The Verkhovna Rada has passed a series of bills needed to meet Ukraine’s commitments to international partners under the Ukraine Facility programme, agreements with the International Monetary Fund and other support mechanisms.
This was reported by Prime Minister Serhii Koretskyi.
According to him, overall the parliament supported bills that simplify the administration of value added tax, improve banking procedures and introduce simplified insolvency procedures for small and micro businesses.
At first reading, MPs backed two bills from the SEPA package. They are needed for Ukraine to join the Single Euro Payments Area.
This is expected to make international transfers for citizens and businesses faster and cheaper in the future.
Koretskyi noted that the decisions adopted pave the way for receiving the next tranche of international financial assistance.
The Prime Minister also thanked MPs for supporting the initiatives and said the government is working with parliament. In particular, all ministers are involved in work in профильних комітетах і парламентських групах.
- The Verkhovna Rada on 11 November passed Bill No. 16037-d in full on simplifying the administration of value added tax (VAT). The Ministry of Finance outlined the changes.