Ukrainian President Petro Poroshenko has said that a priority of work in 2018 will be privatization and the replacement of the profit tax with the tax on withdrawn capital. “In 2018 our priorities in reforms are no less ambitious – privatization, deregulation, improving investment climate, national bureau on financial security, tax on withdrawn capital, liberal…
Following the results of 2017 Ukraine ranked second in terms of butter supplies to the European Union, Deputy Minister of Economic Development and Trade – Ukraine’s Trade Representative Natalia Mykolska informed on her Facebook page. “Ukraine once again confirmed the existing status quo as a reliable and important player in the European Union’s agrarian market.…
Gas reserves in Ukraine at a current rate of production, which is about 20.5 billion cubic meters per year, will be enough for 22 years, according to the Chairman of the NJSC Nadra Ukrayny Board Yaroslav Klymovych. “There are 402 hydrocarbon deposits in Ukraine, including 269 deposits being in commercial development. Ukraine’s state balance of…
Lviv plans a UAH440 million bond issue (to be issued in two tranches in 2018), Fitch Ratings said in a press release on January 15. “For 2018 Lviv’s direct debt may increase to UAH 440 million, or a still 4.7% below current revenue (from less than 0.1% in 2014-2017), if the city is successful in…
The Ukrainian delegation led by Chairman of the State Agency on Energy Efficiency and Energy Saving of Ukraine Serhiy Savchuk participated in the Legislators Forum in Abu Dhabi, UAE, on the eve of the opening of the eighth session of the IRENA Assembly. “More than 60 parliamentarians from 30 countries, including Ukraine, discussed effective legislative…
The National Bank of Ukraine (NBU) in 2017 bought nearly $2.3 billion on the interbank forex market, according to the NBU website. At the same time, the regulator purchased over $1 billion through interventions in the form of a request for the best forex rate, the report said. Over the period under review, the National…
Prime Minister Volodymyr Groysman has said that Ukraine’s external debt totals 83% of the country’s GDP. At the same time, he reminded that in 2014, when Arseniy Yatsenyuk became the prime minister, the state budget amounted to UAH 108,000, as the previous regime brought huge damage to the country. “Then there was the annexation of…