The Polish general government deficit reached 3.4% of the country’s GDP in 2022, while Poland’s total debt amounted to 49.1% of GDP at the end of 2022, the Central Statistical Office (GUS) reported. This compares to a 1.8% general government deficit and debt-to-GDP ratio of 53.6% in 2021, GUS said in a flash estimate on…
Economy Minister Levan Davitashvili on April 1 highlighted the growing dynamics of trade turnover between Georgia and Uzbekistan in the post-pandemic period, in a meeting with Jamshid Khodjaev, the Uzbek Deputy Prime Minister. Davitashvili said the trade turnover between the countries increased by 40% in 2022, with exports increasing to 30%, and emphasised the importance…
The State Property Fund of Ukraine plans to put up objects of large-scale privatization for sale in the second or third quarter. “We plan to put up all large objects for sale in the second or third quarter. Plan “A” is to privatize. Plan “B” – if there is no demand for these objects –…
The Georgian economy grew by 5.8% in February and by 7.1% in the first two months of 2023, data published by the National Statistics Office of Georgia on Friday showed. The estimated real growth, compared to the same period of the previous year, was observed in construction, financial and insurance activities, trade, transportation and storage.…
The funds will be allocated under the Emergency Recovery Program aimed at critical infrastructure. The money will be used to purchase equipment and services needed for reconstruction. The relevant documents were signed by Oleksandr Kubrakov, Deputy Prime Minister for Recovery of Ukraine and Minister for Communities, Territories and Infrastructure Development, and Kuninori Matsuda, Ambassador Extraordinary…
The Business Association of Georgia on March 30 published the results of a survey that said 63% of its member companies planned to increase the volume of their investments this year. Carried out in the first quarter of the year, the survey also saw 28% of the member companies say they would keep investment levels…
Prime Minister Dorin Recean on March 30 discussed the investment climate in Moldova with representatives of the Association of Investors from Romania (AIR) and Ambassador of Romania to Moldova Cristian-Leon Turcanu. The main subjects were focused on the creation of conditions for attracting investors, foundation of a joint guarantee fund and relocation of successful businesses…