prices, Deputy Finance Minister Gediminas Norkunas said on March 14. “I cannot discuss anything until measures have been approved by the cabinet, but yes, we are looking at possible measures,” Norkunas told the parliamentary Committee…

Moldova: water and sewerage access infrastructure in Comrat and Soroca to be improved

President Maia Sandu has approved the signing of the Financing Agreement for the project that will improve water and sewerage infrastructure in several localities, including Comrat and Soroca. “Due to this project, thousands of households in Rascani, Cahul and Vulcanesti districts will have access to quality water. The wastewater infrastructure in the municipalities of Soroca…

Georgia: external trade up in January-February 2022

Georgian external trade turnover amounted to $2.5 billion in January-February, up by 49.2% YoY, latest data from the National Statistics Office of Georgia (Geostat) showed. The value of exports in Georgia grew by 54.5% and totaled $760.4 million in the reporting period, while imports increased by 47%, reaching $1.7 billion. Trade deficit totaled $1 billion,…