Verkhovna Rada

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Verkhovna Rada adopted the state budget for 2024

Budget revenues were approved at the level of 1.768 trillion UAH, expenditures – 3.35 trillion

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The Committee of the Verkhovna Rada supported the draft law on insurance of investments against war risks

The draft law provides for the expansion of the capabilities of the Export Credit Agency

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Parliament proposes to allow ECA to insure investments against war risks

The relevant draft law has been registered in the Verkhovna Rada

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The Verkhovna Rada adopted the state budget for 2023

Revenues will amount to 1.3 trillion hryvnias, expenses – 2.6 trillion hryvnias

The Verkhovna Rada supported the simplification of the bankruptcy procedure during martial law

Adoption of the draft law will enable arbitration managers to exercise their powers in a bankruptcy case without an additional appeal to the court

The Verkhovna Rada adopted the draft law about customs visa exemption

It is expected that customs visa-free will work from October 1

Parliament supported the extension of martial law until November 21

The Verkhovna Rada also extended the terms of the general mobilization

Parliament approves forced seizure of property during the war

The seizure is planned to be carried out on the basis of the decision of the National Security and Defense Council at the suggestion of the regional military administration

The Verkhovna Rada adopted a generally updated law on privatization

New law will shift large privatizations to Prozorro auctions without advisors and speed up small privatizations

NKMZ asks the authorities to suspend the expropriation of property

On July 19, Verkhovna Rada adopted a resolution on the extraction of the plant's property in order to prevent the equipment from being seized by the occupiers

Verkhovna Rada decided to transfer the property of NKMZ to state ownership

Terms and conditions of the transition have not yet been disclosed

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