MONDAY, NOVEMBER 30, 2020
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Parliaments bill to offset debts between Naftogaz, Ukrnafta, government
Journal Staff Report

KYIV, Nov 17 - Parliament adopted the bill No. 4119 on amendments to the national budget of Ukraine for 2020 regarding the implementation of Article 11 of the law on the natural gas market, which provides for the financial recovery of Ukrnafta by offsetting from Naftogaz and the national budget.

On Tuesday 283 MPs backed the adoption of the bill with technical and legal amendments.

The document refers to a package of bills on financial recovery of PJSC Ukrnafta and will allow the company to pay UAH 30.35 billion in tax debt in accordance with the plan previously announced by its management and NJSC Naftogaz Ukrayiny. Before that, the Rada adopted bill No. 4120 related to bill No. 4119 on amendments to Section XX of the Transitional Provisions of the Tax Code of Ukraine regarding the administration of taxes in order to finance costs determined by clauses 31-33 of Article 14 of the law of Ukraine on the national budget for 2020.

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Currencies (in hryvnias)
  27.11.2020 prev
USD 28.44 28.38
RUR 0.376 0.375
EUR 33.85 33.78

Stock Market
  26.11.2020 prev
PFTS 501.2 501.2
source: PFTS


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