Despite the war, Poland’s trade turnover with Ukraine is at an all-time high, Andrzej Duda, the president of Poland, said during a Polish-Ukrainian Economic Forum held in Warsaw on April 5. “Before the war, more than a thousand Polish companies operated in Ukraine, and hundreds of thousands of Ukrainian companies operated on the Polish market,…
Ukraine will use IMF funds to finance priority expenditures, including pensions, social benefits and salaries for teachers and doctors. Ukrainian Prime Minister Denys Shmyhal said this at a government meeting on April 4. “The IMF approved a $15.6-billion financing program for Ukraine. The first tranche of $2.7 billion has already been transferred to the state…
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 April 5. The RPP also left the deposit…
Georgian Economy Minister Levan Davitashvili on April 5 reviewed bilateral cooperation with Edmondo Cirelli, the Deputy Minister of Foreign Affairs and International Cooperation of Italy, at a meeting in Tbilisi. The ministry said the officials discussed ties in trade, investments, agriculture, transport and logistics, energy, tourism and other fields, and praised the “fruitful cooperation” in…
Speaker Igor Grosu had a discussion with Prime Minister Ingrida Simonyte in Vilnius, and approached the Moldovan-Lithuanian commercial and economic cooperation. Grosu pointed out Chisinau authorities’ priorities for 2023, referring to the reconstruction of the economy, energy security and strengthening of state security. “Parliament together with the Government joined their efforts to make the Republic…
During a meeting in Kyiv, Prime Minister of Ukraine Denys Shmyhal, Vice-Chancellor, Federal Minister for Economic Affairs and Climate Action of Germany Robert Habeck and representatives of German business discussed the development of bilateral cooperation, strengthening of comprehensive support for Ukraine and intensification of economic activity. Denys Shmyhal thanked Robert Habeck for his visit to…
Georgian Finance Minister Lasha Khutsishvili on April 4 reviewed the Government’s cooperation with the Asian Development Bank and projects supported by the ADB in the public sector of Georgia in a meeting with its officials. The Ministry of Finance said the meeting involved Xiaohong Yang, the ADB Deputy Director General for Central and West Asia,…