The average inflation rate in Poland will reach 11.9% this year, 5.7% in 2024 and 3.5% in 2025, the National Bank of Poland has said in a forecast. “Over the projection horizon, CPI inflation will decline as factors currently boosting its level subside,” the NBP said in its March 2023 inflation report published on March…
The specific projects were reviewed on March 9 by Georgian Prime Minister Irakli Garibashvili and Mohamed Alabbar, the founder of Emaar Properties and Chair of Eagle Hills, as well as Ahmed bin Ali Al Sayegh, the State Minister in the United Arab Emirates. The favourable business environment in Georgia and the “great potential” of the…
On March 9, Minister of Finance of Ukraine Sergii Marchenko and Minister of Finance of Norway Trygve Slagsvold Vedum held an online meeting during which they discussed the current financial situation in Ukraine and the importance of external financial support. The meeting was also attended by Deputy Minister of Finance of Ukraine Olga Zykova and…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, has kept the reference interest rate at 6.75%. The National Bank of Poland’s Lombard rate remained at 7.25%, the rediscount rate at 6.80% and the discount rate at 6.85%, the RPP announced after its sitting on March 8. The RPP also left the deposit…
The Georgian technology startup is seeing an ecosystem emerge for the field in the country, however it needs “growth, refinement and adaptation”, a new report by the Asian Development Bank shows. The report from the bank, a social development organisation with focus on Asia and the Pacific, is entitled “Georgia’s Emerging Ecosystem for Technology Startups”…
Mateusz Morawiecki, the Polish prime minister, on March 8 announced a broad-scale financial support programme for women starting up businesses. Morawiecki told the Polish Woman of the 21st Century conference in Warsaw that the scheme would be funded by PLN 1 billion (EUR 213 million) annually. He added that more details about the programme would…
Inflation in Poland will gradually decrease by several percentage points this year from its recent level of 17.2%, the Monetary Policy Council (RPP) has said in a statement after its rate decision. The RPP kept all the interest rates unchanged for the sixth time in a row on March 8, with the reference rate remaining…