Ukraine: multilateral development banks agree to harmonize procurement systems

The Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and the World Bank have agreed to harmonize procurement practices for public sector investment financed by the multilateral development banks (MDBs) in Ukraine. “Reconstruction needs for Ukraine will be huge. The cost of reconstruction following…

Ukraine: Kyiv allocates more than UAH 1 billion for winter preparations and energy infrastructure repairs

Kyiv authorities have allocated more than UAH 1 billion to make preparations for the winter period and renovate the energy infrastructure objects damaged by Russian attacks. The relevant statement was made by Kyiv City State Administration Deputy Head Petro Panteleiev during a briefing. “Regarding preparations for the heating season, all necessary preventive maintenance works were…

Poland: core inflation down in September 2023

Poland’s core inflation, excluding food and energy prices, measured 8.4% YoY in September, down from 10% recorded in August, Poland’s Central Bank announced in a statement. On a monthly basis, Poland’s core inflation settled at negative 0.1%, down from the positive 0.3% recorded in August, the bank also said. According to the latest data from…