Ukraine needs to reduce the size of its shadow economy to continue receiving help from Western partners. As FT writes, Ukrainian authorities are trying to improve the country’s financial condition by implementing several scenarios simultaneously, which can be called a mixture of debt restructuring,... #AmChamUkraine #ForeignInvestor #ReformsinUkraine #UkraineBudget #UkraineEconomy #UkraineShadowEconomy
The AmCham condemns the government’s initiatives to increase corporate income taxes. The American Chamber of Commerce in Ukraine (AmCham) called on Ukrainian authorities to strengthen their fight against Ukraine’s shadow economy before increasing the tax burden on honest taxpaye... #AmChamUkraine #DefenseSpending #TaxesUkraine #UkraineBudget2024
The US has already provided Ukraine with about $60B in aid to repel Russian aggression, said Christopher Smith, deputy head of the US mission in Ukraine, at the Ukrainian American War Time Economy Forum. He clarified that the US has provided $36.9B in military aid and $22.9B in budget su... #AmChamUkraine #AndyHunder #ChristopherSmith #OleksiyReznikov #UkrainianAmericanForum #USmilitaryAid #WarinUkraine
According to AmCham Ukraine, most businesses in Ukraine have kept working, even after 50 days of the war. According to a survey, “Doing Business during War in Ukraine. Week 8”, 41% of AmCham Ukraine member companies are fully operational, 50% continue to partially work, 29% have relocated with... #AmChamUkraine #businessinukraine
The Ukrainian President, Volodymyr Zelensky, met with members of the American Chamber of Commerce in Ukraine. The meeting was attended by AMCHAM members which include the management of large international companies, some of which are one of the largest investors in our country’s economy, and Ukrainian c... #AmChamUkraine #AndyHunder #zelensky
The American Chamber of Commerce in Ukraine is shortlisted for the AmChams in Europe (ACE) Creative Network Award. AmCham Ukraine’s project Membership Engagement Tracker was launched in April 2021, and it helps to track interactions with members and measure members’ engagement. “We are delighted ... #ACCAndyHunder #AmChamAward #AmChamUkraine #AndyHunder
Business confidence buoyed by financial strength by end-2021. In 2021, 90% of business representatives gave an upbeat forecast on their companies’ financial health at the end of the year: 62% will achieve planned financial results, 28% will achieve more th... #AmChamUkraine #BusinessConfidence2021 #FinancialStrength