economics
Business and government in Ukraine are publicly slamming one another over a proposed tax hike Kyiv says is necessary to fund its fight against Russia. Earlier on July 18, the Finance Ministry announced that the government had approved draft changes to the 2024 budget law that included an increase in defense spending by Hr 500 billion ($12 billion). The government wants to partly fund its plans with an increase in taxes and other duties, including war taxes on individuals and businesses as well as additional levies on imports and higher excise duties. The plan is to raise around $3.3 billion fr...
Kyiv Independent
Business and government in Ukraine are publicly slamming one another over a proposed tax hike Kyiv says is necessary to fund its fight against Russia. Earlier on July 18, the Finance Ministry announced that the government had approved draft changes to the 2024 budget law that included an increase in defense spending by Hr 500 billion ($12 billion). The government wants to partly fund its plans with an increase in taxes and other duties, including war taxes on individuals and businesses as well as additional levies on imports and higher excise duties. The plan is to raise around $3.3 billion fr...
Kyiv Independent
Editor’s Note: This is issue 142 of Ukrainian State-Owned Enterprises Weekly, covering events from July 21-27, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkraine increases natural gas reserves in underground storage to 10 billion cubic meters, Naftogaz Group reported on July 22. Over 2.5 billion cubic meters have been pumped into storage since the beginning of the season. This pace “allows us to optimistically forecast the achievement of the plan, namely 13.2 billion cubic meters by Nov. 1,” Naftogaz Group’s CEO Oleksiy Chernyshov said. As we wrote in Issue 126, o...
Kyiv Independent
Editor’s note: This is issue 66 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from July 22-28, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks and soft commitments in the memorandum with the IMFThe Cabinet of Minister's draft law on increasing military levy receives huge criticism from business and experts, there are not enough votes for it to pass the Parliament. A number of key ...
Kyiv Independent
Editor’s Note: This is issue 141 of Ukrainian State-Owned Enterprises Weekly, covering events from July 14-20, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEsPrivatBank appoints a new CFO. On July 15, PrivatBank reported that Larysa Chernyshova will serve in this role starting Sept. 1. She joined the bank as Chief Credit Officer in 2017 and has served as an executive board member responsible for risk management (Chief Risk Officer – CRO) since 2018. Chernyshova has 28 years of experience in senior management positions in the financial sector, including ...
Kyiv Independent
Editor’s note: This is issue 65 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from July 8-14, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks and soft commitments in the memorandum with the IMFA working group finalized a draft law on customs reform. A working group of the Tax Committee finalized for the second reading draft law #6490-d on the restart of the State Customs Service (...
Kyiv Independent
The following is the July 16, 2024 edition of our Ukraine Business Roundup weekly newsletter. This version is condensed as the author was out of the office. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. With Ukraine desperately seeking cash to fund its defense and wartime budget needs, the country is running out of time before an Aug. 1 deadline to agree with creditors on what portion of its foreign debt will be written off as a so-called “haircut.” After a first round of negotiations ended last month without a deal, Finance Minister Serhii M...
Kyiv Independent
Editor’s note: This is issue 64 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from July 8-14, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks and soft commitments in the memorandum with the IMFA working group agreed to design the draft law on customs reform in line with the key provisions of the draft law on the restart of the Bureau of Economic Security. A working group of the Ta...
Kyiv Independent
Editor’s note: This is issue 63 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from July 1-7, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks and soft commitments in the memorandum with the IMFThe Budget Committee recommended a draft law to restore medium-term local budgets. Ukraine's Budget Committee recommended for a first reading draft law #11131 with amendments to the Budget Co...
Kyiv Independent
The following is a chart based off of data originally published in the Kyiv-based Center of Economic Strategy's "Ukraine War Economy Tracker." The Kyiv Independent is republishing it with permission. Consumer confidence falls due to power outages and increased mobilization Consumer confidence index Current situation index Economic expectations index Source: Info Sapiens, Сenter for Economic Strategy • Consumer confidence indices. 0 - min, 200 - max, 100 - neutral opinions Until 2022, Ukrainians' consumer sentiment was closely linked to their financial situation: when the economic situation det...
Kyiv Independent
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら