The International Monetary Fund (IMF) is waiting for decisive steps particularly need to be taken to fight corruption from the Ukrainian authorities, including prosecuting and convicting corrupt high-level officials, the mission of the IMF said after visiting Kyiv on November 3-17. “While there has been progress in setting up new institutions, including the National Anti-Corruption…
President of Ukraine Petro Poroshenko has signed the law on exempting charitable activity carried out by religious organizations from taxes. The press service of the Cabinet of Ministers noted Poroshenko signed amendments to the Tax Code of Ukraine concerning exemption from taxes of non-profit (charitable) activities, including humanitarian aid, charity, philanthropy, etc., activities carried out…
The State Service for Food Safety and Consumers’ Rights Protection has imposed a ban on imports of poultry and by-products from Austria. According to the service’s website, with reference to the World Organization for Animal Health, the outbreak of highly pathogenic avian influenza (HPAI) was registered at farms in the territory of Austria and Germany.…
The National Bank of Ukraine (NBU) allowed the liquidation of Finexbank (Kyiv) at the initiative of the owners. According to the regulator’s website, on November 17, Finexbank had sufficient liquidity to make payments to clients. The volume of highly liquid assets amounted to 21 million UAH, while total liabilities were 6.5 million UAH, in particular…
Ukraine’s Cabinet of Ministers is creating an ad hoc working group to analyze the situation in the aerospace sector and draw up mechanisms for increasing its management efficiency, Ukrainian Prime Minister Volodymyr Groysman has said. Groysman, speaking in parliament, knocked at the effectiveness of the aerospace sector management. He said that the sector enterprises with…
Ukrainian agrarians have to increase the share of alternative crops in the structure of agricultural production, including pulses, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. According to him, cultivation of pulses allows diversifying agricultural crops production and improving the soil quality. For example, India is one of the largest countries-importers…
Since the beginning of 2016, Kazakhstan exported nearly 7 million tons of grains including flour in grain equivalent, the Vice Minister of Agriculture of the Republic of Kazakhstan Gulmira Isayeva declared. According to her, in the current year the country produced a record grain harvest – 23.7 million tons, with the average yield of 1.54…