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Anti-Monopoly Committee pauses Bilshovyk machinery plant sale

Anti-Monopoly Committee pauses Bilshovyk machinery plant sale

by Max Hunder

On Nov. 17, the Anti-Monopoly Committee refused to consider an application to complete the controversial purchase of the Bilshovyk machine-building plant. The agency said that the application didn’t comply with its requirements. Tycoon Vasyl Khmelnytsky and his business partners bought the Kyiv plant for a mere $53 million through

Media: Head of State Property Fund resigns

Media: Head of State Property Fund resigns

by Toma Istomina

Dmytro Sennychenko, the head of State Property Fund of Ukraine, has resigned on Nov. 16, several Ukrainian media outlets reported, citing their sources. According to Ekonomichna Pravda, the reason for his resignation was the scandalous sale of the machine-building plant Bilshovyk standing on a 35-hectare land plot in Kyiv. The

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9:44 PM

IMF: Ukraine needs $42 billion in budget support for 2024.

Speaking in Washington, IMF Managing Director Kristalina Georgieva said she was "confident" this would be achieved but added that fully addressing the country’s economic problems would require ending Russia's full-scale invasion.
9:35 PM

US House Democrats back Johnson's foreign aid bills.

"We're going to do what's necessary to make sure the national security bill gets over the finish line," House Democratic leader Hakeem Jeffries said. "It's not Johnson's foreign aid package. It's America's foreign aid package in terms of meeting our national security needs."
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