Prices of consumer goods and services (Consumer Price Index, CPI) increased by 11.5% YoY and by 0.1% MoM in June, the Central Statistical Office (GUS) reported in a flash estimate on June 30. Economists polled by PAP Business estimated that June’s CPI would reach 11.7% YoY and 0.2% MoM. In May, the prices of consumer…
The state budget of Ukraine has received grant funds in the amount of $1.215 billion through the World Bank’s Multi-Donor Trust Fund. In particular, Ukraine received $1.2 billion from the United States of America and $15 million from Finland. The grants were provided as part of the fifth additional financing under the PEACE in Ukraine…
The expenditures of Poles on travel and tourism in 2022 stood at PLN 86.6 billion (EUR 19.44 billion), up by 50.1% YoY, the Central Statistical Office (GUS) reported on June 29. Of the total spent, domestic travel and accommodation accounted for PLN 42.1 billion (EUR 9.45 billion), up by 31.9%, and foreign travel and accommodation…
Citizens from the 27 countries of the European Union, as well as from other states will be able to work in the Republic of Moldova without a work permit. This will boost the economic development potential and the investment attractiveness of our country, giving large companies access to qualified resources from other states. The Cabinet…
Reconstruction should be in the focus of every minister, regional and local leader. This is one of the main vectors by which the work will be evaluated, stressed the Prime Minister Denys Shmyhal during a session of the Cabinet of Ministers on June 28. “We have created the Fund for the Elimination of the Consequences…
Global rating agency Standard and Poor’s (S&P) has raised Poland’s economic growth forecast to 1.1% in 2023 from 0.9% expected earlier. At the same time, S&P cut its forecast for 2024 by 0.2%, to 3.2%, the company stated in a report published on June 26. According to the agency, after 2023, economic growth in Poland,…
The Government has adopted Resolution No. 631 “On approval of the budget of the Pension Fund of Ukraine for 2023”. The budget revenues of the Pension Fund of Ukraine are set at UAH 768.9 billion, including: – UAH 451.1 billion – own revenues; – UAH 27.7 billion – funds from mandatory state social insurance; –…