Economy
The Rada did not back the proposal to introduce VAT on parcels worth up to €150 ahead of the IMF mission
The Verkhovna Rada did not support the amendments to Bill No. 12360 regarding the introduction of VAT on international parcels worth up to €150.
Bankrupt companies must repay over 617 million hryvnias to the Ministry of Defence
The directors and beneficiaries of bankrupt companies must repay the Ministry of Defence more than 617 million hryvnias for contracts with the Defence Forces that were not fulfilled.
Temu and AliExpress may automatically charge a 20% VAT to buyers in Ukraine
Ukraine is preparing a new tax scheme for imported parcels worth up to €150, which could change the rules for shopping on international marketplaces.
The minimum wage in 2026 could rise to 11,183 UAH from July
Bill No. 15224-5 has been tabled in the Verkhovna Rada, proposing to increase the minimum wage, the minimum old-age pension and the subsistence level in 2026.
The Economic Security Bureau is unaware of the specific hardware and software system for which MPs are requesting 81 million hryvnias from the budget
The Economic Security Bureau was unable to explain exactly which hardware and software system the agency requires 81 million hryvnias for. The Bureau’s management had previously approached MPs with a request for funding to purchase it.
Changes to small-scale privatisation: leased property will be sold at auction
The Cabinet of Ministers has amended the rules on small-scale privatisation: leased state and municipal property will now only be sold via open online auctions following renovation or modernisation.
A breakthrough in the fight against these schemes will come when the Security Service of Ukraine stops taking part in them and pretending to do its job, says an MP
MP Danylo Getmantsev stated that, in order to tackle the black market in tobacco, smuggling and grey imports, the State Customs Service must stop participating in these schemes and pretending to do its job.
Exchange rates have changed since the weekend: how much are the dollar and the euro worth on 25 May
The working week began with new exchange rates at the counters. Whilst currency exchange bureaux have kept the dollar rate at Friday’s level, Ukrainian banks have decided to revise their rates. Find out where it is most advantageous to buy currency today and what rates PrivatBank, Oschadbank and Monobank have set in this article by ThePublic.
Hungary has once again imposed restrictions on imports of Ukrainian agricultural products
Hungary has once again imposed restrictions on imports of a number of Ukrainian agricultural products
A UN project on demining and support for farmers is launching in the Kherson region
A new UN project is launching in the Kherson region, aimed at clearing agricultural land of mines and supporting local farmers. Farmers from communities affected by hostilities and mine contamination will receive assistance
Elon Musk remains the world's richest person, with a fortune of $722 billion
Elon Musk, CEO of Tesla and SpaceX, has retained the top spot in the Bloomberg Billionaires Index ranking of the world’s richest people. Since the start of the year, his fortune has grown by a further $103 billion.
Former head of the State Reserve suspected of involvement in a 36 million hryvnia scam
The NABU and the SAPO have announced that they have uncovered a scheme at a state-owned enterprise within the State Reserve Administration.
