The balance on the special account the National Bank of Ukraine (NBU) opened to support the Armed Forces of Ukraine is about UAH 2.48 billion. “Over UAH 74 million was remitted to the special account last week,” the National Bank press service said. The NBU has already transferred over UAH 17.7 billion to meet the…
Rehabilitation of roads continues in western Georgia, where about 600 kilometres of roads are planned to be updated this year, the Infrastructure Minister Irakli Karseladze said on July 26. Karseladze said that rehabilitation of an 11-km section of Gomi-Sachkhere-Chiatura road would be completed in September. In addition, works are underway in 16 different parts of…
Freight traffic between mainland Russia and the exclave of Kaliningrad, which bordered Lithuania, resumed this week, as the first train was undergoing checks on July 26. “Yesterday, the first train set to cross the territory of Lithuania arrived,” Kotryna Dzikaraite, a spokeswoman for Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), said. A spokeswoman for the Customs Department…
The Standard & Poor’s (S&P) Global Ratings agency has lowered Poland’s GDP growth forecast in 2023 from the April figure of 3.1% to 2.1%, but raised its estimate for this year from 3.6% to 4.5%. The agency forecasts GDP growth in Poland in 2024 at 2.6% and at 2.4% in 2025. S&P forecasts the general…
The mixture of asphalt concrete with addition of recycled plastic materials MR8 has been use on two road segments from the central Straseni district. The mixture is made of an arrangement of recycled polymers and is conceived to extend the bituminous binder in a mixture of asphalt, thus reducing the volume of bitumen needed by…
In the current 2021-2022 financial year (September 1, 2021 – August 31, 2022), Ukraine produced 1,450,000 tons of sugar, or 130.5% of the production of the previous financial year. Sugar was produced by 33 factories. According to the sugar supply and demand balance calculated by the Ministry of Agrarian Policy and Food of Ukraine, the…
Since the beginning of 2022, Ukraine has paid off $1.5 billion in foreign debt, Oleh Ustenko, adviser to the President of Ukraine on economic issues, has said. “We had to repay $3 billion for this year. We have already repaid $1.5 billion this year and we have another $1.5 billion left to pay off until…