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Ukrainian business associations are calling for reforms of the country's new mobilization law, fearing that its draft policies could cripple an already-struggling domestic economy, Reuters reported on Feb. 19.
Ruslan Stefanchuk, speaker of the Verkhovna Rada (Ukrainian parliament), says that a "big discussion" is currently taking place in parliament on the draft law on improving mobilisation. He says that the second reading may take place no earlier than 21 February.
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.
The Committee on Finance, Tax, and Customs Policy will submit a revised alternative draft laws on the Bureau of Economic Security reform. The Committee on Finance, Tax and Customs Policy on Feb. 12 submitted the draft law on restarting the Bureau of Economic Security which is an alternative to the Cabinet of Ministers’ draft law #10439. The Committee’s draft law is based on the text of the draft law #10088-1 which was supported by key Ukrainian business associations, experts and anti-corruption NGOs.
Oleksii Danilov, Secretary of Ukraine's National Security and Defence Council, has said that the likelihood that the provisions of the updated draft law on mobilisation would not comply with the Ukrainian Constitution is "close to zero".