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"If the issue of money from the US is not resolved in April, then we will have enough money only until the end of summer," Daniil Getmantsev said
Despite pressure from the Presidential Office the Verkhovna Rada rejected the Cabinet of Minister's draft law on restarting the Bureau of Economic Security (BES). On Feb. 23, the Verkhovna Rada of Ukraine rejected the Cabinet of Ministers’ draft law #10439 on the fake restart of the BES. Despite huge pressure from the Office of the President and persuasion from the Justice and Economy ministries, the law only got 222 out of the 226 votes needed for it to pass.
Key takeaways from the latest monthly review of Ukraine’s economy during wartime.
On Feb. 5, the Cabinet of Ministers set the basic dividend pay-out ratio for SOEs at 80%, but SOEs can choose to pay higher dividends. According to Oleksii Sobolev, Deputy Economy Minister, the 2024 state budget expects total dividends from SOEs to be more than Hr 66 billion ($1.7 billion). As we wrote in Issue 115, Naftogaz Group paid over Hr 90 billion ($2.4 billion) in taxes in 2023.
With official aid constantly in down, Ukraine must safeguard foreign investment