In January-September, with reduced economic activity, general tax revenue was EUR 573.7 million or 8% short of the plan, as reported by Finance Ministry. In the first nine months of 2020, consolidated budget revenue was EUR 22.7 million or 0.3% lower when compared to the same period of 2019, reaching EUR 8,418,400. General budget revenue…
Experts say one should not expect the 4.6% GDP growth stipulated in the draft national budget for 2021. This opinion was voiced by head of the Committee of Economists of Ukraine, candidate of economic sciences Andriy Novak at a press conference. “The budget is designed with a 4.6% increase, which will definitely not happen in…
The Ukrainian side is interested in cooperating with the Export-Import Bank of Korea with the support of the Government of the Republic of Korea in the development of high-speed rail if favorable financial terms of cooperation are offered, minister of Infrastructure of Ukraine Vladyslav Kryklii said at a meeting with representatives of Hyundai Corporation on…
The integration process involving the Finance and Capital Market Commission (FKTK) and the Bank of Latvia could be used as an excuse to reduce the independence of the central bank, said the governor of the bank Martins Kazaks. “We can see the merge process of FKTK and the Bank of Latvia is not simple. Certain…
One in five businesses have serious deficiencies relating to their tax situation, the Tax and Customs Board (MTA) says. Additionally, another 20% have some issues. The MTA adds that over half of businesses have their affairs fully in order, so far as the authority is concerned. The board issues guidance on how to remedy this…
A modular infectious diseases hospital for 200 beds is under construction in the regional center of Turkestan region. It is said that the construction of a modular infectious diseases hospital is being carried out as part of the efforts to build 13 such hospitals across the country. The hospital being under construction in Turkestan region…
As of October 23, UAH 34.1 billion, or 52%, has already been used from Ukraine’s COVID-19 Fund, the Finance Ministry’s press service reports. UAH 5.8 billion out of the planned UAH 16.3 billion or 35% was spent on healthcare. In particular, UAH 21 million was directed on the purchase of lung ventilation devices (UAH 100…