Results for 2017 were mixed. Ukraine’s economy is on the rise, and many positive achievements were reached. But 2018 begins with one awful reality: ongoing attacks against the new anti-corruption agencies have revealed to the world just how reluctant the establishment is to give up its rent-seeking activities any time soon.
There was a new wave of anti-corruption scandals in November. The National Anti-Corruption Bureau of Ukraine (NABU) organized a few high-profile arrests, but its courage only triggered active resistance from Ukraine’s establishment.
CASE Ukraine`s Senior Economist Volodymyr Dubrovsky gave in an article for ‘Ekonomichna Pravda’ media outlet a full picture of how the Ukrainian economy exits the ‘shadow’.
Ukraine has climbed in the ‘Taxation 2018’rating from the 84th place in the 43rd (among 190 countries). CASE Ukraine`s Senior Economist Volodymyr Dubrovsky shared in a commentary to the ‘From-UA’ media outlet a restrained assessment of the successes and called not to rely entirely on similar studies.
Yakiv Smoliy, the acting National Bank of Ukraine`s (NBU) head, and Volodymyr Lavrenchuk, the chairman of the board of ‘Raiffeisen Bank Aval’, claim to be the head of the NBU. CASE Ukraine`s Executive Director Dmytro Boyarchuk estimates in the article for the ‘Novoye Vremia’ website a development of the regulator by each of the candidates.
The Verkhovna Rada equated the persons wounded during the Euromaidan protests to the war veterans.
That is what the International Monetary Fund requires from the state. IMF mission representatives currently get acquainted with the 2018 Ukrainian budget draft.
CASE Ukraine`s executive director Dmytro Boyarchuk forecast in the article for ‘Novoe Vremia’ media outlet the Ukrainian Hryvnia`s future: a complete collapse of currency will not take place, but it will weaken its position within 5%.
Ukraine’s economy is steadily recovering now. During H1, GDP grew 2.4% y/y, twice as fast as forecast.
Volodymyr Dubrovsky, CASE Ukraine`s senior economist, told ‘UBR’ media outlet that the simplified tax system does not hurt the budget as much as it is thought to be.