The National Bank of Ukraine (NBU) and the Ministry of Justice in March 2024 should prepare a plan to increase the transparency of the real estate market, the updated Memorandum of Economic and Financial Policy of Ukraine on the EFF extended Financing program with the International Monetary Fund (IMF) reads. “The NBU and Ministry of … Read more
The Cabinet of Ministers of Ukraine will adopt a roadmap for the gradual liberalization of gas and electricity markets with a clear plan for its implementation for the period after martial law. “Once the war winds down, the reform agenda in the energy sector will, inter alia, require restoring and enhancing competition in wholesale and … Read more
In March 2024, the State Property Fund of Ukraine should develop amendments to bill No. 7386 on property valuation, as well as present a roadmap for the implementation of international standards on valuation and the creation of a register for the valuation of financial assets, follows from the updated Memorandum of Economic and Financial Policies … Read more
The extent of the damage at Dniprovska Hydroelectric Power Plant (HPP) still requires a thorough examination, but it is now known that it will take years to restore the station. “We already understand that Dniprovska HPP has been out of commission for a long time. We still cannot tell and understand in detail what and … Read more
The International Monetary Fund (IMF) has published an updated Memorandum of Economic and Financial Policies following the third review of the Extended Fund Facility Arrangement for Ukraine. According to the document, there are no new structural benchmarks, and the execution dates of three existing ones are delayed by several months. In particular, the deadline for … Read more
Over the two years of the full-scale war with russia, the total volume of international investments in Ukraine reached $1.7 billion, of which $1.2 billion were invested in 2023 alone. The head of the KSE Institute, Nataliya Shapoval stated the data during the Ukraine Business Compact (UBC) Workshop. Currently, the Ministry of Economy has identified … Read more
The Verkhovna Rada has allowed from May 1, 2024 to partially resume inspections of compliance with the requirements of the legislation of Ukraine on customs matters, including regarding the timeliness, reliability, completeness of accrual and payment of customs duties, suspended since February 24, 2022 for the period of martial law. Corresponding changes are provided for … Read more
Ukraine is removing its ‘International War Sponsors’ list from the website of the National Agency for the Prevention of Corruption after representatives from several countries raised concerns, the Cabinet of Ministers announced. While the list bore no legal weight, Kyiv created it after the start of the full-scale invasion to put pressure on businesses to … Read more
In January 2024, drones became one of the top 10 imports for Ukraine, with a total value of $99 million. This accounted for 2% of all imports during that period. The Center for Economic Strategy reported that. It should be mentioned that $114 million worth of phones were brought into the country, comprising 2.2% of … Read more
Over the past two weeks, the Ukrainian AI startup Beholder, the manufacturer of UAVs, aviation systems and military equipment Ukrspecsystems, the U.S. company Silvaco, the web design studio Habitat and the creator of video games Kava Gaming have joined Diia.City, the Ministry of Digital Transformation reported on Tuesday. According to the ministry’s Facebook post on … Read more