Belarusian refinancing rate continues to decrease
On June 21, 2023, the Board of the National Bank of Belarus decided to decrease the refinancing rate from 9,75% to 9,5% per annum (p.a.). We remind you that in March 2023 the rate was 11% p.a. and has been decreasing monthly since.
The procedure for licensing the activities of payment system operators and payment organizations has been approved in Uzbekistan
The Central Bank of the Republic of Uzbekistan adopted the Resolution “On approval of the regulation on the procedure for licensing the activities of payment system operators and payment organizations” reg. No. 3431 dated May 5, 2023 (the “Resolution No. 3431”).
09.06.2023
On June 8-9, the Astana International Forum took place in Astana. The two-day event brought together the representatives from different countries, among which high-level delegates from foreign governments, international organizations (WTO, UNESCO, IMF, etc.), businesses who are working to find solutions to global challenges and promote peace and dialogue to maintain development and progress.
The President of Turkmenistan signed the Decree on the development of the State Budget for 2024
On May 15, 2023 with a view of timely preparation of projects of the State budget for 2024, the basic directions of social and economic development and the investment program of the country
The Banking and Finance team of GRATA International advised the EBRD on four risk-sharing framework deals
Marina Kahiani, Partner of the Banking and Finance team and Zarina Kabashova, Associate advised the European Bank for Reconstruction and Development (EBRD) on four risk-sharing framework deals in 2023. The signing took place at EBRD's annual meeting on 17 May 2023 in Samarkand.
24.05.2023
From May 16th to 18th, the city of Samarkand hosted the annual meeting and business forum of the European Bank for Reconstruction and Development (EBRD), attracting representatives from various countries. The main objective of the event was to engage in discussions on critical matters related to economic development and investments.