As part of this year’s small-scale privatization, Ukraine aims to privatize at least 150 small state-owned enterprises. According to the Ministry of Economy, the received funds will be directed to the needs of the Armed Forces of Ukraine. Bidding will start from the book value of an asset, and the final price will be determined…
The second half of next year should bring inflation down below 10%, according to Pawel Borys, head of the Polish Development Fund (PFR). On August 31, Poland’s statistical office said August inflation stood at 16.1% YoY and increased by 0.8% MoM. Borys said that he believed Poland’s inflation would not exceed 20% this year, while…
The turnover received by the Georgian business sector increased by 19.2% YoY and amounted to GEL 41.7 billion (about $14.53 billion) in the second quarter of 2022, the latest data published by the National Statistic Office of Georgia showed. The value of production generated by the business sector increased by 25.3% and amounted to GEL…
National Public Budget receipts administered by the State Tax Service (SFS) amounted to 35.3 billion lei (about 1.8 billion euros) in January-August, up by 17.9% YoY. According to the SFS, in 2022, the State Budget received 15.4 billion lei, up by 22.7%. “The local budgets recorded receipts of about 3.8 billion lei, up by 14.6%.…
Poland’s seasonally adjusted unemployment rate remained unchanged at 2.6% in July from the previous month, Eurostat, the EU’s statistical office, reported on September 1. The unemployment rate in the eurozone countries, according to seasonally adjusted data, went down to 6.6% in July against 6.7% in June. According to Poland’s Central Statistical Office (GUS), Poland’s unemployment…
Poland’s economy is slowing down, with a GDP drop to 2.7% expected in Q3, after a drop from 8.5% to 5.3% in Q2, a state-owned think tank reported on August 31. According to the Polish Economic Institute (PIE), until the end of Q4 inflation will be at 14.5% but should rise to 15.6% in February…
Poland’s Gross Domestic Product (GDP) increased by 5.5% YoY in the second quarter, the Central Statistical Office (GUS) said on August 31. The figure is higher than the previous flash estimate, in which GUS said that in Q2 growth would be 5.3% YoY. In Q1, the country’s GDP rose by 8.5% YoY, GUS said. Investment…