Moldova: grant of over $88 million to be received

The World Bank will offer the Republic of Moldova a grant worth $88.4 million. The Parliament ratified on August 17 the multi-donor trust fund grant agreement between the Republic of Moldova and the International Bank for Reconstruction and Development and the International Development Association. Thus, the grant will be disbursed in a single installment and…

Poland: economy down in Q2 2023

Poland’s Gross Domestic Product (GDP) decreased by 0.5% YoY in the second quarter of 2023, the Central Statistical Office (GUS) reported. Compared to the previous quarter, the economy fell by 3.7%, GUS said in a flash estimate. Poland’s economy contracted by 0.3% in the first quarter of 2023, after a 2.3% growth in the fourth…

Poland: Asians replace Ukrainians on labour market

The number of Asians working in economic sectors previously dominated by Poles and Ukrainians is increasing every month, according to the newspaper Rzeczpospolita. Asian workers, from countries such as the Philippines and Indonesia, are becoming common-place in the manufacturing, hospitality and construction sectors, the paper writes. They are taking the place, it appears, of Ukrainians…

Ukraine: exports down in H1 2023

In January-June, exports of goods from Ukraine amounted to $19.4 billion, or 85.7% of last year’s figure, the State Statistics Service reported. “In the first half of 2023, the export of goods amounted to $19,406.9 million, or 85.7% against the first half of 2022, and imports – to $30,447.3 million, or 120.7%,” the report says.…

Poland: CPI up in July 2023

Prices of consumer goods and services (Consumer Price Index, CPI) rose by 10.8% YoY and were down by 0.2% MoM in July, the Central Statistical Office (GUS) reported on August 14. GUS confirmed its figures reported earlier in a flash CPI estimate. In June, the prices of consumer goods and services increased by 11.5% YoY…