Ukraine will use IMF funds to finance priority expenditures, including pensions, social benefits and salaries for teachers and doctors. Ukrainian Prime Minister Denys Shmyhal said this at a government meeting on April 4. “The IMF approved a $15.6-billion financing program for Ukraine. The first tranche of $2.7 billion has already been transferred to the state…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, has kept the reference interest rate at 6.75%. The National Bank of Poland’s Lombard rate remained at 7.25%, the rediscount rate at 6.80% and the discount rate at 6.85%, the RPP announced after its sitting on April 5. The RPP also left the deposit…
Georgian Economy Minister Levan Davitashvili on April 5 reviewed bilateral cooperation with Edmondo Cirelli, the Deputy Minister of Foreign Affairs and International Cooperation of Italy, at a meeting in Tbilisi. The ministry said the officials discussed ties in trade, investments, agriculture, transport and logistics, energy, tourism and other fields, and praised the “fruitful cooperation” in…
Speaker Igor Grosu had a discussion with Prime Minister Ingrida Simonyte in Vilnius, and approached the Moldovan-Lithuanian commercial and economic cooperation. Grosu pointed out Chisinau authorities’ priorities for 2023, referring to the reconstruction of the economy, energy security and strengthening of state security. “Parliament together with the Government joined their efforts to make the Republic…
In March, 805 new commercial vehicles were purchased and registered in Ukraine, up by 11% MoM, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). “In March, 805 vehicles were purchased on the Ukrainian market of new commercial vehicles. This is the best result in the first quarter of the current year,” the report says.…