Two projects worth $8.44 million in all, meant to enhance the resilience and back the refugees and host communities of Moldova, were launched in Chisinau on March 20. The initiatives are financed by the government of Japan and will be implemented in partnership with the United Nations Development Programme (UNDP). The first project, amounting to…
Russia ($467.1 million), Turkey ($387 million) and China ($246.4 million) were the top trading partners of Georgia in its total external trade turnover between January and February, preliminary data from the National Statistics office of Georgia showed. Georgia’s top partners by exports were Armenia ($133.1 million), Russia ($128.2 million) and China ($112.4 million), while the…
Poland’s industrial output rose by 1.2% YoY in February, the Central Statistical Office (GUS) reported on March 20. Month on month, industrial output increased by 0.4%. Economists polled by PAP expected February’s industrial production to grow by 1.1% YoY and by 1.8% MoM. Manufacturing prices increased by 18.4% YoY in February, but fell by 0.4%…
On March 13-19, the Customs Service collected over 707.6 million lei (about 35.3 million euros) to the state budget. According to the institution, private people brought goods with customs value exceeding the non-taxable limit, and payments totaling more than 16.9 million lei were collected, which represented 2.4% of the total amount. The money collected from…
Georgian Deputy Economy Minister Romeo Mikautadze on March 18 said the Black Sea submarine cable international project, initiated by Georgia, was an “object of international interest”. Mikautadze noted the dates, cost and the way of the installation of the cable would be known this year and highlighted that the 1,200 km long cable would be…
The Georgian capital city of Tbilisi hosted a business forum organised by officials and involving businesses of Georgia and the United Arab Emirates, with the event involving discussions of trade turnover and investment between the two countries. Georgian Economy Minister Levan Davitashvili and Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade…
The World Bank Group Board of Executive Directors discussed on March 17 a new Country Partnership Framework (CPF) for Moldova for the 2023-2027 period, aimed at supporting the country’s sustained recovery from the impacts of the COVID-19 pandemic, energy and refugee crises due to Russia’s invasion of Ukraine, focusing on reforms to support job creation…