Georgia’s progress in debt management, operating an office for large taxpayers and facilitating risk analysis and tax audit was discussed between the country’s Finance Minister Lasha Khutsishvili and Enrico Aavi, the head of the Technical Assistance project of the International Monetary Fund. Within the visit, which involved working meetings between February 8 and 21, it…
“Azerbaijan Airlines” launches flights from Ganja to two cities of Russia – Moscow and St Petersburg. The flights will be operated weekly. The first flight of the airline on Baku-Moscow-Ganja-Moscow-Baku route will be launched on March 17. AZAL will operate flights on this route three times a week – on Mondays, Fridays and Saturdays. From…
Prime Minister Dorin Recean expressed the need to improve the infrastructure, the quality in the process of construction and maintenance of the national and local roads at a meeting of the road fund’s board, held at the government on February 21, the government’s communication and protocol department reported. The participants of the meeting unveiled the…
This year, Ukraine needs another $17 billion for the rapid reconstruction of energy, critical and housing infrastructure, as well as economic recovery, Prime Minister Denys Shmyhal has announced during a government meeting. “At the same time, Ukraine needs another $17 billion this year to achieve rapid recovery. It is about the reconstruction of the energy…
Ukrainian President Volodymyr Zelensky has met with IMF Managing Director Kristalina Georgieva in Kyiv and thanked her for supporting Ukraine since the first days of Russia’s full-scale invasion. “The IMF’s support creates an opportunity for Ukraine to remain strong. It is also a weapon – an economic weapon that allows us, our society, and our…
Poland’s retail sales decreased in real terms by 0.3% YoY and by 23.1% MoM in January, the Central Statistical Office said on February 21. Economists polled by PAP expected January’s retail sales to grow in real terms by 0.8% YoY and to fall by 22.3% MoM. In current prices, retail sales increased by 15.1% YoY…
The Baku Stock Exchange held an auction on the placement of the Azerbaijani Finance Ministry’s public bonds worth 40 million manats ($23.5 million) with a circulation period of 728 days. As many as 26 investors submitted 50 bids in the price range from 91.2 manats or $53.6 (11%) to 95.4 manats or $56.1 (8.5%) during…