News on December 6: Ukraine’s international reserves are shrinking, Firtash Oblgaz will be put up for privatization
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About international reserves. International reserves of Ukraine as of December 1, 2023, according to preliminary data, amounted to 38.8 billion dollars – in November they decreased by 0.5%.
About Firtash oblgas. Almost three dozen gas distribution companies that were part of the so-called “Firtash oblgaz” group and are currently subordinate to the state company “Naftogaz” will be transferred to privatization.
About tax audits of business. On December 6, President Volodymyr Zelenskyi signed the law on canceling the moratorium on tax audits.
About additional taxation of banks. On December 6, President Volodymyr Zelenskyi signed the law on additional taxation of banks adopted by the Verkhovna Rada.
About the criminalization of smuggling. The European Business Association (EBA), the American Chamber of Commerce in Ukraine and the Union of Ukrainian Entrepreneurs (SUP) called on the people’s deputies to send draft law No. 5420 on the criminalization of smuggling of goods and excise goods for revision.
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