Archive 2001

  • Monthly Economic Monitor Ukraine No.12 (14)

    • The Tax Code draft was approved in second reading. It envisages significant reductions in major tax rates. 
    • The Civil and Commercial Codes, finally adopted by Parliament, are awaiting the President’s signature. 
    • The Cabinet of Ministers extended the subscription period for the privileged sale of Ukrtelecom shares by two months. 
    • The National Electricity Regulation Commission increased tariffs for the transmission and distribution of electricity for four out of six newly privatised regional distribution companies. 
    • According to the State Tax Administration, nearly UAH 20 bn of tax debt was written off and restructured as of November 1. 
    • The interest rate of percentage domestic state bonds (POVDP) will decrease from the present 17% to between 7 and 9% p.a. in 2002. 
    • Moody’s, the influential credit-rating agency, upgraded its ratings for Ukrainian financial instruments.
    Issue:  No.12 (14) December 2001
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