The Ukrainian Finance Ministry and the World Bank have signed an agreement on a EUR 300-million loan to continue the implementation of projects in the field of economic recovery, the ministry’s press service has said. “On December 20, Ukraine’s Finance Minister Serhiy Marchenko and World Bank Regional Director for Belarus, Moldova and Ukraine Arup Banerjee…
In 2021, the Ministry of Foreign Affairs together with the State Food and Consumer Service opened or restored access to foreign markets for 81 groups of Ukrainian goods in 21 countries, as well as helped more than 200 Ukrainian companies start exporting goods or operating abroad, Foreign Minister Dmytro Kuleba said presenting the successes of…
Nominal Gross Domestic Product in Georgia equaled 15.99 billion GEL in the third quarter of 2021 and real GDP grew by 9.1%, while the GDP deflator (inflation measure) increased by 9.4% in the reporting period, preliminary data from the National Statistics Office of Georgia (Geostat) showed. The highest real GDP growth was registered in the…
On December 18, negotiations of the Uzbek delegation taking part in an extraordinary meeting of the Council of Foreign Ministers of the Organization of Islamic Cooperation were held in Islamabad, with acting Minister of Foreign Affairs of Afghanistan Amir Khan Muttaqi. During the conversation, the parties discussed the current state of bilateral relations, the prospects…
The World Bank approved a EUR 300-million loan to support reforms and mitigate the impacts of the COVID-19 pandemic in Ukraine. “The World Bank’s Board of Executive Directors approved the EUR-300 million Second Economic Recovery Development Policy Loan (DPL) for Ukraine in support of reforms critical to the country’s economic recovery and growth, and to…
On December 16, the Verkhovna Rada of Ukraine passed at the second reading the law on the creation of preconditions for sustainable development and modernization of domestic industry, providing for the establishment of localization requirements when purchasing machine-building products. Bill No. 3739 was supported by 323 MPs. The adopted document improves the public procurement procedure…
Latvia’s Ministry of Environment Protection and Regional Development Minister Arturs Toms Pless signed the order on the halting of Jurmala City Council’s regulations regarding the increase of the entry fee and extension of its application from five months to a full calendar year, as confirmed by the ministry. On September 30, Jurmala City Council members…