In 2023, the annual inflation rate continued the downward trend of late 2022, and in the last quarter it entered the target range. Thus, the annual inflation rate decreased from 8.6% in September 2023 to 4.2% in December 2023. The information was included in the inflation report, presented by Governor of the National Bank of…
According to the express estimates of the National Statistical Institute, during the fourth quarter of 2023, the gross domestic product (GDP) increased by 1.6% YoY and by 0.5% QoQ, based on seasonally adjusted data. According to this information, the GDP in the last four months of 2023 increased by 1.6% YoY, while gross value added…
The entire Baltic power grid is basically ready to disconnect from BRELL at any moment, as confirmed by the new chairman of Augstsprieguma tikls (AST) Rolands Irklis. He said Russia’s provocations in relations to disconnecting from BRELL until February 2025 were considered a realistic scenario. “We know there could be something unexpected from our neighbour.…
Poland discussed the possibility of attracting investments and advanced technologies in Uzbekistan’s mining, textile and pharmaceutical industries. This was discussed at a meeting between representatives of Uzbekistan’s Embassy and the State Secretary of Poland’s Ministry of Development and Technology, Jacek Tomczak. During the meeting, the parties discussed matters related to the development of trade, economics…
Building solid defensive borders is one of the main goals of defence policy. This was emphasised by Prime Minister Denys Shmyhal during a Government session on February 13. “Since the beginning of 2024, the Government has allocated UAH 20 billion from the state budget reserve fund for fortifications. Additional resources from other sources of funding…
On February 12, Minister of Finance of Ukraine Sergii Marchenko met with the management of the International Monetary Fund mission to Ukraine. The IMF mission included Deputy Director of the IMF European Department Uma Ramakrishnan, IMF Mission Chief for Ukraine Gavin Gray, Deputy Mission Chief for Ukraine Sanaa Nadeem and IMF Resident Representative in Ukraine…
A delegation of the National Bank of Moldova (BNM), led by BNM Governor Anca Dragu, has had high-level meetings with the European Banking Authority (EBA). The BNM governor noted that Moldova’s financial sector had been significantly consolidated, especially due to the European integration process. Anca Dragu appreciated the cooperation between BNM and EBA. She voiced…