At a meeting on February 21, the Cabinet of Ministers approved the Procedure for holding electronic auctions during large-scale privatization. According to Prime Minister Denys Shmyhal, the process will become more transparent, competitive and efficient. “The Government continues to reform corporate governance and privatization. Since the beginning of the year alone, the state has raised…
Georgia’s progress in debt management, operating an office for large taxpayers and facilitating risk analysis and tax audit was discussed between the country’s Finance Minister Lasha Khutsishvili and Enrico Aavi, the head of the Technical Assistance project of the International Monetary Fund. Within the visit, which involved working meetings between February 8 and 21, it…
This year, Ukraine needs another $17 billion for the rapid reconstruction of energy, critical and housing infrastructure, as well as economic recovery, Prime Minister Denys Shmyhal has announced during a government meeting. “At the same time, Ukraine needs another $17 billion this year to achieve rapid recovery. It is about the reconstruction of the energy…
Ukrainian President Volodymyr Zelensky has met with IMF Managing Director Kristalina Georgieva in Kyiv and thanked her for supporting Ukraine since the first days of Russia’s full-scale invasion. “The IMF’s support creates an opportunity for Ukraine to remain strong. It is also a weapon – an economic weapon that allows us, our society, and our…
Poland’s retail sales decreased in real terms by 0.3% YoY and by 23.1% MoM in January, the Central Statistical Office said on February 21. Economists polled by PAP expected January’s retail sales to grow in real terms by 0.8% YoY and to fall by 22.3% MoM. In current prices, retail sales increased by 15.1% YoY…
The Baku Stock Exchange held an auction on the placement of the Azerbaijani Finance Ministry’s public bonds worth 40 million manats ($23.5 million) with a circulation period of 728 days. As many as 26 investors submitted 50 bids in the price range from 91.2 manats or $53.6 (11%) to 95.4 manats or $56.1 (8.5%) during…
The vast majority of working-aged Ukrainian refugees in Poland have found work in the country, according to a survey commissioned by the Prime Minister’s Office. The survey, carried out by the EWL Migration Platform and Warsaw University’s Centre for Eastern Studies, found that 84% were now employed and that 27% of this group had managed…