Finances of Kyiv Region and Ukraine

Financial news, budget and personal finances

Finances

# VACS Confirms Verdict for Illegal Enrichment: Former Deputy Avoids Prison in Exchange for Returning 11 Million Hryvnias to Budget and 2 Million to Army The Specialized Anti-Corruption Court has approved a sentence for a former lawmaker convicted of illegal enrichment. The defendant avoided actual imprisonment in exchange for returning 11 million hryvnias to the state budget and an additional 2 million hryvnias to the military. The key question remains whether there is an enforcement mechanism in place if the funds are not transferred.

2 months ago
Finances

# Supreme Rada Mandates Pension Fund to Independently Collect Data from State Registries The Supreme Rada has obligated the Pension Fund to independently gather information from state registries and notify citizens when documents are missing. For hundreds of thousands of Ukrainians whose archives were destroyed by war or business liquidations, this represents a systemic shift in logic — from requesting to receiving.

2 months ago
Finances

Reports of negotiations for a 45-day ceasefire between the US and Iran crashed oil prices and lifted bitcoin: the market is betting on de-escalation, though Trump simultaneously threatens to bomb civilian infrastructure.

2 months ago
Finances

# From 0.84% to 0.1% of Blocked Invoices Per Year — STS Calls It Success, But Admits: Some Blockages Still Occur Due to Taxpayers' Own Technical Errors The State Tax Service has reduced blocked invoices from 0.84% to 0.1% annually, calling this a significant achievement. However, the agency acknowledges that a portion of blockages continues to result from technical mistakes made by taxpayers themselves. The service now provides step-by-step instructions for completing the Data Table — a document that either saves a business from blockage or ruins it due to a single incorrect commodity code.

2 months ago