The Cabinet of Ministers of Ukraine approved amendments to the procedure for crediting part of the excise tax on fuel produced in Ukraine and imported into the customs territory of Ukraine to the general fund of the relevant local government budgets. The resolution establishes shares for the automatic distribution among local budgets of part (13.44%)…
The state will buy out grain and other food stocks in scope of the annual consumption throughout the country at the expense of the state budget. “We create a food reserve. The state will buy out grain and other food stocks in scope of the annual consumption throughout the country at the expense of the…
The World Bank has approved an additional support package for Ukraine of more than $700 million. The World Bank’s Board of Executive Directors approved over $489 million of the Development Policy Loan, called Financing of Recovery from Economic Emergency in Ukraine (FREE Ukraine) between Ukraine and the International Bank for Reconstruction and Development. In particular,…
Due to active hostilities, there occur recurring and new damages to power grids as well as power outages. The enemy is deliberately destroying the infrastructure, cases of theft of equipment, capture of workers of emergency and repair crews have been recorded. However, Ukrainian energy companies, despite the risk to their health and lives, managed to…
The 2022 sowing campaign in Ukraine will start wherever possible, considering military actions. The relevant statement was made by Ukrainian Agrarian Policy and Food Minister Roman Leshchenko during a telethon. “We have no choice but to go and sow. In general, we are working on the following mechanism: where we can sow, where the situation…
Following the instructions of President Volodymyr Zelenskyy, the Government has formed a package of decisions to support Ukrainian business during the war. This was stated by Prime Minister Denys Shmyhal in his video address on March 7. “We will exempt from payment of single social contribution (SSC) natural persons-entrepreneurs of the I and II groups…
Russian military aggression raised many concerns about the prospects of the coming planting campaign in Ukraine. APK-Inform is not able to carry out traditional polling of farmers as to their planting intentions. However, it has managed to talk to some farmers, who told that they were ready to plant. Most of agrarians from regions with…