In 2023, banks were charged UAH 73.5 billion in income tax, up 10-fold YoY. This was reported by Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy, in a Telegram message. “The accrued income tax in 2023 amounted to UAH 73.5 billion, which is 10 and 11.5 times more than…
Ukrainian Danube Shipping Company has built another large-capacity SLG barge, using old lighter vessels (small 40-meter barges). The first SLG barge was set afloat in late 2023. The relevant statement was made by the Ukrainian Communities, Territories and Infrastructure Development Ministry on Facebook. “In 2023, the team of Ukrainian Danube Shipping Company, for the first…
Building solid defensive borders is one of the main goals of defence policy. This was emphasised by Prime Minister Denys Shmyhal during a Government session on February 13. “Since the beginning of 2024, the Government has allocated UAH 20 billion from the state budget reserve fund for fortifications. Additional resources from other sources of funding…
On February 12, Minister of Finance of Ukraine Sergii Marchenko met with the management of the International Monetary Fund mission to Ukraine. The IMF mission included Deputy Director of the IMF European Department Uma Ramakrishnan, IMF Mission Chief for Ukraine Gavin Gray, Deputy Mission Chief for Ukraine Sanaa Nadeem and IMF Resident Representative in Ukraine…
The Ministry of Economy of Ukraine and Nasdaq, a leading global technology company, have signed a Memorandum of Understanding to strengthen the Ukrainian economy and capital markets. The signing took place in the presence of Ambassador of Ukraine to the United States Oksana Markarova and U.S. Ambassador to Ukraine Bridget Brink. As part of the…
On February 12, Prime Minister of Ukraine Denys Shmyhal met with the team of the International Monetary Fund led by Uma Ramakrishnan, Deputy Director of the IMF’s European Department. The meeting was also attended by Minister of Finance of Ukraine Sergii Marchenko and Alternate Executive Director for Ukraine at the IMF Vladyslav Rashkovan. The parties…
Ukraine is exploring various scenarios to maintain macro-financial stability under any conditions, and at the same time expects that the rhythm of external financing will be normalized in the coming months. This was reported on Facebook by the National Bank Governor, Andriy Pishnyi. “I met with Kristalina Georgieva, IMF Managing Director, during a high-level conference…