Ukraine will not have to repay the $50B G7 loan until it receives reparations from the Russian Federation. Ukrainian parliament members approved amendments to the Budget Code, which introduced a new concept in the budgetary sphere – conditional debt obligations. This establishes a special status for funds ... #G7 #LoanForUkraine #ReparationsForUkraine #RoksolanaPidlasa #RussianAssetsProfits #SerhiyMarchenko #VerkhovnaRada
Scholz assured Ukraine of further support and promised it would receive a loan of $50B. Can the funds go to the military? German Chancellor Olaf Scholz has assured Ukraine that it will receive a $50B loan secured by frozen Russian assets, and Kyiv’s support from its allies will not weaken. Scholz describes the loan... #LoanForUkraine #OlafScholz #RoksolanaPidlasa #RussianAssetsProfits #SupportUkraine
The government proposes increasing budget expenditures by more than ₴500B and raising taxes to obtain an additional ₴140B. Ukraine’s government approved changes to the state budget that include a proposed spending increase of ₴500.3B, of which ₴495.3B would be directed to the security sector and defense. The head of... #DefenseSpending #ExciseTaxesOnFuel #RoksolanaPidlasa #TaxesUkraine #UkraineBudget2024
Ukraine lacks ₴500B to finance planned expenditures this year, although the financial sector has increased tax payments by 170%. According to the head of the Budget Committee, Roksolana Pidlasa, to finance the necessary expenses, the state budget for 2024 lacks about ₴400-500B ($10-12B). The question of funding the state budget... #BudgetDeficit #RoksolanaPidlasa #TaxesUkraine #UkraineBudget2024 #UkraineBudgetRevenue
Due to delayed funding from its allies, Ukraine is seeking more resources and is looking for other domestic sources to finance urgent needs. All of Ukraine’s internal resources are directed to funding the army; the state has almost exhausted its possibilities for domestic revenue sources, said the head of the budget committee of the Ukrain... #financialaidforUkraine #RoksolanaPidlasa #UkraineBudget2024 #UkraineBudgetDeficit
What will happen if the EU refuses to increase 2024 support to Ukraine to €18B under the Ukraine Facility program: the parliament’s response. According to the Ukraine Facility plan, direct budget assistance from the total €50B over four years amounts to €39B. If that amount is divided into equal parts, you get €9.75B annually. This will no... #EUfinancialAid #RoksolanaPidlasa #UkraineBudget2024 #UkraineFacility
In 2023, Ukraine received almost $20B in budget aid from its partners. The head of the Parliament’s budget committee, Roksolana Pidlasa, said that as of mid-June, the state budget’s general fund has received $19.8B from international partners. The share of external... #financialaidforUkraine #RoksolanaPidlasa #StateBudgetUkraine #StateDebtUkraine
Ukraine’s exports to the CIS countries fell by almost 25% due to the war. Exports to the CIS countries decreased by 23.8% in the first nine months of the year compared to the same period last year, said the deputy head of Economic Development, Roksolana Pidlas. It is worth ... #RoksolanaPidlasa #UkrainianExport
