Poland’s industrial output fell by 3.2% YoY in May, the Central Statistical Office (GUS) reported on June 21. Month on month, industrial output decreased by 4.4%. Economists polled by PAP expected May’s industrial production to fall by 3% YoY, but to increase by 5.1% MoM. Manufacturing prices increased by 3.1% YoY in May, but fell…
The basic rate applied on the principal short-term monetary policy operations has been established at 6% annually, against 10% earlier. A decision to this effect was taken by the executive committee of the National Bank of Moldova (BNM) on June 21. At the same time, the rates of interest on the overnight loans were set…
President of Ukraine Volodymyr Zelensky has signed a law that will help improve the management structure of the State Property Fund, as well as resume large-scale privatization. “Due to the joint work of the President, the Verkhovna Rada and the government, we are resuming large-scale privatization. Attracting private investments in state-owned enterprises means new technologies,…
On June 19, the State Budget of Ukraine received funding of EUR 63 million from the World Bank. The funds were provided by the International Development Association (IDA) on concessional terms under the World Bank’s Public Expenditures for Administrative Capacity Endurance (PEACE) Project. The loan has a maturity of 10 years, with a 4-year grace…
Prime Minister Dorin Recean and representatives of the Farmers’ Force Association, at a new round of discussions at the government’s headquarters, have tackled the current challenges in the agricultural sector, against the background of the regional crisis and a protest announced by the association. Attending the discussions was also Deputy Prime Minister, Agriculture and Food…
A visit to the central Straseni district by the Prime Minister Dorin Recean has started in the Miclauseni settlement, where spouses Victor and Ana Ciolacu developed a business in agricultural tourism, beekeeping and fruit growing, known as the Conacul Mierii (Honey Mansion) boarding house, the government’s communication and protocol department reported. Founded ten years ago…
On June 15, Prime Minister Denys Shmyhal held an online meeting with Alfred Kammer, Director of the IMF’s European Department. The Head of Government thanked the Fund’s team for their productive work on the first review of the $15.6-billion Extended Fund Facility, as well as for their appraisal of Ukraine’s progress. “We expect that the…