The Ukrainian government is currently not discussing the issue of raising taxes, Prime Minister Denys Shmyhal said at the Hour of Government in the Verkhovna Rada on Friday, when ex-speaker of parliament Dmytro Razumkov reminded him of the promise not to raise taxes after they are restored until pre-war level. “We have not started and … Read more
Ukrainians will have to live in a power-saving mode for years due to Russian attacks on Ukraine’s energy infrastructure, Prime Minister Denys Shmyhal said at a meeting of the Cabinet of Ministers on June 4. “The consequences of Russian attacks on the energy sector are long-term. Therefore, saving will be a part of our everyday … Read more
The Cabinet of Ministers of Ukraine has included the industrial parks Tiachiv (Zakarpattia region) and Smila (Cherkasy region) in the Register of Industrial Parks, as announced by the government representative in the parliament, Taras Melnychuk. According to his message on Telegram on Thursday, the government made the decision at its meeting on Thursday. According to … Read more
The Cabinet of Ministers of Ukraine has set the electricity tariff for the population at UAH 4.32 per kWh (including VAT) starting June 1, 2024, which is 64% higher than the current tariff of UAH 2.64 per kWh (including VAT). This previously released information by the first deputy head of the Verkhovna Rada’s energy committee, … Read more
The Cabinet of Ministers updated the procedure for using funds allocated in the state budget to compensate expenses for humanitarian demining of agricultural land at its meeting on Friday, the Ministry of Economy’s press service reported. According to the adopted resolution, compensation is provided for farmers whose lands have already been cleared by certified mine … Read more
The government has taken another step towards launching insurance for Ukrainian enterprises against military risks by making corresponding amendments to the charter of the Export Credit Agency (ECA). “Changes have been made to the charter of the Export Credit Agency. This is the second of two subordinate government regulations without which this mechanism will not … Read more
The Cabinet of Ministers approved the concept of a state targeted scientific and technical program for the use of artificial intelligence (AI) technologies in priority sectors of the economy for the period until 2026. The corresponding order (No. 320-r dated April 13, 2024) was published on the government portal. The Cabinet of Ministers identified the … Read more
The Cabinet of Ministers recognized as invalid Resolution No. 775 on export ISO (imposed special obligations) on the electricity market. The government made this decision at a meeting on Saturday. The special obligation on the export of electricity required exporters to give 80% of their income to the state-owned enterprise Guaranteed Buyer, which actually directs … Read more
The Cabinet of Ministers has resumed the program of partial compensation for the purchase of Ukrainian-made agricultural machinery, for which UAH 1 billion is included in the 2024 state budget, said First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko. “During the presentation of the Made in Ukraine policy in Chernihiv region, chaired by … Read more
Ukraine’s energy system remains integral after Russia’s attacks, but the situation is very uneasy, Prime Minister of Ukraine Dmytro Shmyhal has said. “Last night, Russian terrorists inflicted another massive missile and drone attack on our country. The main target of the attack is again our energy system. We withstood the blow. The energy system is … Read more