Tag Archives: energy. economy

Ukraine: government cancels duties and VAT on imports of energy equipment

On July 27, laws simplifying the import of certain categories of goods, including energy equipment and electronic warfare equipment, came into force in Ukraine. This was reported by the State Customs Service on Facebook. “From 00:00 on July 27, Laws of Ukraine No. 3853-IX and No. 3854-IX of 16.07.2024 came into force, which provided for…

Ukraine: transition of businesses to power generators to cause higher inflation

The shelling of energy infrastructure will have no significant impact on consumer price dynamics, but the shift of businesses to power generators could cause inflation to increase by 1-2% in 2023. Yuliya Svyridenko, First Deputy Prime Minister and Minister of Economy of Ukraine, touched upon the issue at a briefing on December 22. “Persistent power…