The high level of core inflation in Poland rules out the possibility of interest rates being cut this year, analysts at a government think tank, the Polish Economic Institute (PIE), have said. “The long period of high inflation also affects the activities of the NBP (National Bank of Poland),” PIE wrote. “We estimate that core…
The monetary base in Azerbaijan amounted to 17.2 billion manats ($10.1 billion) as of February 28, which was 23.69% or 3.3 billion manats ($1.9 billion) more than in the same period of 2022, the Central Bank reported. According to the bank, the monetary base increased by 2.15% or 363.8 million manats ($214 million) compared to…
On February 27, the first e-auctions for the sale of amber were held on the Prozorro.Sale platform, which brought the organizers a total of UAH 1 million, state enterprise Prozorro.Sale said in a Facebook post. “Today the first online auctions for the sale of amber through the Prozorro.Sale system were held. Following the results, the…
Finance Ministry’s representatives reported the progress made in the process of implementation of the Association Agreement, as well as about the institution’s priorities at the parliament’s commission for economy, budget and finances. According to the report unveiled, 60% of the European Union’s directives have been fully implemented and 8% have been partially transposed. Attending the…
Polish economic growth will decelerate this year to 1%, slightly above market expectations, economists from ING have said. The bank’s experts issued a statement on March 1 in response to the publication of a new report from S&P Global with data on Poland’s manufacturing sector purchasing managers’ index (PMI). The report showed that the index…
Georgian Finance Minister Lasha Khutsishvili on March 1 met representatives of the Asian Development Bank to review work for organising the annual meeting of its Board of Governors in Tbilisi in 2024. The minister and representatives of the organisational team for the meeting noted the event would be a “great opportunity to present Georgia in…
More than 26,500 disadvantaged families received emergency aid of 4,900 lei as one-off aid for November 2022 – May 2023. According to the Ministry of Labor and Social Protection (MMPS), at this stage, the World Food Program has transferred the payment to 32,057 beneficiaries from the 39,924 selected in the first round, in this sense…