For more than two years in a row, the Ministry of Finance of Ukraine has been taking the necessary measures to maintain a stable macro-financial system in wartime. Effective steps taken by the Government of Ukraine allow strengthening domestic financial capacity in times of uncertainty. However, international assistance continues to be important in supporting the…
The goal of the school meals reform is to give every child a balanced, healthy and tasty meal, as well as to instill healthy eating habits. That is why the state budget for 2024 provides UAH 1.5 billion for the restoration and modernisation of canteens in general secondary education institutions. The reform was initiated by…
The Bulgarian National Bank has reported a rise in counterfeit 100 leva bills, according to statistics released on its website. In the second quarter, there were 230 fake 100 leva notes identified and confiscated. Overall, the bank registered and seized 397 counterfeit banknotes during this period. Among these, 83 were 20 leva notes, 74 were…
Work continues on the development of the public and private partnership (PPP) model for Rail Baltica project. This could speed up the project’s implementation and reduce the burden on the state budget in the long run, as confirmed by Baltic countries’ joint company RB Rail representatives. RB Rail notes that the addition of PPP in…
The Bulgarian Parliament has approved amendments to the Accounting Law, mandating that enterprises include a sustainability report in their activity reports. This new requirement, effective for the 2024 accounting year, aims to provide a comprehensive view of corporate sustainability by analyzing both financial and socio-economic impacts of a company’s activities. Large enterprises, as well as…
As of August 14, the Pension Fund of Ukraine has financed UAH 35 billion for pension payments, including UAH 7.4 billion through JSC Ukrposhta and UAH 27.6 billion through authorised banks. Moreover, UAH 1,336 million was allocated for housing subsidies and benefits and UAH 1,911.6 million – for insurance payments, including UAH 756.4 million for…
On August 13, the Cabinet of Ministers of Ukraine approved the State Strategy for Regional Development for 2021-2027, which would become an effective tool to overcome the consequences of the war, promote recovery and facilitate the country’s accession to the EU. The EU provided support for the preparation of the Strategy through the European Commission,…