The Rada gave final approval Thursday to a $49 billion budget for 2020

Friday, November 15, 2019
The Rada gave final approval Thursday to a $49 billion budget for 2020

The Rada gave final approval Thursday to a $49 billion budget for 2020. The deficit will be 2.1% of GDP, within the IMF target. The budget includes a record $3 billion to be spent rebuilding and repairing roads. The government plans to earn $500 million from the sale of state companies in 2020.

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Tying the arrests of former central bank officials to pressure by owners of bankrupt private banks, Timothy Ash writes:

Tying the arrests of former central bank officials to pressure by owners of bankrupt private banks, Timothy Ash writes:

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Oleksandr Hrytsenko, chairman of Ukreximbank, was grabbed off a Kyiv sidewalk Saturday morning and bundled into a black van in what his wife thought was a kidnapping.

Oleksandr Hrytsenko, chairman of Ukreximbank, was grabbed off a Kyiv sidewalk Saturday morning and bundled into a black van in what his wife thought was a kidnapping.

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