The Cabinet of Ministers of Ukraine has submitted a draft state budget for 2023, prepared for the second reading, to the Verkhovna Rada of Ukraine. The relevant statement was made by Representative of the Cabinet of Ministers of Ukraine in the Verkhovna Rada of Ukraine Taras Melnychuk on Telegram. “The Cabinet of Ministers of Ukraine…
Poland’s inflation is expected to decelerate starting in March 2023, the Polish Economic Institute (PIE), a government think-tank, has said commenting on the latest figures from the Central Statistical Office (GUS). GUS reported on October 31 that Polish consumer prices soared by 17.9% YoY in October on by 1.8% MoM. In its comment, PIE said…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 17.9% YoY and by 1.8% MoM in October, the Central Statistical Office (GUS) reported in a flash estimate on October 31. Economists polled by PAP Business estimated that October’s CPI would reach 18% YoY and 1.7% MoM. In September, the prices of consumer…
The Georgian economy grew by 8.8% in September and by 10.2% in the first nine months of 2022 YoY, the latest data from the national statistics office of Georgia showed. In September, the estimated real growth was observed in the following activities: transportation and storage, information and communication, construction, hotels and restaurants and mining and…
Mykhailo Podolyak, adviser to the Head of the President’s Office, calls on the international community to hand over confiscated Russian assets to Ukraine. “Why is there still a discussion of what to do with the confiscated Russian $330 billion and yachts of Pootin’s oligarchs? Destroyed cities and blood of Ukrainian children have to put an…
The central bank governor believes that despite the geopolitical and economic uncertainty, Lithuania’s government should not delay tax reform. According to Gediminas Simkus, the country’s tax system is still an “animal farm” – meaning, messy and conferring unjustified advantages to some – and it is in the state’s interest to put it in order. “In…
A legislative initiative, which provides for the cancellation of the duty-free regime in Moldova, was approved by the Cabinet on October 26. The document sees amendments to the Customs Code and Fiscal Code, in order to promote the principle of fiscal equity through the imposing of taxes on goods sold in Moldova, including at the…