The Board of the National Bank of Ukraine has decided to keep its key policy rate at 18% per annum. In November, annual consumer price inflation came in at 10% and was close to the NBU’s latest forecast published in the October Inflation Report. The acceleration of inflation as compared to previous months was anticipated…
Japan and South Korea will be the next export markets for Georgian wine, Georgian Agricultural Minister Levan Davitashvili announced. Davitashvili accented the importance of state programs that resulted in the development of Georgian wine on export markets. The minister also underlined the increase in the Georgian National Wine Agency’s budget, which would assist in the…
The Riigikogu has adopted Estonia’s 2019 state budget, the total volume of which exceeds EUR 11 billion. Altogether 52 MPs voted in favor and 46 against the 2019 State Budget Act, spokespeople for the Riigikogu said. 23 proposed amendments submitted ahead of the third reading of the state budget bill were reviewed on December 12,…
Kyrgyzstan has to switch to the production of only organic products, that is, non-GMO and cultivated with the use of natural fertilizers. Speaker of the Parliament Dastanbek Dzhumabekov sent a corresponding instruction to the government. It states that the production of agricultural products throughout the country should become organic within ten years. Farmers should not…
Before martial law period expires, Ukrainian troops are expected to have received more than 200 units of military equipment, according to Defense of Ukraine Stepan Poltorak. Martial law is introduced in the country for two main reasons. The first is aggression against Ukraine. The second is when there is a threat of open aggression. “Thanks…
The most popular international flights from Igor Sikorsky Kyiv International Airport (Zhuliany) in 2018 were Minsk, Warsaw, Sharm el-Sheik, Ankara, Dubai, and Antalya, the airport’s press service wrote on Facebook. “And domestic flights – Odesa, Zaporizhzhia, and Lviv,” reads the report. In January-November Kyiv International Airport serviced 2.606 million passengers, up by 53.7% YoY. “The…
The European Union (EU) and the European Investment Bank (EIB) are starting a new project with a total budget of EUR 6,136,000 to contribute to Georgia’s road infrastructure development. The project activities are expected to start in January 2019. The Technical Assistance for Georgia Transport Connectivity (GTC) is a seven year program funded by the…