U.S. special envoy visits Kyiv, offers insights on economy recovery
Source: Ukrinform
On her visit to Kyiv, U.S. Special Envoy for Ukraine Economic Recovery, Penny Pritzker, said Washington is committed to supporting Ukraine’s economic recovery. In a press conference held on Tuesday, Pritzker, who is soon stepping down from her role, outlined several key initiatives that can help “revitalize” Ukraine’s economy.
The key message, it’s not about raising taxes.
Pritzker emphasized that while the Ukrainian government has a free hand in their fiscal policy, the U.S. advises “focusing on customs reform and tackling shadow markets” rather than raising taxes.
Ukraine needs customs service reforms and more efficient policies for sales of cigarettes, alcohol, and electronics, which can bring more revenue into the country’s budget, stressed the U.S. diplomat.
“The road ahead is challenging, but with continued support and collaboration, I am confident that Ukraine will emerge stronger and more prosperous,” she said.
Amendments to Ukraine’s enforcement proceedings legislation, initiated by the Ministry of Justice of Ukraine, have entered into force. Among other measures, the reform provides for the automated lifting of attachments on bank accounts immediately after debts in enforcement proceedings have been fully settled. The main practical benefit for citizens is the complete elimination of the need to contact an enforcement officer in person and wait for paper decisions once the debt has been paid.
The 157th Separate Mechanized Brigade has received another batch of supplies as part of Rinat Akhmetov’s Steel Front military initiative. This time, the military received seven quad bikes and four mobile shower and bath units.
In my previous column, I wrote about social innovations in Ukraine. Those innovations are part of civic resilience and the democratization of security, which Europe is paying close attention to right now. The EU is trying to work out how to spread responsibility for its own security across society as a whole, rather than leaving it to institutions alone. It is looking for concrete ways to bring ordinary people into the work of defense and resistance.
Petro Poroshenko’s lawyers have appealed to the High Anti-Corruption Court demanding that NABU be obligated to register proceedings regarding the fact of exerting influence on the court and to recognize Petro Poroshenko as a victim in the case of the Deputy Head of the Office of the President, Iryna Mudra, due to her pressure on Supreme Court judges who were considering a lawsuit to overturn sanctions.
Internationally recognized brands and financial institutions should direct capital to Ukraine now, not waiting for the hostilities to end. This was emphasized by Rinat Akhmetov, president of FC Shakhtar, during a working visit to UEFA headquarters in Nyon, Switzerland, where he met with UEFA President Aleksander Čeferin.