Moldova: government approves national programme to develop public procurements system for 2023-2026

The development of an advanced public procurements system is the basic principle promoted through the national programme on the development of public procurements system for 2023-2026, approved by the Cabinet on August 30 at an initiative of the Finance Ministry. The main goals provided for in this programme refer to: approximation of the national legislation…

Ukraine: prices “more or less stable” despite war

Mykhailo Nepran, the first vice-president of the Chamber of Commerce and Industry of Ukraine, a member of the Ukrainian Business Council, admitted possible price fluctuations due to market conditions while dismissing any reasons for price panic. The pundit made the comment speaking of the government reducing the list of “socially significant products” for which the…

Ukraine: South Korea to increase aid

South Korea will provide 520 billion won ($394 million) in financial assistance to Ukraine in 2024. The aid package includes 130 billion won for reconstruction, 260 billion in humanitarian aid and another 130 billion won through international organisations, according to South Korea’s 2024 budget. In July, President Yoon Suk Yeol announced his country would provide…

Moldova: Air Baltic to launch Chisinau-Riga flight

One of the biggest low-cost companies of Europe, Air Baltic, will launch the Chisinau-Riga flight starting from 2024, Deputy Prime Minister, Economic Development and Digitalization Minister Dumitru Alaiba has announced. The official said the tickets for the Chisinau-Riga flight would be available as early as this week. “Air Baltic launches the Chisinau-Riga starting from 2024.…