The Business Association of Georgia on March 30 published the results of a survey that said 63% of its member companies planned to increase the volume of their investments this year. Carried out in the first quarter of the year, the survey also saw 28% of the member companies say they would keep investment levels…
Prime Minister Dorin Recean on March 30 discussed the investment climate in Moldova with representatives of the Association of Investors from Romania (AIR) and Ambassador of Romania to Moldova Cristian-Leon Turcanu. The main subjects were focused on the creation of conditions for attracting investors, foundation of a joint guarantee fund and relocation of successful businesses…
Georgian Deputy Economy Minister Irakli Nadareishvili on March 29 said increasing the effectiveness of the small and medium-sized business sector was a “priority direction” of the Georgian Government’s economic policy. Participating in the review of the initial assessment of Georgia in the updated ranking of the SME Policy Index by the Organisation for Economic Co-operation…
Eight Ukrainian startups will represent the Ukrainian delegation at the 2023 SelectUSA, the main U.S. event promoting direct investment, which will take place in Washington on May 1-4. They were selected following a pitch competition. The national delegation includes: – ADAM – a revolutionary Ukrainian startup that has developed a technology for 3D printing human…
The Moody’s rating agency has raised its prediction for Poland’s GDP growth in 2023 from -0.2% to 0.4% without changing the country’s credit rating. The agency put 2024 GDP growth at 2.4%. Moody’s said Poland’s long-term foreign currency rating remained at A2 with a stable outlook. Poland’s credit risks are sustainable, Moody’s analysts say, despite…
The National Bank of Georgia on March 29 said even though inflation was “still high” in the country, the trends were following a “downward trajectory”, with the numbers expected to remain below the “target level” in the second half of the year. Statistics showed headline inflation decreased to 8.1% last month, while core inflation dropped…
The collections to the national public budget, managed by the State Fiscal Service (SFS) since the beginning of this year have amounted to 14.7 billion lei. The collections grew by 2.2 billion lei or by 17.8% YoY. Thus, about 7 billion lei (350 million euros) was collected in the state budget in 2023, up by…