The Organisation for Economic Co-operation and Development (OECD) has revised Bulgaria’s economic growth forecasts in its latest World Economic Outlook report, signaling a 1.7% growth rate for 2023, slowing due to external factors, with a projected acceleration to 2.8% in 2024. Initially anticipating a 1.9% GDP growth for 2023 and 3.2% for 2024, the OECD’s…
Since the beginning of the year, 12,700 Ukrainian agricultural enterprises have received UAH 67.6 billion in bank loans for development. Of these, 9,800 enterprises received UAH 38.7 billion in loans under the Government’s Affordable Loans at 5-7-9 programme. Agricultural enterprises in the following regions received the largest amount of loans under various programmes: Kyiv region…
Prime Minister Dorin Recean requested the dismissal of the Public Procurement Agency management on November 29. “I request you to dismiss the Public Procurement Agency head because public procurement there is neither efficient nor complete, the online platform has gaps in functionality and does not ensure sufficient transparency, so the head and all the management…
In a recent report released by the National Statistical Institute (NSI), November witnessed a diverse range of shifts in Bulgaria’s business climate index across significant industries. The overall business climate index for the month settled at 21.6%, reflecting a marginal decline from the preceding month’s figure of 22%. The composite indicator gauging the “business climate…
Poland is likely to see no changes in the interest rates until the end of 2024, with GDP growth of 3.1% over the period, the S&P Global Ratings agency has said in a forecast. In the report dated November 27, S&P economists raised their estimate of Poland’s GDP by 0.1% in 2024, while expecting Poland’s…
Since the start of 2023, successfully held auctions via the Prozorro.Sale system have replenished the budgets of various levels with UAH 12.49 billion, including UAH 197 million in the past week. The Prozorro.Sale press service said this in a post on Facebook. “In 2023, the Prozorro.Sale system replenished budgets of various levels with UAH 12.49…
The Government has set up an organisational preparatory committee for the annual Ukraine Recovery Conference to be held in Berlin next year. This was announced by Prime Minister Denys Shmyhal. “The task is not only to attract resources for rapid reconstruction, but also to determine the long-term perspective and to synchronise reconstruction with European integration.…