Between October and December 2021 the amount of money owed by clients of Riga municipality’s JSC Rigas siltums for the heating energy supplied this season was slightly above EUR 15 million. Payments collected accounted for 82% of all issued heating service receipts, as reported by Rigas siltums representative Linda Rence. She said clients’ payment discipline…
The Belarusian state-owned potash manufacturer Belaruskali says it intends to demand damage compensation from Lithuanian Railways (LTG), which is terminating transportation contract on February 1. The Lithuanian government has terminated the contract on transporting Belarusian fertilizers across the country, quoting national security. Belaruskali has been under US sanctions since December 2021. LTG has confirmed that…
The Cabinet of Ministers of Ukraine expects the current program with the International Monetary Fund to be reviewed in February. “We are waiting for the next review of the current program of the International Monetary Fund in February and, of course, we work towards continuing the next programs,” Prime Minister Denys Shmyhal said at a…
Minister of Finance of Ukraine Serhiy Marchenko held an online meeting with U.S. Deputy Secretary of the Treasury Wally Adeyemo. “The parties discussed the achievements in the implementation of prudent fiscal policy in Ukraine, which resulted in overfulfillment of the state budget in 2021, ongoing cooperation with the International Monetary Fund, and next steps of…
Last year, Latvia’s state debt increased by EUR 2.8 billion or by 22.5%, reaching EUR 15.259 billion, according to data compiled by the State Treasury. At the end of 2021 Latvia’s state debt was EUR 15,258,909,000 and at the end of 2020 it was EUR 12,458,738,000. The state external debt was EUR 12.287 billion at…
Georgia’s tourism revenues in 2021 amounted to $1.2 billion, up by 129.8% YoY, according to the tourism recovery review from the Galt & Taggart. The figure decreased by 62.5%, compared to 2019 ($3.2 billion), and accounted for 38.1% of the 2019 level (before the COVID-19 pandemic). Georgia’s revenues from international travel in December 2021 amounted…
Industrial parks will finally start operating in Ukraine. In the next three years, the state will help build infrastructure for 25 industrial parks, which would attract $2.5 billion in additional investments to Ukraine. “Last week, the necessary documents were sealed, including the procedures for including in and maintaining the register of industrial parks. The inclusion…