Ukraine: 35,505 concessional loans worth UAH 135,7 billion issued under Affordable Loans at 5-7-9% Programme

Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 70,327 loans from authorised banks totalling UAH 225.4 billion, of which 47,762 from public sector banks totalling UAH 100 billion (as of August 21). Over the past week, 668 concessional loans totalling UAH 1.9 billion were issued under the programme,…

Moldova: grant of over $88 million to be received

The World Bank will offer the Republic of Moldova a grant worth $88.4 million. The Parliament ratified on August 17 the multi-donor trust fund grant agreement between the Republic of Moldova and the International Bank for Reconstruction and Development and the International Development Association. Thus, the grant will be disbursed in a single installment and…

Poland: economy down in Q2 2023

Poland’s Gross Domestic Product (GDP) decreased by 0.5% YoY in the second quarter of 2023, the Central Statistical Office (GUS) reported. Compared to the previous quarter, the economy fell by 3.7%, GUS said in a flash estimate. Poland’s economy contracted by 0.3% in the first quarter of 2023, after a 2.3% growth in the fourth…