Thursday, November 25

The Bureau of Economic Security (BEB) expects to be approved prior to its launch on November 25.

The Bureau will have exclusive powers to investigate financial and tax offenses, tax fraud, falsification of tax reporting production, distribution of illegal excisable goods (alcohol, tobacco, fuel), counterfeiting money and financial documents obstruction, etc. According to the document adopted by the government, BEB completed the central office staff by 30% within the period established by law. As of November 22, the new body has 214 employees.

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The Guarantee Fund has received UAH 630 bln ($23.6 bln) in private investments.

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IMF downgrades Ukraine's GDP growth estimate to 3.2%

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The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment