Ukraine to issue $2 billion in bonds in 2018

Ukraine hopes to receive the next payment of its $17.5 billion IMF program early next year and will aim to issue $2 billion on debt markets in 2018, finance minister Oleksandr Danyliuk declared. Oleksandr Danyliuk said that progress on the International Monetary Fund’s rescue plan depended on establishing a new anti-corruption court, as well as…

Ukraine: Cherkasy’s Azot resumes ammonia and carbamide production

Ukraine’s manufacturer of mineral fertilizers Cherkasy-based PJSC Azot, a part of the Ostchem holding owned by businessman Dmytro Firtash, has resumed the production of ammonia and carbamide after overhauls, according to Ostchem’s press service. “After major repairs, the company has resumed production of ammonia (workshop A-5) and carbamide (workshop M-2),” it wrote on Facebook. In…

Belarus: new taxes shelved till 2020

Current taxes will not be raised and no new taxes will be introduced in Belarus till 2020 (Browse now to learn wh). The provisions are stipulated by Ordinance No. 7 “On entrepreneurship development”, which the head of state signed on November 23. The ordinance prohibits raising tax rates and introducing new taxes, fees, and duties…