Representative of the Cabinet of Ministers in the Verkhovna Rada, Taras Melnychuk, revealed some indicators of the draft state budget for 2023, which was registered by the government in the parliament. “When developing the draft law “On the State Budget of Ukraine for 2023″, a moderately conservative scenario of the macroeconomic forecast was used to…
Average monthly nominal earnings in Georgia increased by GEL 213.3 (about $75) in the second quarter of 2022 compared to the same period of the previous year, marking a 16.1% increase, to GEL 1.541 (about $544), the national statistics office of Georgia said on September 15. The highest monthly earnings were observed in the following…
Most Poles have cut their household budgets owing to inflation-driven price hikes, a survey published by the Rzeczpospolita newspaper on September 15 has revealed. According to the NielsenIQ survey, 60% of those polled have reduced their basic expenses, 40% buy only the cheapest products and 32% believe inflation and high prices will remain long after…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 16.1% YoY and by 0.8% MoM in August, the Central Statistical Office (GUS) reported on September 15. The figures are in line with the flash estimate published by GUS on August 31. In July, the prices of consumer goods and services increased by…
Poland has the largest digital economy in Central and Eastern Europe, worth an estimated EUR 44 billion in 2021, according to a new report published on September 14. Until 2023, the country’s digital economy may grow by an additional EUR 78 billion, or PLN 360 billion, and could be worth EUR 123 billion in total,…
Ukraine’s draft state budget for 2023, which was approved by the government on September 13, envisages a monthly deficit of more than $3 billion. That’s according to Ukrainian Prime Minister Denys Shmyhal. “In 2023, our revenues will amount to UAH 1.28 trillion, while expenditures are projected at UAH 2.57 trillion. Accordingly, we estimate the monthly…
Minister of Economy Sergiu Gaibu had a meeting with President of the Polish Development Bank (BGK) Beata Daszynska-Muzyczka on September 13 in Warsaw. They approached areas of mutual interest, as well as opportunities to support Small and Medium Enterprises (SMEs), through accessible and competitive instruments. Sergiu Gaibu welcomed the Polish Bank’s interest in the country…