Business news from Ukraine

PRIME MINISTER OF UKRAINE INITIATES SETTING UP FUND OF FUTURE FOLLOWING EXAMPLE OF WORLD’S LEADING STATES

Prime Minister of Ukraine Volodymyr Groysman has initiated the creation of the Fund of the Future, a fund that will become the basis for financing social programs, while the source of these funds will be privatization, the deshadowing, demonopolization, and deoligarchization of the economy. “I want to create the State Fund of the Future, to which we will send funds from mines, privatization, and deshadowing. Funds from monopolies, oligarchs should be attracted there,” the head of government said on the air of ICTV Channel on Sunday evening.
Groysman noted that the money will be used to educate children, solve other problems. “Such funds were created in developed countries. And I would like such a fund to be established in Ukraine,” the premier added.

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UKRAINE’S PRIME MINISTER TO VISIT GERMANY ON NOVEMBER 29

Ukraine’s Prime Minister Volodymyr Groysman will participate in a business forum in Germany that starts on November 29. “I will be happy to visit Germany in late November to participate in the third business forum,” Groysman said during his meeting with German Chancellor Angela Merkel in Kyiv on November 1. Also, he recalled that a Ukrainian-German chamber of commerce started to work recently. It was created on Merkel’s initiative with Ukraine’s support.
“I think that we are now in a very good dimension of our relations. And your visit is the latest evidence that theses relations will have a very good perspective in the future,” Groysman said.
Ukraine will participate in the Third Ukrainian-German Investments Business Forum on November 29.

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PRIME MINISTER GROYSMAN GETS UAH 17 MLN INCOME IN 2017

Ukrainian Prime Minister Volodymyr Groysman has submitted the income tax declaration for electronic filing for 2017, which in total came to over UAH 17.1 million. The department of the information and public relations of the Secretariat of the Cabinet of Ministers, total income of Groysman for 2017 was UAH 17.102 million (UAH 15.802 million in 2016).
The following income was declared: salary on the post of the prime minister – over UAH 435,647, income from leasing property (bought before 2006) – UAH 5.15 million, income from selling immovable property (a land parcel) – UAH 8.798 million and income from placing funds on bank accounts – UAH 2.719 million.

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