The State Investment Bank of France is ready to provide insurance guarantees to its businesses operating in Ukraine’s Chernihiv region, Pierre Heilbronn, French President’s Special Envoy for Aid and Reconstruction in Ukraine, has said at a meeting with acting Chernihiv Mayor Oleksandr Lomako, Chernihiv City Council reports. French President’s Special Envoy for Aid and Reconstruction…
Ukrainians have submitted nearly 25,000 applications to repair damaged homes under the eVidnovlennia (eRecovery) programme. This was announced by Prime Minister Denys Shmyhal. “I am grateful to the communities that promptly set up commissions and verify the damage quickly. This allows Ukrainians to repair their homes before the winter,” the Head of Government noted. According…
Last week, 452 entrepreneurs received loans under the Government’s Affordable Loans at 5-7-9% programme for a total of UAH 1.9 billion. Since the beginning of 2023, banks have granted 13,100 loans worth UAH 46.5 billion to businesses. Since the start of the programme in February 2020, 66,300 loans worth UAH 213.5 billion have been disbursed.…
Poland’s Monetary Policy Council (MPC) decided to formally end the tightening cycle, with interest rates cuts possible in September once conditions were met, Adam Glapinski, the governor of the National Bank of Poland (NBP), said. Glapinski held a press conference a day after the MPC decided to keep the rates unchanged for the tenth time…
In the first half of 2023, the general fund of local budgets received UAH 218.3 billion, up by UAH 42.5 billion YoY. The main revenues of the general fund of local budgets (excluding interbudgetary transfers) in the first half of 2023 were as follows: UAH 145.4 billion – personal income tax, UAH 27.1 billion –…
Ukraine’s Ministry of Finance expects the economy to grow by up to 3% in 2023, Finance Minister Sergii Marchenko has announced on Facebook. “The Government of Ukraine has managed to stabilize the economic and financial situation. We have controlled budget indicators, stable tax revenues and a decrease in inflation from 26.6% in May 2022 to…
Prime Minister Dorin Recean had a meeting with European Commissioner for Economy Paolo Gentiloni. They considered macro-financial assistance in the context of the additional budget to Moldova this year. “We discussed recommendations for macro-financial assistance to be used more effectively, so that we can adjust to European regulations, and support our economy. Economic development is…