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As expected, the Rada easily passed the corona crisis budget yesterday

Tuesday, April 14, 2020
As expected, the Rada easily passed the corona crisis budget yesterday

As expected, the Rada easily passed the corona crisis budget yesterday, largely with the overwhelming support of the majority Servant of the People party. The budget more than triples the budget deficit to GDP, from 2.1% to 7.5%. The budget is premised on a 3.9% GDP drop this year. The budget raises the national debt ceiling by 17%, to the hryvnia equivalent of $88 billion.

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Monday, April 13
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S&P Global Ratings downgraded the long-term issuer default rating of Ukrzaliznytsia to the level of CCC from B-

S&P Global Ratings downgraded the long-term issuer default rating of Ukrzaliznytsia to the level of CCC from B-

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Wednesday, April 15
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The Rada meets this afternoon to debate and vote on a special parliamentary procedure that would allow fast track treatment of ‘legislative spam’ –

The Rada meets this afternoon to debate and vote on a special parliamentary procedure that would allow fast track treatment of ‘legislative spam’ –

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