Georgia: government decentralization action plan to strengthen municipalities

Strengthening governance and financial resources of the self-governing units in Georgia and the development of regions in the country are the “key strategic goals” of the 2022-2023 Action Plan for Decentralization Strategy of the Government, Levan Davitashvili, the Georgian Economy Minister, said on April 28. Following the second session of the Governmental Commission on Decentralization,…

Latvia: GDP to increase by 4.3-5% in Q1 2022

It’s possible Latvian gross domestic product (GDP) may have increased by 4.3-5% in the first quarter when compared to the same period of 2021, according to analysts of Latvian banks. Citadele Bank economist Martins Abolins said in Q1 Latvia’s GDP growth in comparison to Q1 2021 might have been 4.5-5%. When compared to Q4 2021,…