A new drop in annual inflation is reported by the National Statistical Institute. Monthly inflation is -0.1%, and annual inflation is 6.3%. Inflation was measured by the Consumer Price Index (CPI), with monthly inflation for September compared to the previous month and annual inflation compared to the same month of the previous year. The largest…
Ukraine is finding it harder to secure financial support, as the attention of officials in key donor countries shifts to upcoming elections and geopolitical tensions heighten, Finance Minister Sergii Marchenko has said in an interview with Reuters. “I see a lot of tiredness, I see a lot of weakness among our partners, they would like…
The State Property Fund of Ukraine has already sold objects worth UAH 4.5 billion as part of small privatization this year, and it is planned to privatize five more large objects next year. “This is a large figure even compared to peacetime. Despite the war, small privatization is producing results. The government has handed over…
Two Polish economic zones were recognised among top 10 global economic zones in the 2023 ranking by the fDi Intelligence analytical centre from the Financial Times group. Katowice Special Economic Zone (KSSE) in southwestern Poland won the first place in Europe, for the seventh time, and was ranked fourth best in the world. Lodz Special…
Prime Minister Denys Shmyhal has said that inflation will not exceed 8-9% in 2023. “We have managed to change the situation in 2023. We have inflation at the level of 8-9%. We will see in a year, but I am convinced that it will not be higher. We have $40 billion of international reserves. This…
Deputy Prime Minister, Minister of Economic Development and Digitalization Dumitru Alaiba presented a new package to reduce bureaucracy in order to facilitate the activity of the business environment. “Entrepreneurs will save about half a billion lei (25 million euros) annually or 0.2% of GDP, following reducing tax and customs bureaucracy. The draft law, approved by…
Managing Director of the International Monetary Fund, Kristalina Georgieva, praised the Ukrainian government’s efforts in the field of managing the economy amid war, noting that the economic recovery is happening quicker than the fund predicted. She said this during a roundtable discussion of support for Ukraine within the framework of the annual meetings of the…