Business news from Ukraine

Business news from Ukraine

VERKHOVNA RADA INTRODUCED 100% GUARANTEE OF DEPOSITS DURING THE WAR

1 April , 2022  

The Verkhovna Rada at a meeting on Friday adopted a law on the full guarantee by the state of deposits of individuals for the period of martial law and three months after its completion. According to the head of the committee Daniil Getmantsev in the Telegram channel, the law also establishes that subsequently the maximum amount of compensation on deposits will be UAH 600,000 compared to UAH 200,000 now.

In addition, the Rada adopted in the first reading bill No. 7233 amending the Tax Code and other laws regarding the collection of a single fee and accounting for denatured ethyl alcohol and chemical and technical products. The bill is aimed at providing favorable conditions for the production of denatured ethyl alcohol, bioethanol, chemical and technical products.