On May 26, the Parliament approved several legislative norms for the development of remote businesses. One of the most important provisions is the completion of notarial documents remotely, electronically. Thus, it will be possible to establish the identity and capacity of individuals, read notarial documents and establish consent without physical interaction between the parties and…
The Cabinet of Ministers of Ukraine is allocating UAH 588 million for the budgets in the Dnipropetrovsk, Donetsk, Zaporizhzhia, Kyiv, Odesa, Poltava and Kharkiv regions to implement reconstruction projects this year. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal at a meeting of the Ukrainian government. “Today we have endorsed a decision…
Archil Mestvirishvili, the Acting President and Vice President of the National Bank of Georgia, on May 24 said evaluations of Georgia’s investment environment by international rating agencies boosted investors’ and foreign organisations’ confidence in the domestic economy. Mestvirishvili said the ratings had a positive impact on the country’s business environment, and added the rankings for…
The state budget could be rectified. The announcement was made today by Prime Minister Dorin Recean at a Cabinet meeting on May 24. Government’s task is to free up more budget space so that money can be allocated to the economy, infrastructure and increasing the population’s income. “The correction we are starting today must bring…
Under the Affordable Loans at 5-7-9 programme, UAH 109 billion in loans have been issued during the full-scale war, including UAH 1.5 billion over the past week, Prime Minister Denys Shmyhal has said. However, under the portfolio guarantee programme, loans worth almost UAH 4 billion were disbursed in April alone. “Grants within the eRobota framework…
After the war, Ukraine is to be rebuilt mainly at the expense of private capital. And the development of the Ukrainian economy will be driven by stimulating small and medium-sized businesses. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, during a meeting with the Latvian delegation headed…
Economic relations between Georgia and Qatar and investment opportunities were discussed on May 23 in a meeting between the Georgian Prime Minister Irakli Garibashvili and Sheikh Tamim bin Hamad bin Khalifa Al Thani, the Emir of Qatar. The officials highlighted the dynamics of existing “productive cooperation” and pointed out the importance of deepening economic relations…