At a meeting on September 22, the Cabinet of Ministers approved the procedure for the mandatory sale of electricity by producers through electronic auctions. “From now on, electricity producers, regardless of ownership (except for those producers who have a green tariff and electricity producers who have acquired the right for support as a result of…
Minister for Foreign Affairs of Ukraine Dmytro Kuleba took part in a meeting of the Council of Ministers for Foreign Affairs of the Organization for Democracy and Economic Development – GUAM, which included Azerbaijan, Georgia, Moldova and Ukraine, according to the Ukrainian MFA press service. The meeting took place as part of the official visit…
In January-June, SCM Group paid almost UAH 35 billion in taxes, of which UAH 29 billion was transferred to the state budget and UAH 5.8 billion to local budgets. “In H1 2021, SCM’s Ukrainian businesses paid almost UAH 29 billion to the national budget, up by 57% YoY. Taxes paid to local budgets grew 38%,…
The draft state budget for 2022 provides for UAH 3 billion for the program to support Ukrainian entrepreneurs “Affordable Loans at 5-7-9%”, the Finance Ministry has written on its Facebook page. “The draft budget for 2022 is an investment in people, the country and the future. One of the priorities of the budget is the…
The draft state budget for 2022 envisages 21% of expenditures on the security and defense sector, to the Minister of Finance, Serhiy Marchenko has said. In total, UAH 319.4 billion will be spent on national security and defense, which corresponds to 5.95% of GDP. “These are expenditures within budget programs run by the Ministry of…
The net profit of Ukrainian solvent banks amounted to UAH 45.6 billion in January-August, up by UAH 13 billion YoY, the press service of the National Bank of Ukraine (NBU) posted on its Telegram channel. In January-August, solvent banks received UAH 45.6 billion in net profit, up by 40%. Banks’ revenues for the first eight…
The National Bank of Ukraine (NBU) expects to start a cycle of key policy rate reduction in the second quarter of 2022. This issue was discussed at a meeting of the NBU’s Monetary Policy Committee, the central bank’s press service reported. “The NBU should be ready for a scenario in which it may have to…