Georgian Finance Minister Lasha Khutsishvili on May 4 highlighted the “strong economic” performance of Georgia and noted its double-digit growth over the past two years despite global challenges at a Business Session of the Asian Development Bank Board of Governors. At the session held as part of the ADB’s 56th Annual Meeting on May 2-5…
On May 2, the Verkhovna Rada of Ukraine adopted a law terminating the agreement between the Government of Ukraine and the Government of the Syrian Arab Republic on trade, economic and technical cooperation. The law terminates the agreement between the government of Ukraine and the government of the Syrian Arab Republic (SAR) on trade, economic,…
In April, the State Tax Service exceeded by 7% the plan of receipts to the state budget, the Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Hetmantsev said. “The final figures as to the implementation of the plan for payments administered by the tax service for April have just come…
Moves to lift EU sanctions on Belarusian fertiliser exports, seen as a cash cow for the Minsk regime, are seeing backlash from the Baltic States and Poland. Member states have been locked in a stand-off since January over new sanctions against Belarus. Negotiators do not agree on exemptions that would facilitate the transit of Belarusian…
The International Monetary Fund has scheduled frequent reviews of the Enhanced Financing Program for Ukraine (EFF): one in the summer and one in the fall. This was stated by the Permanent Representative of the International Monetary Fund (IMF) in Ukraine, Vagram Stepanyan. “The fund’s programs are evaluated through regular reviews involving IMF experts who update…
The business activity expectations index (BAEI) in Ukraine continues to demonstrate positive dynamics due to improvement in the situation in the energy sector, increase in supply of food and fuel, better inflation and exchange rate expectations and stronger consumer confidence of households. “In April, the BAEI rose to 51.5, up from 49.5 in March, exceeding…
Georgian Finance Minister Lasha Khutsishvili will join finance ministers, central bank governors and government officials from Asian Development Bank member countries in the bank’s 56th annual meeting in Incheon, Korea. The Ministry of Finance said Khutsishvili would address a session entitled Reinvigorating Regional Cooperation in Central and West Asia – the Role for the Central…