The Cabinet of Ministers of Ukraine expects the current program with the International Monetary Fund to be reviewed in February. “We are waiting for the next review of the current program of the International Monetary Fund in February and, of course, we work towards continuing the next programs,” Prime Minister Denys Shmyhal said at a…
Minister of Finance of Ukraine Serhiy Marchenko held an online meeting with U.S. Deputy Secretary of the Treasury Wally Adeyemo. “The parties discussed the achievements in the implementation of prudent fiscal policy in Ukraine, which resulted in overfulfillment of the state budget in 2021, ongoing cooperation with the International Monetary Fund, and next steps of…
Georgia has exported 18,400 tons of hazelnuts between August 1, 2021 and January 23, 2022, up by 28% YoY, the Georgian Ministry of Agriculture and Environmental Protection has reported. The exports generated $84.5 million in revenue, up by $8.3 million. The export price of hazelnuts increased by 11%. Georgian hazelnuts were exported to the following…
Last year, Latvia’s state debt increased by EUR 2.8 billion or by 22.5%, reaching EUR 15.259 billion, according to data compiled by the State Treasury. At the end of 2021 Latvia’s state debt was EUR 15,258,909,000 and at the end of 2020 it was EUR 12,458,738,000. The state external debt was EUR 12.287 billion at…
The current price of energy crisis has sent people looking for alternative sources of energy, with interest in solar panels also growing. Estonia will introduce an extra support measure for boosting the energy efficiency of buildings and solar panels in the coming months. Two solar panels measures are being drawn up – one for private…
A Lithuanian town is planning a development of wooden apartment buildings, saying it could serve as an example for the rest of the country. The government, meanwhile, wants to have all new public buildings include more natural materials. The town of Anyksciai, in northeast Lithuania, has set aside two plots of land for wooden developments…
Georgia’s tourism revenues in 2021 amounted to $1.2 billion, up by 129.8% YoY, according to the tourism recovery review from the Galt & Taggart. The figure decreased by 62.5%, compared to 2019 ($3.2 billion), and accounted for 38.1% of the 2019 level (before the COVID-19 pandemic). Georgia’s revenues from international travel in December 2021 amounted…