Ukraine has received EUR 236 million in loan financing under the World Bank’s PEACE in Ukraine project (“Public Expenditures for Administrative Capacity Endurance”). The financing was provided by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Government of the Kingdom of Sweden. The funds have been directed to the general…
In January-May, local budgets received almost 231.3 billion UAH in taxes and fees, 15.1% more than in the same period last year. This was reported by the Acting Head of the State Tax Service Lesya Karnaukh. “Local budgets are not dry numbers. These are changes that we feel and see in communities every day. These…
The parliamentary Budget and Finance Committee has approved the government’s proposal to raise the national debt ceiling to 3.8 billion euros. The measure passed with 13 votes in favor, three against, and five abstentions. During the discussion, Deputy Prime Minister and Finance Minister Galab Donev defended the proposal, linking the increase to upcoming obligations under…
The number of foreigners working in Poland rose by 7.2% last year, to reach 1.14 million, new data from Statistics Poland (GUS), a state agency, showed. Immigrants now make up almost 7% of all workers. Ukrainians remain by far the largest group, representing over two thirds (67.6%) of foreign workers. However, the nationalities that saw…
The International Monetary Fund (IMF) has warned Estonia that if it continues on its current course, the country’s public debt is heading down an unsustainable path. An IMF delegation visiting Estonia from late May through June 9 discussed the state of the Estonian economy and economic policy measures with representatives of the public and private…
A total of 43,000 entrepreneurs received state assistance through the Energy Support Programme for sole proprietors, Prime Minister of Ukraine Yulia Svyrydenko announced. “In total, small businesses received UAH 438 million from the state. More than half of these funds were used to purchase fuel for generators,” the Prime Minister said. The Government launched the…
The State Tax Service is expanding its partnership with tax authorities of the EU countries. Memorandums of Cooperation with Lithuania and Latvia have been signed. The memorandums of cooperation were signed by the Acting Head of the State Tax Service of Ukraine Lesya Karnaukh, Director General of the State Revenue Service of Latvia Baiba Smite-Roke…