Ukraine’s need for international financing in 2023 remains significant and amounts to about $3 billion per month. This is stated by the press service of the Ministry of Finance of Ukraine following the working visit of the Ministry’s leadership to Luxembourg. During the panel discussions, representatives of the Ministry of Finance and international partners discussed…
Ukraine’s recovery should contribute to solving many global problems, including the food and energy crises in the world. This was stated by Prime Minister of Ukraine Denys Shmyhal during his speech at an event at the American Chamber of Commerce organized by the U.S. International Development Finance Corporation (DFC). “We know that DFC usually provides…
Poland should remain a “green island” in 2023 and avoid the recession threatening other European countries, with GDP growth estimated at 1.7%, a deputy finance minister has said. Artur Sobon said that the 4.9% GDP growth for 2022 reported by the Central Statistical Office (GUS) on January 30 was a “very good result.” It followed…
While annual inflation in Georgia has “passed the peak” and is on a downward trend, the country’s National Bank (NBG) will pursue a “tight monetary policy” throughout the year to “reduce the risk of rising inflationary expectations” in the medium term. The NBG made the statement following the decision of its Monetary Policy Committee to…
The Government has set up an Interagency Working Group on Accelerated Deregulation. It has already presented its first recommendations – to cancel 47 licenses and permits under the jurisdiction of the Ministry of Economy, Prime Minister Denys Shmyhal announced during a Government meeting on January 31. “These are the rules governing the export and import…
The International Monetary Fund (IMF) has lowered Poland’s Gross Domestic Product (GDP) growth forecasts for this year and next. According to the IMF’s World Economic Outlook report published on January 30, Poland’s GDP is currently expected to grow by 0.3% in 2023, down from 0.5% predicted in the previous report issued in October 2022. In…
Georgian Economy Minister Levan Davitashvili on January 31 said the “positive trends” of the country’s economic growth from 2022 were expected to be maintained this year due to its multifaceted form over the past 12 months. The ministry cited Davitashvili as pointing to the 11% growth in December 2022 and a 10.1% increase over the…