On civil servants in Ukraine Public Administration
A new law on civil service should be negotiated and adopted in the first quarter of 2015. Producing a high quality piece of legislation requires, in the first place, a careful review of the existing civil service system. The report “On Civil Servants in Ukraine” provides readers with essential relevant information.
Stylized facts about VAT Taxes
Value-added tax (VAT) in Ukraine is the main source of budget revenues. However, due to its weight, complex administration, and, consequently, related heavy corruption VAT is under permanent strong criticism. Disregard the tax is “problematic” in Ukraine, there is no alternative to VAT, especially in the context of our euro-integration aspirations. In fact, collecting VAT is a requirement for all member states.
Government investments made via the budget: What is it? Capital Expenditures
Capital expenditures of consolidated budget of Ukraine declined to extremely low 1.3% GDP. At the same time, the Ukrainian social infrastructure remains highly depreciated and outdated. In order to improve the situation it is not enough to increase the volume of expenditures.
Budget Chronicles: 3rd Quarter, 2014 Budget Analysis
In the third quarter of the 2014, four topics in the fiscal arena came to the fore in Ukraine: the impact of higher taxes on budget revenues, budgetary relations with the occupied territories of eastern Ukraine, the impact of fiscal policy on the local currency's destabilization and the beginnings of a new budget being formulated for 2015.
Ukraine’s national debt soon to exceed UAH 1,000,000,000,000 (trillion) Debt
In October, Ukraine’s national debt decreased by UAH 16.7 billion, or by 1 percent of GDP. The reason behind this is that the NJSC Naftogaz Ukraine repaid its Eurobonds. However, debt will soon exceed UAH 1 trillion.
Ukraine receives less money from international community than previously expected International Cooperation
The flow of credit resources to Ukraine has been quite limited. As of mid-November, the country received about two-thirds of the amount announced this April. What are some of the reasons behind this and what will be the consequences?
Laying off of civil servants: An insider’s opinion Public Administration
An ex-civil servant shared his views on reducing the size of government with the Price of the State. He believes that laying off of a number of civil servants is an absolutely necessary measure that would allow both to keep only the most talented employees and to save money. Certainly, layoffs should be combined with a complete review of government functions and intensive training programs for civil servants.
“Candidate pool” or What one needs to know to start a staff reform Public Administration
VoxUkraine, a portal set up to promote research-based policy analysis in Ukraine, published an article on the civil service reform.
A brief history of VAT History
The history of taxation is an informative and exciting topic. Here is a brief history of value-added tax we have put up together for you.
Ukraine's national debt reaches 64% of its GDP Debt
In September, Ukraine's debt increased by 6.9%. Loans from the IMF and from the World Bank as well as the ongoing recapitalization of "Naftogaz Ukraine" were the primary reasons for this increase. The situation with Ukraine's debt is indeed rather unpleasant, but not fatal.