The European Commission has disbursed EUR 15 million in loans to help Georgia cover part of its financing needs and support the implementation of economic reforms. The loan was provided under the first installment of its new Macro-Financial Assistance (MFA) program. “The grant component of EUR 5 million will be disbursed in the coming days,…
The Riigikogu has adopted Estonia’s 2019 state budget, the total volume of which exceeds EUR 11 billion. Altogether 52 MPs voted in favor and 46 against the 2019 State Budget Act, spokespeople for the Riigikogu said. 23 proposed amendments submitted ahead of the third reading of the state budget bill were reviewed on December 12,…
The Lithuanian Seimas has passed the state budget for 2019, which includes more funds for defense, while not taking into account the funding demands of striking teachers. Canadian-British news agency Reuters reports that the state budget was passed in the Seimas on December 11, with revenues expected to be 17.2 billion euros and spending at…
Lviv region has approved the main financial document for 2019. “The Lviv Regional Council at an extraordinary session on December 11 adopted the budget for 2019. The main financial document envisages expenditures at UAH 14.5 billion. Almost UAH 1.42 billion will be spent on the implementation of regional programs in Lviv region next year,” press…
Prime Minister Volodymyr Groysman has said that the economy of Ukraine has been growing for 11 quarters in a row, although it’s not enough and much still needs to be done. “Our goal is to reach 5-7% of GDP growth. We need to attract investments for this. We are moving in the ease of doing…
Information and Communications Minister Dauren Abayev described the Astana Hub work. “On November 6 the Head of State attended the presentation of the Astana Hub International Technology Park. Two acceleration programs carried out there helped select more than 20 startup projects with investments attracted up to KZT 49 million,” the minister said. According to him,…
The trade turnover between Azerbaijan and Serbia has grown by 33% this year, Economy Ministry reported. The ministry was commenting on the fifth meeting of the Azerbaijan-Serbia intergovernmental commission on trade and economic cooperation. Prior to the meeting of the intergovernmental commission with the participation of delegations led by co-chairs of the commission – Azerbaijani…