Moldova: over 20 regional development projects in central region to be funded by state in 2024

National Regional and Local Development Coordination Council (CNCDRL) earmarked 123 million lei (6.15 million euros) for 21 regional and urban revitalization projects due to be carried out in the central Moldova. According to the Center Regional Development Agency (ADR), most of these projects focus on the construction of water mains, ecotourism, tourist infrastructure and urban…

Ukraine: close partnership to be maintained with U.S. Inspectors General to ensure effective use of U.S. aid

On January 30, Minister of Finance of Ukraine Sergii Marchenko met with Inspector General of the U.S. Department of Defence Robert Storch, Inspector General of USAID Paul Martin, Acting Inspector General of the U.S. Department of State Diana Shaw and Ambassador Extraordinary and Plenipotentiary of the United States to Ukraine Bridget Brink. The meeting was…

Bulgaria: business climate indicator up in January 2024

Bulgaria witnesses a notable improvement in its overall business climate indicator, surging by 3%age points from December 2023 to January 2024. The National Statistical Institute (NSI) revealed that this uptick spanned across all key sectors-industry, construction, retail trade and services. According to NSI, the composite indicator for the business climate in the industry sector rose…

Ukraine: every dollar spent treated responsibly

The key priority in Ukraine’s cooperation with its partners is the transparency of the use of funds raised. This was emphasised by Prime Minister Denys Shmyhal during a meeting with a delegation of Inspectors General from U.S. Department of Defence, State Department and United States Agency for International Development (USAID) on January 30 in Kyiv.…