Georgian Prime Minister Irakli Garibashvili on February 13 discussed prospects for economic cooperation with Masrour Barzani, the head of the Regional Government and Prime Minister of the Kurdistan Region of Iraq. The meeting was hosted on the sidelines of the World Government Summit in Dubai, the Georgian Government Administration said. Garibashvili arrived in the United…
The European Commission (EC) has downgraded predicted Polish GDP growth in 2023 from 0.7% to 0.4%. “Elevated inflation and low consumer and business confidence are expected to keep weighing on economic growth in the coming quarters,” the EC wrote on February 13 in its Winter 2023 Economic Forecast. “In particular, declining real incomes amid an…
On February 6-12, the Customs Service collected over 624.03 million lei (about 31.2 million euros) to the state budget. According to the Customs Service, private people brought goods with customs value exceeding the non-taxable limit, and payments totaling over 17.9 million lei were collected, which represented 2.9% of the total amount. The money collected from…
Georgia’s tourism potential has been promoted at Balttour 2023, one of the largest trade fair exhibitions in Latvia’s capital city of Riga, with the involvement of the country’s national tourism bodies and 11 companies, the Georgian National Tourism Administration reports. An exhibition stand introducing Georgia’s tourism attractions to the visitors and companies of the fair…
The value of Polish exports to Russia fell by almost 40% YoY from January to November 2002, analysts from the Polish Economic Institute (PIE) said. In a PIE report on the economy, experts added that the decline in exports had occurred despite a general increase in the total value of Polish exports and prices. PIE…
Seven buildings and two parks have been renovated in the western city of Terjola in Georgia’s Imereti region under the Government’s Renewed Regions programme. The project has also involved the rehabilitation of the central Rustaveli Street in the city. The infrastructure efforts have also seen public infrastructure updates in other cities of the region –…
Adam Glapinski, head of the National Bank of Poland (NBP), has said that the country’s interest rates are now at an adequate level following a series of rate hikes. The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, decided to keep the reference interest rate at 6.75% on February 8. “According to our…