Today at the Government meeting a resolution was approved which allows the Customs Service after taking of all tests and probes not to detain the commodities on customs till getting the results of examination - on condition that all necessary guarantees will be represented and such commodities do not fall under action of some prohibitions or limitations. ("On amendments to the order of taking (grant) of commodities' tests and probes, conducting of examinations (analyses) with a purpose of commodities' customs registration and probes' disposal").

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It was overfulfilled the budget general fund revenues for April and for the first four months of 2008 and also it was compensated over a plan for VAT to the businessmen.

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Today at the Government meeting the CMU resolution developed by the Ministry of Finance "On amendments to the point 2 of the Order of location of realization of customs registration of goods and transports which transported by residents and non-residents through the customs border of Ukraine" was approved.

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Today in the Ministry of Finance of Ukraine a meeting of Finance Minister Victor Pynzenyk with World Bank Managing Director Ngozi Okonjo-Iweala took place. A meeting passed within the framework of the visit of the World Bank Managing Director to Ukraine that will last from 20 till 23 of April.

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Ministry of Finance of Ukraine transferred the first tranche in the amount of UAH 1,7 million for support to the agricultural enterprises of Ukraine which suffer from adverse climatic conditions.

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The Government approved the Draft Law developed by the Ministry of Finance on additional financing of military contract service.

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Today at the Government meeting it was approved a Resolution developed by the Ministry of Finance on timely VAT compensation by the tax bodies.

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The Ministry of Finance of Ukraine implements a policy of effective management by state debt and initiates measures on liquid domestic market development of State Securities.

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According to the State Treasury latest update the receipts into general fund of the State Budget for January-March, 2008 amounted UAH 37,5 milliard that made 43% over a plan or UAH 11,3 milliard more against relevant period of 2007 year. Implementation of a plan for the first quarter of 2008 made 109 %, - it was collected UAH 3 milliard of revenues over a plan.

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Moody's Investors Service has placed Ukraine's key sovereign ratings on review for possible upgrade, including the foreign-currency ceilings for bonds and bank deposits, which are Ba3 and B2, respectively, and the B1 foreign- and local-currency government bond ratings.

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