Last week, the Government of Ukraine allocated UAH 518 billion for defense and endorsed the action plan for 2023. “The Government has approved the draft law, which provides an additional UAH 518 billion for security and defense. These funds will be used primarily for payments to the military, the purchase of equipment. The reserve fund…
The Economic Development Digitalization Ministry (MDED) has set up a working group, which will analyze the constraints on the labour market of Moldova. Thus, till late April, specialists will come up with solutions meant to back and develop the economy. Among the priorities of the working group’s activity will be the analysis of the legal…
Georgia has exported locally produced goods worth $914.8 million between January and February, up by 20.3% YoY, the preliminary data from the National Statistics Office of Georgia showed. Geostat said local exports in the country accounted for 54.3% of total exports in the reporting period, amounting to $497.2 million, down by 10.6%. Georgia’s top trading…
Two projects worth $8.44 million in all, meant to enhance the resilience and back the refugees and host communities of Moldova, were launched in Chisinau on March 20. The initiatives are financed by the government of Japan and will be implemented in partnership with the United Nations Development Programme (UNDP). The first project, amounting to…
Micro-power generation, most of which consisted of solar panels, provided the electrical grid with 109% more electricity in 2022 compared to the previous year, the Polish energy watchdog reported. According to the Energy Regulatory Office (URE), such installations contributed 5.8 TWh of energy to the grid in 2022, which compared to 2.7 TWh in 2021.…
Russia ($467.1 million), Turkey ($387 million) and China ($246.4 million) were the top trading partners of Georgia in its total external trade turnover between January and February, preliminary data from the National Statistics office of Georgia showed. Georgia’s top partners by exports were Armenia ($133.1 million), Russia ($128.2 million) and China ($112.4 million), while the…
Poland’s industrial output rose by 1.2% YoY in February, the Central Statistical Office (GUS) reported on March 20. Month on month, industrial output increased by 0.4%. Economists polled by PAP expected February’s industrial production to grow by 1.1% YoY and by 1.8% MoM. Manufacturing prices increased by 18.4% YoY in February, but fell by 0.4%…