National bank of Ukraine’s official rates as of 03/09/20
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of September 03
One troy ounce=31.10 grams
The National Bank of Ukraine (NBU) maintains its forecast for the grain harvest in 2020 at 72 million tonnes, Deputy Governor of the NBU Dmytro Sologub has said.
“The harvest is basically at the level of last year, the area planted with early crops was slightly less than last year, because more corn was sown, but the yield is almost in line with last year … We keep the estimate for this year’s harvest, respectively, at the level of 72 million tonnes,” he said during a press briefing of the National Bank.
He noted that the NBU also does not see a significant decrease in grain exports in comparison with the forecast.
President of Ukraine Volodymyr Zelensky has set the government to draft and submit to the Verkhovna Rada bills aimed at developing the IT industry in Ukraine.
According to the presidential website, Zelensky signed relevant decree No. 371/2020 on September 3, 2020.
According to the document, the Cabinet of Ministers, with the involvement of representatives of government agencies, business associations, independent experts and MPs, should draft and submit to the parliament bills aimed at stimulating the implementation of economic activities in the field of information technologies within three months.
In particular, at the legislative level, the temporal features of the taxation of salaries of IT specialists who are in labour relations with IT companies should be determined in order to establish an effective level of the tax burden and promote the shadowing of the salary sphere and increase the competitiveness of internal IT companies in the external market.
The president also insists on improving the procedure for carrying out procedural actions in the course of criminal proceedings in order to prevent unjustified interference in the activities of IT companies.
In addition, according to the decree, the government should improve the procedures for obtaining an immigration permit by IT specialists who are foreigners or stateless persons and immigrating to Ukraine and obtaining a work permit for foreigners and stateless persons by an employer (IT company).
The Cabinet of Ministers should also contribute to the development of education in the field of information technology and the integration of the best world practices into the system of training IT specialists to increase their competitiveness in the labour market.
According to the document, the improvement of vocational training, retraining and advanced training of the unemployed should be ensured be involving educational institutions that train specialists in the IT field.
The decree comes into force on the day of its publication.
The Verkhovna Rada of Ukraine adopted bill No. 3761 with amendments to the Tax Code with benefits for projects with significant investments, as well as bill No. 3262, with amendments to the Customs Code from the package of bills on investment raising.
According to a correspondent of Interfax-Ukraine, bill No. 3261 was supported by 273 MPs and bill No. 3262 was supported by 262 MPs, with the required 226 votes.
The bills provide tax incentives for investors who implement projects with significant investments, as well as exempt from import duties on equipment for such projects.
In addition, the bill amending the Tax Code proposes to exempt equipment from VAT for 2021-2035, which is imported for the implementation of a project with significant investments, and also provides for income tax benefits.
Deputy Head of the President’s Office Yulia Kovaliv said that the bills are intended to strengthen Ukraine’s position in investment raising and creating new jobs in the package with the previously adopted bill No. 3760 on investment.
More and more Ukrainians are returning to Poland to work, the Analytical Department of the Gremi Personal international employment company has said.
According to the Polish Social Insurance Fund, some 22,000 more foreign labour migrants were registered in July. In total, the register contains 628,000 foreigners, payers of ZUS (insurance payments) and, first of all, they are Ukrainians.
Earlier in its research, the Analytical Center of Gremi Personal said: “The pandemic is a chance for Polish employers to keep labour migrants who were previously going to work in other countries. However, if there is no more loyal visa program at the state level, as well as promoting the assimilation of Ukrainians, after lockdown, they will increasingly choose not Poland, but, for example, the Czech Republic and Germany. So far, the flow of Ukrainians to Poland is the most stable due to the most convenient logistics and relatively stable economic situation in Poland. At the same time, the supply of jobs from Polish employers in logistics, food production, furniture industry, household appliances and construction is increasing. In these areas, work for Ukrainians will be until the end of the year.”
Gremi Personal also said that “this year in August, significantly fewer Ukrainians working in Poland started to temporarily leave for Ukraine to prepare children for the new school year; at the same time, a tangible increase in labour migrants is expected from September, when Ukrainians traditionally go to work in Poland, and Polish enterprises that employ Ukrainians are increasing production volumes before the New Year holidays.”
