Business news from Ukraine

POROSHENKO REPLACES NATIONAL REFORMS COUNCIL MEMBERS

President of Ukraine Petro Poroshenko has excluded Dmytro Shymkiv, ex-governor of the National Bank of Ukraine Valeriya Gontareva, Borys Lozhkin, ex-Finance Minister Oleksandr Danyliuk, Verkhovna Rada Commissioner for Human Rights Liudmyla Denisova, MP Serhiy Rybalka and ex-head of the State Fiscal Service Roman Nasirov from the National Reforms Council. By the same decree, Poroshenko included Deputy Head of the Presidential Administration Serhiy Marchenko, Acting Minister of Finance Oksana Markarova, and Head of the National Bank Yakiv Smolii in the National Reforms Council.
The National Reforms Council is a special advisory body under the president on strategic planning, coordinating positions on the reform strategy in Ukraine and monitoring their implementation.

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SWITZERLAND VIA IFC TO PROVIDE $1.8 MLN TO SUPPORT ENERGY EFFICIENCY REFORMS IN UKRAINE

The International Finance Corporation (IFC, the division of the World Bank Group) and the Swiss State Secretariat for Economic Affairs (SECO) have signed an agreement to facilitate energy efficiency renovations in Ukraine’s residential sector.
According to a posting on the website of the IFC, Switzerland will provide up to $1.8 million to IFC Advisory Services to support legal reforms that will support energy-efficiency refurbishments by engaging with housing management companies on behalf of homeowners’ associations.
According to the report, the initiative represents the third and the final phase of IFC’s Residential Energy Efficiency Advisory project in Ukraine, which started in partnership with SECO in 2010.

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