KYIV, Sept 20 – The International Monetary Fund (IMF) believes that raising the bank profit tax from 25% to 50% in 2024 is unlikely to be effective and suggests the government consider raising broader taxes such as value-added tax (VAT), excise taxes, or environmental taxes, as outlined in the National Revenue Strategy (NRS).
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KYIV, Sept 20 – The United Nations is working to purchase more large-scale energy equipment for Ukraine. Through the UNDP, over 6 million Ukrainians have gained stable access to electricity, said Shoko Noda, Assistant Secretary-General of the UN and Director of the UNDP Crisis Bureau.
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KYIV, Sept 20 – Epicenter K LLC is looking for investments to implement the second stage of the project to build solar power plants (SPPs) at its facilities with a total capacity of 75 MW by the end of 2025.
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KYIV, Sept 20 – Issues of protecting energy this coming winter and domestic production of weapons – missiles, drones and electronic warfare systems, as well as the situation at the front were the focus of the regular meeting of the Headquarters of the Supreme Commander-in-Chief on Friday, Ukrainian President Volodymyr Zelenskyy has said.
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KYIV, Sept 20 – The Norwegian government has proposed to increase assistance to Ukraine by NOK 5 billion (about EUR 430 million) this year and allocate at least NOK 15 billion (about EUR 1.3 billion) a year until 2030, Panorama Nyheter reported.
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BRUSSELS, Sept 19 - European Union chief Ursula von der Leyen is traveling to war-ravaged Ukraine on Friday with the promise of 160 million euros ($180 million) in fresh energy funds to get the nation through the winter, The Associated Press reported.
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KYIV, Sept 19 - President Volodymyr Zelenskiy said on Thursday that Ukrainian forces had reduced the potential of Russian troops to launch attacks in Donetsk region on the eastern front of the more than 2 1/2-year-old war, Reuters reported.
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KYIV, Sept 19 – Real gross domestic product (GDP) of Ukraine in August 2024 year-over-year decreased for the first time since March 2023, a decrease of 2.1%, while in July an increase of 4.4% was recorded, according to the assessment of the Institute for Economic Research and Policy Consulting (IER).
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KYIV, Sept 19 – The Board of the National Bank of Ukraine (NBU) has decided to keep its key policy rate at 13%, but from September 20, 2024, interest rates on three-month certificates of deposit and interest rates on refinancing loans will be decreased by 0.5 percentage points (p.p.) and 1 p.p., respectively.
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KYIV, Sept 19 – According to experts interviewed by the United Nations Human Rights Monitoring Mission in Ukraine (HRMMU), power outages will last from 4 to 18 hours daily in winter, the monitors' report says.
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